Asset Management
The deal includes Waygate’s inspection portfolios and is expected to close later this year.
An asset swap with PDVSA helps consolidate the supermajor’s heavy-oil operations in the country.
Co-owner Chevron confirmed the find at the Bandit prospect offshore Louisiana and suggested it may become a subsea tieback to existing faciltiies operated by Occidental Petroleum.
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The latest deal from Denver-based Civitas Resources brings its spending total this year to almost $7 billion. -
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ADNOC's Ruwais LNG to be one of the first all-electric-LNG facilities in the Middle East.
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Oxy’s 1PointFive subsidiary and ADNOC plan to assess the feasibility of building the first megaton-scale DAC facility outside of the US.
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Aker Solutions, SLB, and Subsea 7 have joined to create a subsea engineering firm to drive innovation and efficiency in subsea production.
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The work scope for the project runs through year-end 2027.
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The order builds on the expanded master equipment agreement between the companies for more than 100 mtpa of LNG.
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Well is estimated to have encountered as much as 35 million BOE.
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Two firms are using hydraulic fracturing to create high-pressure water reservoirs that can be turned on and off to meet electricity demand.
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Program will focus on finding more resources around Goliat and Johan Castberg through 2026.
