Business/economics
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.
The companies said they plan to start deploying digital twin technologies in Oman this year.
Egypt’s newest round of drilling agreements advances its quest to boost investment in mature fields to stop the freefall in gas production.
-
This paper presents an evaluation of the lithium potential of assets in the North Sea. -
Industry experts advocate for collaboration to develop and test technology that can reduce emissions without breaking the bank.
-
Viking Energy, the world’s first LNG-powered supply vessel, is set to become the world’s first ammonia-powered supply vessel.
-
Rig counts are down since 2023, but well productivity is marching forward.
-
The deal comes only weeks after the private equity firm purchased a natural gas-fired plant operator.
-
Cost concerns temper public appetite for clean energy while companies struggle to find investors for projects.
-
Shell moves its focus to other areas of the UK North Sea while ExxonMobil is making its final exit.
-
High prices for untapped drilling locations in the Permian Basin have sparked some new trends in the tight oil dealmaking space.
-
The acquisition marks a significant step forward in H&P’s international expansion strategy.
-
The Louisiana-based private producer is taking on more assets previously owned by Shell as it looks to secure its deepwater future.
