Management
The merger creates one of the largest oil-focused independents in the US with output of 526,000 BOE/D.
BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
SPE and The Open Group have signed a memorandum of understanding to advance collaboration and innovation in the global energy industry.
-
Production from the Sparta field is expected to start in 2028. -
A pilot project will explore onboard carbon capture for container ships, and two heavy-hitters are teaming up to find decarbonization paths in the Asia Pacific region. Elsewhere, wind and solar are on track to pass coal in the race to generate electricity.
-
The deal will quadruple Tokyo Gas' natural gas production volumes from the Haynesville Shale.
-
The Norwegian Sea discovery is the largest, undeveloped natural gas find on Norway’s Continental Shelf.
-
The operator also has increased its stake in the Kaikias field in the Mars basin.
-
Houston-based Occidental said that one reason it is buying private producer CrownRock is to gain more access to the deep, relatively untapped Barnett formation.
-
The deal is subject to Mexico Pacific taking a final investment decision on the proposed third train at the Saguaro Energia LNG Project on Mexico’s Pacific Coast.
-
The facility is destined for Equinor's Brazilian pre-salt development.
-
The combined firm aims to create a stronger and more diversified geophysical company and energy data provider.
-
The French company inked agreements at COP28 to share its newly developed CO2 and methane detection platform with NOCs in Brazil, Angola, and Azerbaijan.
