Management
The $1.3-billion deal targets DJ Basin assets producing 35,000 BOEPD, and Japex aims to increase that output to 50,000 BOEPD around 2030.
The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anti-corruption efforts for the 2025 Licensing Round, which began on 1 December.
The latest corporate plan drops the amount the company says it will invest in low-carbon efforts by $10 billion from last year’s plan.
-
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.
-
The oil and gas industry’s sustainability and success depend on its ability to cultivate and nurture a skilled and knowledgeable workforce.
-
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.
-
Sale includes stake in the Abadi gas project.
-
Studies center on subsea wells connected to an FPSO.
-
The best wells in which to find lithium are in old conventional fields where rusty pump jacks are pulling out mostly water.
-
Find could hold as much as 130 million BOE.
-
The $32-million deal nets producer proved reserves of 3.2 million BOE.
-
Nation also changes fiscal regime to attract new investment.
-
New terms would allow contractors more than 50% equity share in some new blocks.