Business/economics
The Göktepe-3 discovery boosts Turkey’s gas reserve estimates by 10%, supporting Ankara’s ambitions to become a regional gas export hub.
Aramco’s latest MOUs focus on driving innovation and growth across oil, gas, and downstream sectors.
Strathcona doubles down on heavy oil—sells Montney assets for nearly CAD 3 billion, grabs Canada’s top crude-by-rail hub, and sets sights on MEG Energy in bold growth move.
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The supermajor will gain a 60% working interest and assume operatorship in the AREA OFF-1 block.
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With its North Field development project in full swing to the south and east, Qatar is now turning west to supercharge its plan to raise LNG production by almost 85% before 2030.
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The largest project to date will add a capacity of 250,000 B/D starting in 2025.
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Houston-based Chord is set to see its daily output increase to a basin-leading average of 287,000 BOE/D.
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An analysis from the Energy Workforce & Technology Council found that the sector's job availability for January 2024 decreased by 0.6% compared with December 2023.
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BP will offer up development concessions while ADNOC will provide cash for growth opportunities.
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Sales price will be linked to the Japan Korea Marker for a 20-year period.
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Long the subject of rumored deals, Endeavor Energy is being snapped up at last in a deal valued at $26 billion.
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The company looks to focus its efforts on getting phase one of its Driftwood LNG up and running by shedding Haynesville acreage.
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Longtime JPT Technology Editor Dennis Denney discusses his career at SPE and the development of the magazine’s Technology Focus feature.