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.
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Automated workflow unifies geological, completion, and production data to inform speedier, better investment decisions for nonoperated assets. -
As Azerbaijan prepares to host COP29, JPT looks back at how the country prospered for millennia on its largess of oil and gas and its unique geography along the ancient Silk Road that today is traversed by pipelines delivering gas and oil to Europe from the depths of the Caspian Sea.
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By acquiring Eni’s two producing shallow-water assets, Hilcorp will become the largest offshore oil producer on Alaska’s North Slope.
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The acquisition underscores the rapid rise of the unconventional oil play in northeastern Utah that producers claim offers better margins than the Permian Basin.
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The project's floating LNG facility will be installed in the traditional territory of the Haisla Nation on Canada’s West Coast.
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After another year of significant consolidation in the US shale sector, Enverus has released its annual list of the nation's largest private exploration companies.
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Supermajor expands its global LNG footprint in a deal that will grow its presence in Asia and Europe.
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The Dallas-based tight oil producer will gain 33,500 acres and approximately 25,500 BOE/D from the latest deal to reshape the US shale sector.
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The two Houston area-based companies have struck an agreement valued at almost $1.6 billion.
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An economic analysis of a wellbore methodology in natural gas fields that uses gasification of methane within the wellbore (not within the reservoir) for hydrogen production while incorporating simultaneous sequestration of carbon. This new methodology offers significant energy and cost savings in addition to zero carbon being produced to the surface.
