Asset Management
The Offshore Technology Conference will honor the winners of the 2026 Spotlight on New Technology Award on Monday, 4 May, at NRG Center in Houston. Seventeen groundbreaking innovations, from AI-powered geotechnics and autonomous well construction to next-generation subsea systems and drilling intelligence, demonstrate how bold ideas are translating into real-world gai…
Under the agreement, Trafigura will pay Gabon $1 billion for future crude export deliveries over 7 years.
The country’s foreign investment bid comes as Sonatrach launches its largest capital expenditure outlay—$60 billion to be spent from 2026 to 2030.
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Wood will provide the FEED and design for the offshore project. First oil is anticipated in 2024. -
In a scenario of accelerated international infection rates, the supply impact would quickly become more severe. If ongoing virus containment efforts prove unsuccessful, production operations at more producing assets in Southeast Asia and beyond could be directly affected.
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Sumitomo Heavy Industries invested $46 million in Highview Power. SHI's subsidiary will also become the technology center and hub for Highview Power's CRYObattery business.
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The first of three major unconventional developments in Saudi Arabia has been given the green light. The project will underpin the country's goal to become a top gas exporter by 2030.
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Indonesia’s production of both oil and gas will most likely fall in 2020, a Rystad Energy analysis shows, despite the country’s official projections of a combined 8% growth year-on-year.
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Suncor gets Canadian approval for Meadow Creek West.
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Romgaz seeks 20% stake in ExxonMobil’s Neptun Deep project
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Petrofac continues working relationship with UAE following contract awards for Dalma Gas Development project.
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The Italian oil and gas company has found its second big well offshore Mexico and is setting its sights on several more in the near future.
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The provider of subscription-based analytics services for the North American oil and gas sector continues its streak of purchasing data-focused firms.
