Asset/portfolio management
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
The next wave of unconventional growth will likely come from basins in Argentina, the Middle East, Australia, and elsewhere, fueled by expertise gained from shale plays in North America.
The $5.1 billion ultradeepwater project is Angola’s first integrated cross-block development and sits at the top of Azule’s Southern African portfolio.
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A $700-million deal completes the operator's strategy to focus on its gas-rich developments in Pennsylvania and Louisiana. -
OMV’s discovery of a domestic gas resource coincides with its agreement to import LNG from BP to be regasified in Rotterdam, as Austria knits together a strategy to ensure its energy security.
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An Energy Industries Council survey of nearly 100 energy supply chain leaders finds that a lack of "consistent and profitable work in green projects" prompts a return to oil and gas projects.
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Petronas and Pertamina purchase 35% stake in offshore Indonesia parcel which contains the Abadi gas project.
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Public companies shoring up inventory leads to a shift in Permian asset ownership.
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The contract calls for Baker Hughes to supply equipment for three liquefaction trains for the project located in Brownsville, Texas.
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The contract awarded by MODEC is for the supply of gas technology equipment for installation on the project’s FPSO.
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Private-equity producer adds over 160,000 acres in Wyoming’s Powder River Basin oil play.
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The offering includes automatic evaluation of project economics and enhances collaboration to cut the time required for field development planning by up to 50%, according to the companies.
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The transaction is part of a broader strategy by Eni to reduce its oil portfolio in favor of natural gas.
