Asset Management
Sulzer and JSIL are teaming up to provide the service for oil and gas, power generation, and industrial operations.
The deal includes Waygate’s inspection portfolios and is expected to close later this year.
An asset swap with PDVSA helps consolidate the supermajor’s heavy-oil operations in the country.
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Diversified Energy announces its largest deal yet to buy private equity-owned Maverick Natural Resources. -
International majors showing new interest in Iraq as China scoops blocks in Baghdad’s most recent bid rounds.
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Located 230 km south of Abu Dhabi, the onshore Shah field produces around 70,000 B/D of crude.
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Wood Mackenzie reports that prices would need to rise, capital discipline would need to evolve, and spending would need to increase by 30% for the upstream sector to meet demand in a delayed energy transition scenario.
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By boosting gas supplies to Egypt’s home market, Cairo can return its focus to developing an LNG export hub.
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The Norwegian operator engaged BW Offshore and Altera Infrastructure to take a run at a development scheme for the project.
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The agreement aims to accelerate new commercial technologies that address challenges with geothermal development.
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A recent study highlights the major challenges the technology faces as operators consider the pros and cons of using additive manufactured parts in a corrosion-prone environment.
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This selection of cutting-edge articles spotlights how experimental concepts are now driving cost-saving strategies in unconventional development. It’s a reminder that innovation often comes from creative thinking, not just new tools or tech partnerships.
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Of the 53 licenses awarded, 33 are in the North Sea, 19 in the Norwegian Sea, and one in the Barents Sea.
