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 London-listed supermajor says the latest project could help it deliver 30% of the UK's goal to reach 5 GW in hydrogen production capacity by 2030. -
Norwegian operator sells its nonoperated stake in the Corrib gas project
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Asset sale includes stakes in the Mariner and Culzean projects in the North Sea.
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An overview of methane emissions and the changes anticipated with the energy transition highlight resources available to SPE members and plans for cross-discipline initiatives.
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Oil-consuming nations announced a big push to drive down oil prices. Next week, it’s OPEC’s turn to respond to that move.
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Woodside and BHP make final investment decision on $12 billion offshore development and additional LNG train in Australia. The approval on Monday came at the same time the operators signed an agreement to merge BHP’s petroleum unit into Woodside, originally announced in August.
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The Abu Dhabi National Oil Company took four of the nine awards presented at the 2021 Abu Dhabi International Petroleum Exhibition and Conference.
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French major plans to spend $2 billion on the Libyan field to raise production to 100,000 B/D, and add solar power to the national grid.
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The auction was held as the result of a US district court order issued in June that overruled the Biden administration's attempt to suspend lease sales.
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SBM will supply the FPSO and TechnipFMC will supply more than 50 subsea trees and a dozen manifolds for the project offshore Guyana.
