Asset Management
Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil&Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
Operators aren’t rushing to drill, even as the closure of the Strait of Hormuz drives oil prices up.
The following three papers show challenges and potential solutions across various stages of the deepwater well-development cycle from a variety of deepwater basins across the world.
-
The latest acquisition strengthens Cenovus Energy’s position as Canada’s largest SAGD producer. -
Contractor realizes big gains on divestment of business unit owned less than a year.
-
The initial phase of the carbon capture and storage project has a capacity of 1.5 million tonnes per year, with a second phase—due online in 2028—expected to bring the storage capacity to 5 million tonnes per year.
-
The operator estimates discovering more than 96 million BOE of recoverable volumes with its latest Norwegian North Sea exploration activity.
-
The fifth edition of the SPE Europe Energy GeoHackathon, beginning on 1 October, focuses on how data science can advance geothermal energy and drive the energy transition.
-
The new schedule plans for sales in the US Gulf and Alaska through 2039.
-
NewMed has targeted the fourth quarter of 2025 to declare a final investment decision (FID) on Phase 1B of the Chevron-operated Leviathan gas project expansion after striking Israel’s largest ever gas export deal.
-
TotalEnergies, Global Infrastructure Partners, and NextDecade divvy up Train 4 stakes ahead of an expected FID in September.
-
The Japanese company ratcheted up the competitive nature of contracting for a floating production, storage, and offloading vessel and an onshore liquefied natural gas plant for the Abadi project by announcing dual front-end engineering design (FEED) contracts.
-
Deepwater Yellowtail project, onstream 4 months ahead of schedule, is expected to produce an average of 250,000 BOPD.
