Management
A new Eni-Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
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.
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As money pours into the space, questions arise about whether the method of removing carbon from the atmosphere is the best investment.
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The oil and gas industry is embracing digital technology not just as a differentiator but as an enabler of innovation. The simple reality is that, if one doesn’t, they risk being out of the game.
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The oil and gas industry’s sustainability and success depend on its ability to cultivate and nurture a skilled and knowledgeable workforce.
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New terms would allow contractors more than 50% equity share in some new blocks.
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BP, QatarEnergy and Zarubezhneft were among the other winners.
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In this podcast episode and transcript, Terry Palisch talks about the impact of the energy transition on the industry and technology and how SPE is helping its members adjust to the shifting landscape.
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Sale includes stake in the Abadi gas project.
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Studies center on subsea wells connected to an FPSO.
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Find could hold as much as 130 million BOE.
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Nation also changes fiscal regime to attract new investment.