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 contractor will see the delivery of its first subsea production systems to Azule Energy. -
A flurry of activity has resulted in several long-term contract extensions.
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The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.
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The construction of the Calcasieu Pass 2 liquefied natural gas facilities in Cameron Parish is scheduled to start this year.
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The all-cash deal aims to strengthen the Italian supermajor's role as a key supplier of gas to European markets.
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The Black Sea is where Turkey shares maritime borders not only with Russia and Ukraine, but also with EU nations such as Romania. Its significance is evolving, both regionally and globally.
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Qatar’s newest partnership in the North Field East expansion project boosts China’s expected new deliveries of LNG by another 4 mpta.
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DJ Basin player enters the Permian Basin with a pair of asset purchases from private-equity vehicles.
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The 500-million bbl find in the Mexican Gulf is expected online in 2028.
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The US-based drilling contractor and well completions company will combine to form the second-biggest service company in North America.
