Business/economics
Nitzana will enable Israel to double gas exports to Egypt from the giant Leviathan gas field in the Eastern Mediterranean.
Nearly 90% of investment since 2019 has gone to replacing lost production, with $570 billion in spending projected for 2025.
Months of due diligence and evaluation following proposed $18.7 billion deal results in no deal to purchase Australian operator.
-
Brazilian state oil company will charter two pipelay support vessels for 3 years plus options. -
After more than 2 decades of talk, multiple millions of dollars in investments, and a decade’s worth of joint industry projects, operators are starting to get on board with electrification as the base case for subsea solutions.
-
A well-pattern-design work flow proved able to identify substantially better patterns than the traditional approach for a giant mature field.
-
Recent history has taught the unconventional sector that overly optimistic production forecasts can backfire. Going forward, one solution may be to combine financial and subsurface models to better communicate expectations.
-
The Biden administration has appealed a district court decision to restart oil and gas leasing programs in the US.
-
The energy transition was present but not at center stage at recent earnings calls as majors celebrated their improving financial performance.
-
The three service operations vessels are committed under a long-term contract at the Dogger Bank wind farm offshore UK.
-
The US military and the Group of Seven leading industrialized nations accused Iran of being behind a deadly attack on an oil tanker in the Arabian Sea.
-
The megadeal will make Woodside a Top 10 independent global oil and gas producer with annual volumes of approximately 200 million BOE.
-
A trio of service companies will serve as proposed “stalking horse” bidders in the court-supervised sale process, which will be facilitated through Chapter 11 filing.
