Blog

(WO) – To support production growth, Angola has introduced a fresh slate of blocks spanning marginal fields, onshore and offshore opportunities. In a first for the country, five marginal fields are on offer in Block […]

(WO) – TGS announced early access to a comprehensive carbon storage assessment dataset along the Texas and Louisiana Gulf Coast, covering the available GLO lease blocks. This evaluation will help prospective bidders maximize their bid […]

(WO) – With details for Angola’s 2025 licensing round announced earlier this week, African exploration markets are making a push for upstream investment by deploying more attractive terms and offerings for global investors. […]

(WO) – On July 10th, World Oil reported that the Jerun field in Malaysia, operated by SapuraOMV Upstream Sdn Bhd, has achieved first gas production. Shell plc has a 30% equity stake in the field, […]

(Bloomberg) – The U.S. Federal Trade Commission plans to delay its decision whether to block Chevron Corp.’s $53 billion takeover of Hess Corp. until after an arbitration case with Exxon Mobil Corp. is settled, according […]

(WO) – Honeywell has agreed to acquire Air Products’ liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. This represents approximately 13x estimated 2024 EBITDA. Honeywell’s […]