Management
A new Eni-Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
The merger creates one of the largest oil-focused independents in the US with output of 526,000 BOE/D.
BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
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After another year of significant consolidation in the US shale sector, Enverus has released its annual list of the nation's largest private exploration companies. -
Startup work at Shell’s North Sea redevelopment project is on track to commence later this year.
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The initial well is being reviewed along with other discoveries in the area for possible joint development.
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Gas production from the field will be supplied to both the local market and the Nigeria LNG plant.
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Supermajor expands its global LNG footprint in a deal that will grow its presence in Asia and Europe.
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The EPCI contract will see a new water-injection pipeline added to the complex.
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The shallow-water find will be developed using two new platforms, export pipeline with a first-oil target in late 2025.
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Woodside Energy’s deepwater Sangomar field offshore Senegal has reached first oil, and company CEO Meg O’Neill called the reservoir quality “very, very close” to pre-drill predictions.
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The contractor will have 3 years to conduct front-end engineering and design for the initial phase of the project.
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The Dallas-based tight oil producer will gain 33,500 acres and approximately 25,500 BOE/D from the latest deal to reshape the US shale sector.
