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Located along the North Sea, the Humber is expected to play a central role in the UK’s effort to achieve a net-zero emissions status by 2050.
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
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Oil giant looks to shed Canadian tight-oil assets as it moves to wrap up merger with rival Hess. -
Honda Motors invests in fusion in hopes of finding ways to recharge EVs at scale.
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At more than $140 billion, M&A market activity in the fourth quarter delivered the best showing of the year.
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The Offshore Technology Conference has announced the recipients of the 2024 Distinguished Achievement Awards.
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The operator was the successful bidder on former shallow-water assets of Cox Oil, Energy XXI, and others.
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In its 2024 outlook, Enverus expects 3-mile-long lateral sections to become a new normal in the Permian and suggests the budding geothermal and lithium arenas may be the real deal.
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The contractor was tapped by Offshore Frontier Solutions to provide electrical systems and associated digital solutions for ExxonMobil’s fifth FPSO in the region.
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Bakken oil production surprised on the upside showing it can grow, but an encore is not expected this year.
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The former company CFO has been acting as interim CEO since September 2023.
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The contractor will be responsible for both pipeline and platform installation related to Petronas’ ambitious CCS project offshore Sarawak.
