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 country’s state oil company has signed agreements with SLB and TotalEnergies to work on production. -
Enverus projects 2026 activity aimed at gaining access to gas along the Gulf coast and disaggregation of assets.
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Rystad Energy expects the continent to account for the largest share of frontier and basin-opening wells in 2026 as operators pursue scale and untapped resources.
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Big projects are expected to add oil and gas to the energy mix in some regions while maturing basins contribute to drops in other areas.
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The all-stock transaction will create one of the largest shale producers in the US, anchored by a major Delaware Basin position.
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Ongoing seismicity concerns and orphan well risks are pushing operators and regulators to explore alternatives for managing produced water.
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The agency also requests feedback related to interest in a possible minerals lease sale offshore Alaska.
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A final investment decision is also expected by the end of the year for the company’s first low-carbon data center project.
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Among the awards are contracts for four currently idle deepwater rigs.
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The deal targets increased investment and production from one of the country’s largest onshore developments.
