Management
The award comes as a contract release purchase order under a long-term agreement that simplifies ongoing efforts to maintain mature field production in Saudi Arabia.
With the Vaca Muerta home to some of the world’s most-productive wells, and the Permian still going strong, if increasingly gassier, Rystad sees shale as resilient.
Changgui Xu will receive the 2026 Individual Distinguished Award, and CNOOC will receive the 2026 Institutional Distinguished Award.
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These most recent deals bring the services company's divestiture total to $1 billion over the past 1 1/2 years. -
Opponents of Colorado’s New Oil and Gas Regulation Law Won’t Try To Repeal It—at Least Not This YearOpponents had planned to ask voters in November 2019 to repeal and replace the law, but the Colorado secretary of state's office has rejected four versions of their proposed ballot initiative.
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Equinor increases its stake in the Njord redevelopment project as part of the agreement, while Faroe gains Equinor's stakes in four Norwegian Sea and North Sea fields.
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The deal will bolster Arabian Drilling Company’s fleet to 67 rigs across the Middle East and North Africa.
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The pact, which builds on the firms’ current partnership on the Buckskin project, covers four Keathley Canyon blocks including the Leon and Moccasin discoveries.
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In the shale oil business, cash flow is a life or death issue. For smaller players, money from investors and lenders is getting harder to find.
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Equinor has agreed to align its business model with the goals of the 2015 Paris climate accord and will review its corporate lobbying policy and the carbon intensity of its products, the company said. It will also link executive pay to climate-related targets.
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The explorer has so far encountered 400 ft of reservoir pay zone in an area where it has three other producing fields.
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Keen on Anadarko for a while, Occidental Petroleum is ready to do battle with Chevron for the big independent.
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The web-based interactive tool provides users specialized “ocean neighborhood analyses,” including maps and graphics by analyzing more than 100 ocean datasets instantaneously.
