Asset Management
High-risk, high-reward projects focused on stimulation, enhanced recovery, and field-scale deployment are eligible under the DOE’s new UNLOCK initiative.
Industry forecasts point to increasing upstream expenditure and production, even as geopolitical volatility and smaller discoveries challenge project economics.
The Norwegian operators will collaborate on technology development, standardization, and well-stimulation solutions aimed at making tight oil and gas resources commercially viable in the NCS.
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As electric vehicles make their move into the fast lane, the two high-profile companies are partnering to keep them on track. -
The Houston-based oil and gas producer says the latest transaction moves its divestment sum past $9 billion.
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Tourmaline Oil Corp. said it has agreed to buy smaller Canadian producer Black Swan Energy.
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IGU report highlighted pandemic-related delays that kept many international projects from coming on line in 2020.
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The latest success for the ExxonMobil-led consortium is also adding drillships to support a 15-well campaign in the Stabroek Block.
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The producers operate conventional and unconventional assets across the US Lower 48 and produced a combined 111,000 BOE/D in the first quarter of 2021.
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The all-stock transaction is expected to bolster the newly created operator's production profile to around 160,000 BOE/D.
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The list of potential bidders for Norway’s first tender for offshore wind farm licenses is long. More than two dozen companies and joint ventures from throughout Europe are likely to participate in the tender planned for later this year.
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Energy trader Vitol will take 3 mtpa over a 10-year period.
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Are you trying to stay up to date about developments aimed at energy transition efforts in our industry? This roundup of news presents some of the recent announcements.
