Global giants of the oil and gas industry – the so-called supermajors – are looking to sell assets that could fetch a total $27.5 billion, according to Rystad Energy’s latest assessment.
Increasingly more recoverable barrels of oil and gas around the world are coming from corporate mergers and acquisitions, and not from traditional exploration.
DecomWorld – part of Reuters Events- today announced the global E&P delegations already confirmed to attend their 2020 Decommissioning and Abandonment Summit along with an international operator speaker faculty
A leading petroleum economist has said there are “positive signs” that a new law is making an impact on North Sea deals, a year on since it came into effect.
The seven majors must cut production by 35% by 2040, and emissions by 40%, if the world is to warm by only 1.6 degrees Celsius, according to a new report from Carbon Tracker Initiative.
Houston's ConocoPhillips reported a nearly $3.1 billion quarterly profit on Tuesday that spiked more than 60 percent from a year prior, but the big jump benefited from about $2 billion in proceeds from the recent sale of its North Sea business in the United Kingdom.
Santos Energy has set out a deal to buy Australian gas assets, in the Northern Territory (NT), from ConocoPhillips for $1.39 billion.
Oil and gas producer Santos announced today it plans to buy up ConocoPhillips’s northern Australian portfolio.
Chrysaor has confirmed it is hoping to sanction a new North Sea project next year.
Changes to offshore rotas are “top of the list” for new workers coming into the business from ConocoPhillips, according to Chrysaor’s chief executive.
Chrysaor has announced the completion of its mammoth £2billion purchase of ConocoPhillips’ North Sea assets.
Zennor Petroleum is “pushing forward” with plans for two more central North Sea projects which would follow on from the firm’s Finlaggan development.
The shortlist for this year’s prestigious Oil & Gas UK Awards has been revealed today.
US energy major Conoco Phillips has been accused of leaving an “appalling legacy” as it exits the North Sea after 50 years.
Oil giant ConocoPhillips and its partners are understood to be bringing the Tor filed, located in the Norwegian side off the North Sea, back to life.
US oil major ConocoPhillips has handed in its plans for decommissioning the MacCulloch field to the UK Government.
Big Oil probably won’t be buying up the Permian Basin’s struggling independent drillers any time soon.
Independent Oil and Gas (IOG) has appointed Neil Hawkings as an independent non-executive director.
Zennor Petroleum has reached a “key step” towards first production at its Finlaggan field in the North Sea.
North Sea operator Chrysaor has made a large profit in its first full year since its £3billion mega deal with Shell.
Energy giant BP boosted its pre-tax earnings in the first three months of 2019, which it said showed "resilience" in a "volatile period”.
A ConocoPhillips manager of almost 20 years has set up a consultancy firm targeting the wave of new operators in the North Sea.
Growth in the oil and gas and renewables sectors saw Fugro report a boost to revenues for the first quarter of the year.
Chrysaor’s recently-announced £2billion deal to acquire ConocoPhillips’ North Sea assets will put it top of a new leaderboard of oil and gas producers.
TechnipFMC has been handed a major contract for ConocoPhillips' Tor II development in the Norwegian sector of the North Sea.