Management
Enverus analysts say limited development opportunities and lower oil prices restrained deal activity outside North America for a second consecutive year.
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
Members of the International Energy Agency said they would make available 400 million bbl from emergency reserves amid market disruptions.
-
Shell moves its focus to other areas of the UK North Sea while ExxonMobil is making its final exit. -
First oil is expected in 2029 from the development, which has a budget under $5 billion.
-
High prices for untapped drilling locations in the Permian Basin have sparked some new trends in the tight oil dealmaking space.
-
his paper presents research and application of a sustainable, low-density geopolymer alternative to Portland cement for cementing applications in low-temperature wells.
-
Aramco’s investment pivot to gas aims to propel Saudi Arabia into the top tier of gas producers and LNG players globally by 2030.
-
A new partnership aims to leverage technology developed for geothermal wells to create a new drilling system for complex offshore wells.
-
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.
-
Phase 2 of the fast-track project expected to quadruple output to 60,000 BOPD by year-end.
-
The acquisition marks a significant step forward in H&P’s international expansion strategy.
-
The company behind a 42-mile sand conveyor system is now leaning into autonomous vehicles for proppant logistics.
