Management
The $1.3-billion deal targets DJ Basin assets producing 35,000 BOEPD, and Japex aims to increase that output to 50,000 BOEPD around 2030.
The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anti-corruption efforts for the 2025 Licensing Round, which began on 1 December.
The latest corporate plan drops the amount the company says it will invest in low-carbon efforts by $10 billion from last year’s plan.
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The operator estimates discovering more than 96 million BOE of recoverable volumes with its latest Norwegian North Sea exploration activity.
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The fifth edition of the SPE Europe Energy GeoHackathon, beginning on 1 October, focuses on how data science can advance geothermal energy and drive the energy transition.
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The new schedule plans for sales in the US Gulf and Alaska through 2039.
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NewMed has targeted the fourth quarter of 2025 to declare a final investment decision (FID) on Phase 1B of the Chevron-operated Leviathan gas project expansion after striking Israel’s largest ever gas export deal.
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TotalEnergies, Global Infrastructure Partners, and NextDecade divvy up Train 4 stakes ahead of an expected FID in September.
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The Japanese company ratcheted up the competitive nature of contracting for a floating production, storage, and offloading vessel and an onshore liquefied natural gas plant for the Abadi project by announcing dual front-end engineering design (FEED) contracts.
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Deepwater Yellowtail project, onstream 4 months ahead of schedule, is expected to produce an average of 250,000 BOPD.
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The collection of undeveloped blocks includes 59 located in Nigeria's deep water.
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Azule’s new FPSO is the first in the world to feature a pilot carbon capture and storage unit that sequesters CO₂ from onboard gas-turbine exhaust.
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The deal follows Blackstone’s recent moves in gas-fired power and a pipeline venture with top US gas producer.