Asset Management
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
A credible custody-transfer record depends on far more than the accuracy of a single meter. It is the product of an integrated measurement chain. While meter performance supports measurement-system integrity, commercial confidence also depends on traceability, governance, and authorization.
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After 4½ years out of service, the massive Wafra oil field is set to resume production soon, and ensuring a smooth restart is no small order. -
This paper demonstrates how maintaining investment in high-quality 3D seismic during the last downturn, together with selective exploration, quality geoscience, application of new technologies, and efficiently maturing discoveries to early cash flow, was successful in sustaining future production.
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Wood will provide the FEED and design for the offshore project. First oil is anticipated in 2024.
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In a scenario of accelerated international infection rates, the supply impact would quickly become more severe. If ongoing virus containment efforts prove unsuccessful, production operations at more producing assets in Southeast Asia and beyond could be directly affected.
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Sumitomo Heavy Industries invested $46 million in Highview Power. SHI's subsidiary will also become the technology center and hub for Highview Power's CRYObattery business.
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The first of three major unconventional developments in Saudi Arabia has been given the green light. The project will underpin the country's goal to become a top gas exporter by 2030.
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Indonesia’s production of both oil and gas will most likely fall in 2020, a Rystad Energy analysis shows, despite the country’s official projections of a combined 8% growth year-on-year.
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Suncor gets Canadian approval for Meadow Creek West.
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Romgaz seeks 20% stake in ExxonMobil’s Neptun Deep project
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Petrofac continues working relationship with UAE following contract awards for Dalma Gas Development project.
