Business/economics
Months of due diligence and evaluation following proposed $18.7 billion deal results in no deal to purchase Australian operator.
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.
-
In recent weeks, we have seen headlines heralding the surge in M&A activity in the US shale sector. While the large figures might grab the headlines, the path to realizing these synergies on a company's P&L is littered with operational and supply chain challenges. -
The robot company said it plans to integrate 3D at Depth’s LiDAR inspection technology after the all-stock acquisition.
-
French supermajor sells its pair of oil sands assets to focus capital on its oil and gas assets with low breakeven.
-
The latest deal from Denver-based Civitas Resources brings its spending total this year to almost $7 billion.
-
ADNOC's Ruwais LNG to be one of the first all-electric-LNG facilities in the Middle East.
-
Aker Solutions, SLB, and Subsea 7 have joined to create a subsea engineering firm to drive innovation and efficiency in subsea production.
-
The work scope for the project runs through year-end 2027.
-
While many expect oil and natural gas to retain their roles in the energy mix of 2050, the more significant question should not only be on how much oil and gas will be needed but from where the world will find it.
-
The Biden Administration plans for a maximum of three lease sales in the Gulf of Mexico from 2024 to 2029.
-
The company is set to supply offshore well services and subsea systems for Vår Energi-operated fields on the Norwegian Continental Shelf.
