Asset Management
With a strong presence across US shale in the Bakken, Anadarko Basin, Powder River Basin, and the Permian, Continental Resources is expanding into Argentina’s Vaca Muerta shale as the privately held E&P giant pursues international growth.
Equinor, Aker BP, and Vår Energi will combine resources and expertise to pursue some of the largest remaining exploration opportunities on the Norwegian Continental Shelf.
Applications are now open for the OTC Spotlight on New Technology Awards, the offshore energy sector's leading innovation honors. Recognizing technologies that advance operational efficiency, sustainability, and performance, the awards spotlight game-changing solutions from OTC exhibitors. Submit your entry and supporting documents by 28 January 2027.
-
The world's two largest oilfield service outfits are riding a wave a renewed upstream spending while Baker Hughes posted its second straight quarterly loss. -
Whether its onshore or offshore, China is OK with drilling deeper to secure new gas reserves.
-
In following some of the upstream industry's other big firms, the legacy oilfield service company believes the time for a change has come.
-
Billionaire-founder boosts his original offer made in June to secure the deal.
-
ADNOC is hiring more jackup drilling rigs to boost offshore production of its more carbon-friendly brand of crude.
-
Ben van Beurden said quitting was impossible because the Netherlands was dependent on Groningen gas.
-
M&A market activity in the third quarter delivered the best showing of 2022 despite price volatility and a dearth of deals in the prolific Permian Basin.
-
The Permian Basin operator said the purchase translates to more than a decade of additional inventory.
-
Occidental Petroleum is considered one of the upstream industry’s most dynamic companies after making major investments to boost oil and gas production while also scaling up low-carbon technologies.
-
The reduction is the largest OPEC+ has made since April 2020, but it may translate to a cut of only 1.1 million B/D because of underproducing members.
