Asset Management
The loan to Arena Energy will generate an estimated 38,600 B/D in new production from 22 platforms in the Gulf.
This article from Murphy Oil outlines a modernization effort that resulted in increased scenario simulation capacity by five to 10 times.
The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million.
-
Winners of the triennial awards will be announced at the 23rd World Petroleum Congress in Houston. -
The country’s 17th Bidding Round attracted bids on just five of the 92 blocks on offer… and all from Shell.
-
The US producer also closed its acquisition of assets in the Permian through a deal with Primexx.
-
The gas-focused producer said it will turn its attention to drilling programs on its Haynesville acreage.
-
The energy transition may drive a massive increase in renewable-power capacity in the electric market, but global demand growth is expected to be so strong, liquid fuel consumption could also be much higher in 2050.
-
Alternative investment firm acquires LNG transportation specialist for $1.5 billion.
-
The price of natural gas has more than doubled this year in many parts of the world. The ripple effects are starting to be felt, but how wide they will spread may not be known until winter comes.
-
The 21st ministerial meeting between OPEC and its non-OPEC allied countries ended with no change of course. However, markets reacted by pricing in the potential of a supply shortfall.
-
Sale of the assets could raise around $1 billion.
-
