Asset Management
Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion.
By acquiring 100% of Ventura’s outstanding shares, SED Energy Holdings would scale its business into a combined $1 billion company backed by a $1.3 billion contract backlog focused on deepwater drilling, shallow-water tender rigs, and seismic acquisition.
Shell is continuing to reshape its portfolio with the sale, which includes its interest in the BP-operated Na Kika platform and the Coulomb tieback.
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The deal hands Diversified nearly 500 gross operated wells producing 68,000 BOE/D. -
The deals, with a potential value exceeding $3.7 billion, are aimed at strengthening Saudi Aramco’s supply chains and expanding its use of industrial artificial intelligence.
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The supermajor expects output to double to about 600,000 B/D as a result of a new agreement with one of its joint ventures in Venezuela.
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Brownfield redevelopment and new exploration projects could lift Venezuelan output above 2 million B/D by next decade.
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Oil prices are high, but spending has not caught up—yet. Meanwhile, exploration strategies are changing around the world toward a lower-risk model, and the frenzied pace of US M&A has very much cooled off.
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This energy roundup highlights major global developments, including Western Australia’s approval of Woodside’s Browse gas project, TotalEnergies’ FID for Cyprus’ first gas development, and new oil and gas discoveries offshore Colombia, Namibia, and Angola. Read the latest updates on LNG projects, exploration successes, seismic surveys, and strategic upstream investmen…
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This guest editorial addresses the many capacities in which oil and gas technical professionals can play a role advancing the energy technologies of tomorrow.
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This case study outlines a full-scale testing program focused on the behavior of thermal casing connections subjected to severe bending and low-cycle fatigue loading.
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With millions of wells having been drilled in the US since the beginning of the oil age, the land is pocked with old, unused wellbores. For most, repurposing is a pipe dream. Plugging is the best option.
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The world produces vast volumes of carbon dioxide, and CO₂-EOR is one of the best-established techniques for increasing oil production. Despite this, its use remains limited because of economic, logistical, and operational challenges.
