Asset Management
As 50-50 joint venture partners in Arrow Energy, the operator of the Surat Gas Project, Shell and PetroChina will share the AUD 713 million (USD 501 million) cost of Phase 3.
The ultrasonic wellbore imaging firm is being taken over by Blackstone, the world's largest alternative asset manager.
New geothermal technical content and programming will highlight knowledge transfer among oil and gas and geothermal professionals.
-
After 4½ years out of service, the massive Wafra oil field is set to resume production soon, and ensuring a smooth restart is no small order. -
Wood will provide the FEED and design for the offshore project. First oil is anticipated in 2024.
-
In a scenario of accelerated international infection rates, the supply impact would quickly become more severe. If ongoing virus containment efforts prove unsuccessful, production operations at more producing assets in Southeast Asia and beyond could be directly affected.
-
Sumitomo Heavy Industries invested $46 million in Highview Power. SHI's subsidiary will also become the technology center and hub for Highview Power's CRYObattery business.
-
The first of three major unconventional developments in Saudi Arabia has been given the green light. The project will underpin the country's goal to become a top gas exporter by 2030.
-
Indonesia’s production of both oil and gas will most likely fall in 2020, a Rystad Energy analysis shows, despite the country’s official projections of a combined 8% growth year-on-year.
-
Suncor gets Canadian approval for Meadow Creek West.
-
Romgaz seeks 20% stake in ExxonMobil’s Neptun Deep project
-
Petrofac continues working relationship with UAE following contract awards for Dalma Gas Development project.
-
The Italian oil and gas company has found its second big well offshore Mexico and is setting its sights on several more in the near future.
