Management
Big projects are expected to add oil and gas to the energy mix in some regions while maturing basins contribute to drops in other areas.
Rystad Energy expects the continent to account for the largest share of frontier and basin-opening wells in 2026 as operators pursue scale and untapped resources.
The all-stock transaction will create one of the largest shale producers in the US, anchored by a major Delaware Basin position.
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The operator will utilize drillship Deepwater Invictus for both development and exploration drilling under a 3-year pact. -
Shell moves its focus to other areas of the UK North Sea while ExxonMobil is making its final exit.
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First oil is expected in 2029 from the development, which has a budget under $5 billion.
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High prices for untapped drilling locations in the Permian Basin have sparked some new trends in the tight oil dealmaking space.
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his paper presents research and application of a sustainable, low-density geopolymer alternative to Portland cement for cementing applications in low-temperature wells.
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Aramco’s investment pivot to gas aims to propel Saudi Arabia into the top tier of gas producers and LNG players globally by 2030.
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A new partnership aims to leverage technology developed for geothermal wells to create a new drilling system for complex offshore wells.
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Phase 2 of the fast-track project expected to quadruple output to 60,000 BOPD by year-end.
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Inpex’s investments in wind, solar, and battery storage through 2030 will also support decarbonization at the Ichthys natural gas and LNG project in northern Australia.
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The acquisition marks a significant step forward in H&P’s international expansion strategy.
