Asset Management
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
The sale for $1.8 billion of Solenergi Power, the holding company for Sprng, which develops and operates solar and wind projects across India, follows other realignment actions by the supermajor.
The deal is the largest acquisition in Mitsubishi Corp.'s history and adds one of North America's leading shale gas assets to its portfolio.
-
This is Part 1 of a paper written by the Digital Transformation Subcommittee of SPE’s Digital Energy Technical Section on the importance of change management in digital transformation. -
Country had hoped to boost oil output and bring in much-needed revenues.
-
Mississippi land no longer up for grabs, as the fed continues to postpone or cancel the sale of public parcels.
-
The fire at the Terra Nova FPSO comes 6 months after C-NLOPB found Suncor noncompliant with regulatory requirements and suspended operations.
-
Petrofac’s well management contract comes nearly a month after IOG received approval for phase 1. The contract also follows an EPC contract awarded to Subsea 7 in May.
-
For years Canadian heavy-oil production exceeded the volumes pipelines could handle.
-
TGS, with the support of TGS’ Russian partner DMNG, has completed its second phase of processing in the Russian Sea of Okhotsk.
-
Construction on Mozambique LNG stopped in April due to COVID-19, but Total continues work on the project even amid a $12 Billion shortfall. Financing for the Mozambique LNG project follows engineering contracts awarded by Total in the past few months.
-
Brazil’s Petrobras has found oil in an exploratory well located in the Sudoeste de Tartaruga Verde block, in the Campos Basin.
-
No gas or commercial reservoirs have been found in the first-ever exploration well off Lebanon’s coast, according to Energy Minister Raymond Ghajar and the Total exploration firm.
