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.
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From its origins running just a few light bulbs in Tuscany in 1904 to supporting baseloads on national power grids today, geothermal power generation has been driven by technological advancements. Many of these advancements stem from oil and gas exploration and production efforts. -
The award comes as a contract release purchase order under a long-term agreement that simplifies ongoing efforts to maintain mature field production in Saudi Arabia.
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With the Vaca Muerta home to some of the world’s most-productive wells, and the Permian still going strong, if increasingly gassier, Rystad sees shale as resilient.
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Changgui Xu will receive the 2026 Individual Distinguished Award, and CNOOC will receive the 2026 Institutional Distinguished Award.
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Wafik Beydoun will receive the 2026 Individual Distinguished Award, and Brava Energia will receive the 2026 Institutional Award.
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US EIA data show exports rising from 0.5 Bcf/D in 2016 to 15 Bcf/D in 2025, positioning the US as the world’s largest LNG exporter with further capacity growth expected next year.
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The agreement follows the discovery of 724 million BOE in unconventional oil and gas reserves in November.
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Westwood links 2026 exploration outcomes to policies, with operators offshore Norway finding seven times more resources than those offshore the UK.
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The purchase includes approximately 260 producing wells and expands Caturus’ footprint in the Eagle Ford and Austin Chalk.
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The Granat prospect on the Norwegian Continental Shelf may be developed with a subsea tieback to existing infrastructure.
