Asset/portfolio management
With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
Transaction adds 90,000 net acres and 68,000 BOE/D of production as Crescent expands its South Texas footprint.
The deal adds 40,000 B/D of production and expands Cenovus’ SAGD footprint with three Alberta assets.
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The sale is subject to the closing of the acquisition by BW Energy of the 100% operating working interest in the Golfinho field from Petrobras. -
ExxonMobil's departure leaves BP and Shell as the last international oil companies in Iraq.
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The UK supermajor is selling off its Sunrise oil sands stake for cash, interest in the undeveloped Bay du Nord complex off Newfoundland.
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Shell’s revised Jackdaw development plan has been approved by regulators who had rejected its original plan last year.
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The new, larger vessels are all part of the UAE’s ambitious LNG expansion plans, which also include a new plant in Fujairah.
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The project partners and government came together to salvage the stalled East Canada offshore project now due to produce first oil in 2026.
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The Internet of Things company plans to broaden its reach into the oil and gas industry with its acquisition of Hiber.
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The US has extended Chevron’s waiver to maintain its assets in sanctioned Venezuela through the end of November 2022 under the same limited terms as the previous extension.
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The exit comes after Equinor's presence of more than 30 years with the transfer of its interests in joint ventures to Rosneft and its stake in the Kharyaga PSA to operator Zarubezhneftegaz.
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The Barents Sea is the gift that keeps on giving for Equnior which has made its 10th sizeable discovery within the same license area.
