Asset Management
ExxonMobil will retain its equity stakes in ongoing Bass Strait projects even as it hands off its operatorship responsibilities to Woodside Energy.
While Uzbekistan has seen a significant drop in flaring, methane leaks from deteriorating infrastructure continue to reveal themselves to satellites in space.
Technology and partnerships remain important, while phased approaches may supplant lengthy appraisal programs, experts said during CERAWeek.
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The operator will move forward with its multibillion-dollar Northern Hub project while planning for additional exploration drilling in the region. -
Rig counts are down since 2023, but well productivity is marching forward.
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The industry is balancing brains and bots as it squeezes out barrels of oil production.
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The deal comes only weeks after the private equity firm purchased a natural gas-fired plant operator.
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At peak, annual production from the two fields offshore Italy is expected to reach 1.5 Bcm.
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Cost concerns temper public appetite for clean energy while companies struggle to find investors for projects.
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Partners in Arrow Energy, Shell, and PetroChina expect to drill 2,500 new gas wells over 27 years to feed the Queensland Curtis LNG plant.
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Transition requires action, not perfect technology, but challenges remain around scalability, cost, and revenues.
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ConocoPhillips’ CEO Ryan Lance sees a future for petroleum engineers as the energy mix expands.
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China's biggest offshore company is looking to open a new frontier with shallow reservoirs found in the deep water of the South China Sea.
