Management
Enverus analysts say limited development opportunities and lower oil prices restrained deal activity outside North America for a second consecutive year.
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
Members of the International Energy Agency said they would make available 400 million bbl from emergency reserves amid market disruptions.
-
Studies center on subsea wells connected to an FPSO. -
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.
-
BP, QatarEnergy and Zarubezhneft were among the other winners.
-
The energy ministry instructed a shutdown following Hamas missile strikes.
-
Total structure discovered could hold as much as 5 Tcf of gas in place.
-
The two newest crew members of the Pazflor floating production, storage, and offloading unit are a pair of robots capable of inspecting 1,700 different points of interest.
-
The three companies signed a Memorandum of Understanding to explore the development of an energy-specific large language model.
