Asset Management
The sale of Woodside’s Calypso stake to BP completes the company’s withdrawal from Trinidad and Tobago after decades of operations in the country.
ExxonMobil’s Letter of Intent to begin preliminary engineering and procurement work for Mozambique’s Rovuma LNG project bridges the development to a final EPC contract, which Area 4 partners are expected to award following an FID anticipated by year-end 2026.
Sixteen companies submitted 69 bids worth $99.5 million in the Big Beautiful Gulf 3 sale.
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Analysis from Wood Mackenzie warns that a prolonged closure of the critical waterway would have lasting effects on the global economy and Middle East supply capacity. -
Caturus Energy’s platform integrates upstream assets from the Haynesville and East Texas basins with downstream liquefaction and export terminal facilities on Louisiana’s Gulf Coast.
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After a decade and a half of declining production, Uzbekistan, ranked 15th worldwide in gas output, has been seeking foreign partners to revive and reverse the fortunes of its oil and gas industry.
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While often associated with smaller discoveries, subsea tiebacks are playing a growing role in contributing to the broader energy mix.
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The Houston-based enhanced geothermal developer scored $1.9 billion in an initial public offering, positioning it to expand projects in Utah and Nevada.
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Working with Dell Technologies and NVIDIA, the French supermajor is targeting improved seismic processing and artificial intelligence applications.
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Equinor generated its first revenue from the Adura joint venture with Shell, formed in late 2025, highlighting strong early cash flow from key UK fields including Mariner and Buzzard.
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Acting director of the new center Ale Hakala outlines the research priorities guiding the newly established center’s focus on production enhancement technologies.
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AI‑driven data center growth is straining US power grids and accelerating interest in enhanced geothermal systems as a scalable, low‑carbon solution.
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The acquisition establishes a unified North American upstream analytical data set with the goal of streamlining capital allocation decisions.
