An IPR Energy Group subsidiary will buy the producing assets
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Three steps offshore drillers must take now: BCG
Pablo Avogadri, Partner and Associate Director Boston Consulting Group (BCG), says that for offshore drillers, change must happen now
Rolling the dice: Investing in the gas sector
To maintain supply security, the gas sector needs adequate investments, but the market landscape has added chaos to investor decision-making
Energy transition could push oil majors to sell or swap oil and gas assets of more than $100 billion
A study by Rystad Energy looked at the Majors+ to examine the impact of the energy transition
Tatweer Petroleum signs joint sudy agreement for Offshore Block 2 with Eni
The deal covers integrated interpretation and assessment of geological and geophysical data relevant to Offshore Block 2
Iraq appoints oil minister as head of national oil company
Placing Ismael at the head of the company could mean further development of the country’s oil and gas sector through INOC
US presidents and oil production: A deep dive into Obama and Trump records, Biden’s proposed plan
Rystad Energy presents its analysis of US oil production throughout various presidencies
About 150 more North American E&Ps will need Chapter 11 protection by end-2022
So far this year 32 E&Ps have already filed for Chapter 11, recording a cumulative debt of about $40 billion
Eni announces oil discovery and production in Egypt’s South West Meleiha Concession
Eni announces the discovery of new oil resources in the Western Desert of Egypt with a new exploration well in the South West Meleiha Concession. Production in the Concession started just one year ago and is now in excess of 12,000 bopd.
Oil & gas project sanctioning in 2020 set to fall by more than 75% despite activity in Norway, Russia
Rystad Energy estimates total sanctioning value will end up at around $47 billion