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.
-
A flurry of activity has resulted in several long-term contract extensions. -
The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.
-
The construction of the Calcasieu Pass 2 liquefied natural gas facilities in Cameron Parish is scheduled to start this year.
-
The all-cash deal aims to strengthen the Italian supermajor's role as a key supplier of gas to European markets.
-
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.
-
Qatar’s newest partnership in the North Field East expansion project boosts China’s expected new deliveries of LNG by another 4 mpta.
-
DJ Basin player enters the Permian Basin with a pair of asset purchases from private-equity vehicles.
-
The 500-million bbl find in the Mexican Gulf is expected online in 2028.
-
The US-based drilling contractor and well completions company will combine to form the second-biggest service company in North America.
-
A concurrent deal to sell off some of the acquired assets to Northern Oil and Gas will effectively lower the acquisition cost to $1 billion.
