Management
The purchase includes approximately 260 producing wells and expands Caturus’ footprint in the Eagle Ford and Austin Chalk.
The Granat prospect on the Norwegian Continental Shelf may be developed with a subsea tieback to existing infrastructure.
The asset sale to an undisclosed buyer includes 360,000 net acres in Oklahoma.
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Four licenses are awarded to seven oil companies as this round sees less interest than previous ones.
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The new field, which is tied back to the Na Kika platform, is expected to add over 20,000 B/D of new production at peak.
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The marine contractor will utilize its North Ocean 102 pipelay/lift vessel for the work at the Shenzi field.
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Norway appears to be taking a dual approach to energy transition. In its just-released energy white paper, the Norwegian government says it is committed to producing renewable energy and bolstering its power grid but isn’t willing to halt development of its oil and gas resources.
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India is on a global hunt to tap all colors of fossil fuel and renewables as the country prepares to overtake China as the world’s most populous nation.
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Bill Gates’ TerraPower teams with Warren Buffett’s PacifiCorp to demonstrate the viability of carbon-free SMRs in Wyoming.
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As electric vehicles make their move into the fast lane, the two high-profile companies are partnering to keep them on track.
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The Houston-based oil and gas producer says the latest transaction moves its divestment sum past $9 billion.
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Tourmaline Oil Corp. said it has agreed to buy smaller Canadian producer Black Swan Energy.
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IGU report highlighted pandemic-related delays that kept many international projects from coming on line in 2020.