Business/economics
While often associated with smaller discoveries, subsea tiebacks are playing a growing role in contributing to the broader energy mix.
The Houston-based enhanced geothermal developer scored $1.9 billion in an initial public offering, positioning it to expand projects in Utah and Nevada.
Equinor generated its first revenue from the Adura joint venture with Shell, formed in late 2025, highlighting strong early cash flow from key UK fields including Mariner and Buzzard.
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The Norwegian oil company said it may spend more than $130 million to get in on the emerging lithium brine business in Texas and Arkansas. -
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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To ensure successful outcomes, it’s crucial to understand the battery itself, define objectives clearly, and analyze operational profiles thoroughly.
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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.
