Asset Management
With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
Despite significant progress in capturing associated gas for domestic use, Iraq remains the world’s third-largest gas-flaring country as it aims for higher oil and gas production targets.
Transaction adds 90,000 net acres and 68,000 BOE/D of production as Crescent expands its South Texas footprint.
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In a new TEDx Talk, Scott Tinker, director of the Bureau of Economic Geology, explains the energy-environment challenge facing a world in transition.
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Zachry Industrial highlights the benefits of using advanced modeling to plan the construction to update the $10 billion Golden Pass LNG from an import terminal to an import/export terminal, connecting thousands of project participants during COVID-19 lockdowns.
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With global crude prices trading steadily above $100/bbl since March, the world's largest oil company is now the largest company, period.
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The three US lease auctions were the last planned under the current 5-year federal leasing plan.
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The two companies will focus on carbon capture technology along with carbon utilization and hydrogen production.
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Senior Vice President Starlee Sykes told an audience at the Offshore Technology Conference that low-carbon barrels from the company's domestic offshore portfolio will help fund its transition plans.
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ExxonMobil has declared force majeure on its Sakhalin-1 operations in the Russian Far East as risk-averse shippers fearing sanctions refuse to transport Sakhalin crude and production starts to fall.
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Technical advancements and innovative solutions have played a key role in the successful journey of sustainability of deepwater developments. These concepts will remain a catalyst for these assets for the next decades, provided the availability of appropriate resources and executive vision.
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The Glaucus-2 well confirms the existence of a multi-TCF gas field.
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Satellite discovery will likely be tied back to one of the Troll platforms.