Asset Management
Five agreements target more than 11 Tcf of offshore gas and include flare-reduction technology.
Disputes over tanker fees and the ongoing military operation in Lebanon represent potential fault lines for the tentative peace deal.
ExxonMobil and QatarEnergy’s MoU with Cairo to monetize Cyprus’ offshore Glaucus and Pegasus natural gas supports Egypt’s strategy to become the Eastern Mediterranean’s leading gas processing and LNG export hub.
-
First oil is expected from Phase 1 of the project in 2028, with up to four more phases planned. -
The Gorgon Phase 3 project aims to counter declining reservoir pressure to sustain gas supplies to Western Australia’s domestic market and support LNG exports to Asia.
-
The Denver-headquartered shale producer will become a pure-play operator of the Marcellus Shale in West Virginia.
-
The $100-billion project is widely considered the largest unconventional development outside of the US and is noted by Aramco as the largest nonassociated gas development in the kingdom.
-
Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
-
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
-
Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
-
Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check.
-
Technology developers expect the tight-oil industry to give lightweight proppants another look after the Permian Basin’s biggest operator becomes an adopter.
-
Alaskan oil is entering a renaissance driven by a predicted 13% upswing in 2026 production, the largest since the 1980s, and a possible reboot of LNG exports to Asia from the Kenai Peninsula, supplied via pipeline from the North Slope.
