Asset/portfolio management
Deepwater blocks drew most of the attention in the first lease sale for the offshore region to be held in 2 years.
The Denver-headquartered shale producer will become a pure-play operator of the Marcellus Shale in West Virginia.
The North Sea Transition Authority has published its first table identifying 13 operators that are behind schedule in decommissioning their inactive North Sea wells.
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The asset combination is structured under Eni’s “satellite model,” which Eni has deployed successfully with similar upstream joint-venture deals in Norway and Angola. -
Independent producer divests interest in Buckskin field along with stakes in a pair of LLOG-led discoveries.
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Canadian independent sees divestment occurring in the first half of 2024, putting it out of the LNG business.
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The post-salt, heavy-oil fields will be developed in tandem tied back to an FPSO.
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The merged companies will emerge as a new company, Innovex International, increasing its global scale and footprint in growing markets.
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Ignis H2 Energy and Imeco Inter Sarana announced a strategic partnership to expedite geothermal development in Indonesia.
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Consortium suspends planned purchase of 50% stake in Israeli gas producer in light of ongoing military conflict in the region.
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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.
