Asset/portfolio management
The deal between the Republic of the Congo and the Chinese oil and gas company aims to develop the Banga Kayo, Holmoni, and Cayo blocks and raise national oil output to 200,000 B/D by 2030.
A total of 20 companies submitted applications for new exploration blocks offshore Norway.
The SPE Asset Management Technical Section (AMTS) is teaming up with the University of Houston to launch a pilot program that advances asset management practices and supports the growth of energy professionals worldwide—setting a model for future collaborations between universities and SPE technical sections.
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Block 3B/4B is on trend with nearby Namibian discoveries Venus and Graff.
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While projects offshore Cyprus and Israel advance, Lebanon’s latest licensing round follows news that Eni, TotalEnergies, and QatarEnergy drilled a dry hole on Block 9 near the country’s maritime border with Israel.
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With negotiations dead on arrival with Russian independent major Lukoil, Iraq is asking Gazprom to take over development of the Nasiriyah oil field south of Baghdad.
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Executives from BKV Corp. share why the mid-sized natural gas producer is diving headfirst into carbon sequestration projects and why you should too.
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Oil giant looks to shed Canadian tight-oil assets as it moves to wrap up merger with rival Hess.
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At more than $140 billion, M&A market activity in the fourth quarter delivered the best showing of the year.
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In a sale agreement valued at $2.4 billion, Shell will move on from its Niger Delta upstream business which it has operated since 1979.
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The acquisition will expand Talos’s deepwater US Gulf of Mexico footprint and increase annual production by an estimated 30,000 BOE/D.
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The Ksi Lisims floating LNG facility is planned to be the world's lowest emission-intensity LNG facility and net-zero ready by 2030.
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The project’s revised development plan now incorporates a carbon capture facility.