Management
The agreement follows the discovery of 724 million BOE in unconventional oil and gas reserves in November.
Westwood links 2026 exploration outcomes to policies, with operators offshore Norway finding seven times more resources than those offshore the UK.
The purchase includes approximately 260 producing wells and expands Caturus’ footprint in the Eagle Ford and Austin Chalk.
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There is a lot of talk these days about transitions. There are technology transitions going on. There are demographic and cultural transitions in the workforce and in society at large. But the one I want to focus on in this column is the so-called “energy transition.”
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PowerChina said railway plans are moving forward under Argentina’s current administration and China could provide the financing for the $1.2–1.5 billion project.
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The author of The Prize talked recently about his newest book on the energy transition and what he sees as the most dynamic forces shaping the things to come.
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The contract is for Equinor’s unmanned process platform at the Krafla field in the North Sea, with plans for tie-in to an Aker BP host platform in the North of Alvheim area.
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The research will focus on potential policy changes that could help increase oil and gas production from deepwater infrastructure already in place in the Gulf of Mexico to reduce stranded assets.
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One of North America’s biggest midstream companies is getting a new chief in the new year. He will oversee the construction of a 1,200-mile-long pipeline that has been a decade in the making.
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Saudi energy minister warns speculators not to bet against the OPEC+ alliance.
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Personnel are returning to platforms in the Gulf of Mexico after Hurricane Sally was downgraded to a tropical depression late Wednesday, but the threat of another major hurricane remains as a tropical storm may form in the Gulf of Mexico today.
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Seadrill is seeking options to restructure its $7.3-billion debt. The offshore driller previously emerged from Chapter 11 bankruptcy protection in 2018.
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The tech giant and supermajor have been working on cloud solutions already, but in a new agreement, they will combine their talents to create new technologies for oil and gas as well as energy consumers.