Asset Management
The companies will work together to increase future production and value creation at their respective assets in the Norwegian Continental Shelf.
The top three bidders in the latest lease sale by the US federal government paid a combined $3.9 billion.
US Energy Information Administration data sees the country’s energy production jump 3.4% over 2024 levels. Additionally, the EIA predicts industrial natural gas consumption to hit records in 2026 and 2027.
-
In its 2024 outlook, Enverus expects 3-mile-long lateral sections to become a new normal in the Permian and suggests the budding geothermal and lithium arenas may be the real deal. -
The contractor was tapped by Offshore Frontier Solutions to provide electrical systems and associated digital solutions for ExxonMobil’s fifth FPSO in the region.
-
Bakken oil production surprised on the upside showing it can grow, but an encore is not expected this year.
-
The former company CFO has been acting as interim CEO since September 2023.
-
The contractor will be responsible for both pipeline and platform installation related to Petronas’ ambitious CCS project offshore Sarawak.
-
Solar and natural gas surged last year in the US, while wind stumbled.
-
The acquisition will expand Talos’s deepwater US Gulf of Mexico footprint and increase annual production by an estimated 30,000 BOE/D.
-
Two of the most established US independents are combining to form a natural gas powerhouse that will be given a new name later this year.
-
The 100 million BOE-plus find will be tied back to the Heidelberg spar.
-
Startup company LongPath Technologies has received conditional federal financing to install 1,000 methane detection towers spanning multiple US states.
