Asset Management
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.
The sale for $1.8 billion of Solenergi Power, the holding company for Sprng, which develops and operates solar and wind projects across India, follows other realignment actions by the supermajor.
-
The acquisition will expand Talos’s deepwater US Gulf of Mexico footprint and increase annual production by an estimated 30,000 BOE/D. -
Two of the most established US independents are combining to form a natural gas powerhouse that will be given a new name later this year.
-
The 100 million BOE-plus find will be tied back to the Heidelberg spar.
-
Startup company LongPath Technologies has received conditional federal financing to install 1,000 methane detection towers spanning multiple US states.
-
The Ksi Lisims floating LNG facility is planned to be the world's lowest emission-intensity LNG facility and net-zero ready by 2030.
-
The project aims at boosting India’s domestic oil production by 11% and gas production by 15%.
-
The project’s revised development plan now incorporates a carbon capture facility.
-
Angola leaves OPEC after 16 years to leverage its oil resources for economic growth.
-
Woodside Energy's Trion field offshore Mexico features a four-column semisubmersible FPU with a production capacity of 100,000 BOPD.
-
Houston-based independents will combine to form a company with a production total above 500,000 BOE/D and valued at $21 billion.
