Business/economics
War-related damage to oil and gas facilities is expected to disrupt global supply chains for years, as backlogs for critical equipment continue to grow, Rystad Energy reports.
TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.
ExxonMobil's Jason Gahr uses the five stages of grief to explain how the upstream industry should respond to the rise of AI.
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To ensure successful outcomes, it’s crucial to understand the battery itself, define objectives clearly, and analyze operational profiles thoroughly. -
Losing drill-hungry independent and private companies in the region to robust M&A will mean an activity slowdown that is expected to impact volumes coming from the nation’s largest oil field.
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New round covers 41 parcels across almost 10.3 million hectares off Newfoundland and Labrador
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The Midland-based service company operates a fleet that is now 65% either dual-fuel or electric-powered.
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The 18 vessels CSSC will build for QatarEnergy will be the largest LNG vessels in service.
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The second major deal in the US proppant industry this year will see US Silica go forward as a private company.
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The asset combination is structured under Eni’s “satellite model,” which Eni has deployed successfully with similar upstream joint-venture deals in Norway and Angola.
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The US upstream sector began 2024 with $51 billion in mergers and acquisitions though Enverus outlines why the dealmaking may slow down.
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Kampala is drawing now on international experience to sidestep the “oil curse” before first crude flows from its Lake Albert developments.
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The new vessels bring QatarEnergy’s fleet to 104 as the company ramps up production with its North Field expansion.
