Business/economics
EY reports an 11% decline in reserve additions and the first sub-100% reserve replacement ratio since 2021, even as crude output climbed.
Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion.
By acquiring 100% of Ventura’s outstanding shares, SED Energy Holdings would scale its business into a combined $1 billion company backed by a $1.3 billion contract backlog focused on deepwater drilling, shallow-water tender rigs, and seismic acquisition.
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The deal offers bolt-on acquisition to the operator’s Kern County, California, operations. -
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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The US-based drilling contractor is buying the drilling technology company just three weeks after announcing a merger with NexTier Oilfield Solutions.
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You don’t have to choose between what’s good for the business and what’s good for employees in the quest to drive productivity and profits. What you need is to invest in employee engagement.
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This study catalogs global gas/oil ratio data to identify currently produced light crude oils that could be rendered carbon neutral through the direct-air-capture mechanism.
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Leading energy technology companies unite to unlock efficiencies and increase reserve recoveries using digital advances.
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A new report said the US supermajor has made its second move in a month to enter the emerging lithium extraction industry.
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The transaction is part of a broader strategy by Eni to reduce its oil portfolio in favor of natural gas.
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The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.
