Asset Management
The Federal Reserve Bank of Dallas’ second-quarter energy survey reports improved business conditions, despite a mixed outlook on oil prices and input costs.
Equinor and its partners’ investment in the Troll West Increased Gas Recovery North (TWIN) project aims to unlock around 11 Bcm of additional natural gas from the Troll field, with first production targeted as early as 2028.
The US supermajor will use Permian Basin natural gas to support the hyperscaler’s AI business.
-
Sulzer and JSIL are teaming up to provide the service for oil and gas, power generation, and industrial operations. -
The deal includes Waygate’s inspection portfolios and is expected to close later this year.
-
An asset swap with PDVSA helps consolidate the supermajor’s heavy-oil operations in the country.
-
Co-owner Chevron confirmed the find at the Bandit prospect offshore Louisiana and suggested it may become a subsea tieback to existing faciltiies operated by Occidental Petroleum.
-
The multiyear contract with YPF includes electric pumping units and automated stimulation services.
-
The Orange Basin and Gulf of Guinea will see most of the high-impact drilling activity planned this year in Africa.
-
Agreements create long-term frameworks to advance offshore Suriname developments, aiming to streamline project delivery, reduce costs, and accelerate field development through early integration across the project life cycle.
-
While Uzbekistan has seen a significant drop in flaring, methane leaks from deteriorating infrastructure continue to reveal themselves to satellites in space.
-
ExxonMobil will retain its equity stakes in ongoing Bass Strait projects even as it hands off its operatorship responsibilities to Woodside Energy.
-
Technology and partnerships remain important, while phased approaches may supplant lengthy appraisal programs, experts said during CERAWeek.
