Management
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check.
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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.
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The construction of the Calcasieu Pass 2 liquefied natural gas facilities in Cameron Parish is scheduled to start this year.
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The all-cash deal aims to strengthen the Italian supermajor's role as a key supplier of gas to European markets.
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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.
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Putting into action an agreement signed in 2022, the companies will collaborate on the project to test the emerging technology for producing geothermal energy.
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Qatar’s newest partnership in the North Field East expansion project boosts China’s expected new deliveries of LNG by another 4 mpta.
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DJ Basin player enters the Permian Basin with a pair of asset purchases from private-equity vehicles.
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The 500-million bbl find in the Mexican Gulf is expected online in 2028.
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The US-based drilling contractor and well completions company will combine to form the second-biggest service company in North America.
