Asset Management
With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
Despite significant progress in capturing associated gas for domestic use, Iraq remains the world’s third-largest gas-flaring country as it aims for higher oil and gas production targets.
Transaction adds 90,000 net acres and 68,000 BOE/D of production as Crescent expands its South Texas footprint.
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The award follows BP’s participation in a limited bid round held in 2021. -
The partnership of Subsea 7 and Flasc has a plan to use out-of-service pipelines as pressure vessels in a hydro-pneumatic energy storage concept.
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New awards and extensions to previous work are valued at almost $500 million.
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The assumption of lower emissions from natural gas only holds true when the methane leaks and flaring are addressed. Mitigation of methane emissions offers an opportunity for the oil and gas industry to drastically reduce overall emissions that are typically reported on a CO2-equivalent basis. Some producers opt to showcase their good performance via voluntary certifi…
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The license covers exploration and development of area fields for next 27 years.
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Europe is providing a stark look at the vagaries of geo- and energy politics and how quickly complacency can be shattered. Will its lessons learned be heeded by the rest of the world?
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The former North Platte discovery gets new owner, new name
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The rural Weld County projects total almost 100 new wells in the Wattenberg.
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The well plan follows a memorandum of understanding covering natural gas cooperation in the region.
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The French producer has taken final investment decision on the deepwater Begonia field, plus natural gas and solar developments.
