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.
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The fresh investment will result in the manufacture of new drilling-related equipment to assist the national oil company in boosting production capacity. -
Companies join forces in carbon capture project near LNG facility.
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Collaboration seems to be the name of the game as a slew of companies get together to drive the energy transition. These companies are focusing on alternative sources of methane, new ways of making hydrogen, and new ways of keeping track of it all.
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JERA Americas will receive just over a quarter stake in the LNG exporter for $2.5 billion.
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The new production vessel will be installed at the state oil company’s Parque das Baleias complex.
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“Where is Shell based?” The answer to that is likely to get simpler very soon.
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Africa’s first floating LNG facility will be towed from South Korea to its new home on the Coral South project.
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Although offshore drilling demand is slowly getting better, headwinds remain.
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Norwegian oil firm chooses Aker, Sevan, TechnipFMC and others to continue studying $8-billion-plus Barents Sea development.
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The supermajor and service company that have long been partners on oil and gas projects said they are exploring new models to fit the energy transition. They also separately announced this week new plans to expand into the hydrogen market.
