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Equinor and Petoro agree to swap assets in Norwegian Continental Shelf

(WO) Equinor and Petoro have agreed to swap assets in the Haltenbanken area of the Norwegian continental shelf. Under this arrangement, Equinor will boost its ownership in the Heidrun field and Noatun discovery, while scaling back its stake......【More】


Diamondback Energy kicks off bond sale to fund $26 billion Endeavor acquisition

(Bloomberg) Diamondback Energy Inc. is tapping the U.S. investment-grade market with a bond offering to partly help fund its $26 billion takeover of Endeavor Energy Resources LP, joining other blue-chip companies capitalizing on robust inve......【More】


World oil demand outpacing expectations, challenging peak crude predictions

(Bloomberg) The world is using more oil than ever and demand is outpacing expectations again this year, raising questions about how soon global consumption will peak. The unabated thirst for crude contributed to an increasingly confident to......【More】


TotalEnergies secures 20-year offshore wind contract to supply renewable electricity to New Jersey

(WO) TotalEnergies and its partner Corio Generation (Corio) announced that the State of New Jersey selected their Attentive Energy Two offshore wind project for a 20-year contract to supply 1.34 GW of renewable electricity to the state. The......【More】


Wintershall Dea wins 13 exploration licenses in Norwegian Continental Shelf

(WO) Wintershall Dea has been awarded 13 exploration licenses by the Norwegian Ministry of Energy in the 2023 Award in Predefined Areas (APA) five licenses as operator, and eight as partner. Wintershall Dea has been an active and successful......【More】


Chesapeake Energy, Southwestern Energy form leading U.S. natural gas company in $7.4 billion merger

(WO) Chesapeake Energy Corporation and Southwestern Energy Company have entered into an agreement to merge in an all-stock transaction valued at $7.4 billion, or $6.69 per share. Under the terms of the agreement, Southwestern shareholders w......【More】


bp renews drilling logistical services contract with Danos for Gulf of Mexico assets

(WO) Danos has secured a contract with bp to renew its comprehensive drilling logistical services for the integrated energy companys Gulf of Mexico assets, building on a relationship that began in 2017. Leveraging the companys 76 years of e......【More】


QatarEnergy to supply crude oil to Shell for five years in “first ever” contract agreement

(WO) QatarEnergy has announced a five-year crude oil supply agreement with Shell International Eastern Trading Company, Singapore (Shell). The agreement stipulates the supply of up to 18 MMbbl per annum of Qatar Land and Qatar Marine crude......【More】


Santos, JX, ENEOS forge partnership for carbon capture and storage advancement

(WO) Following the passage of legislation through the Australian parliament to facilitate the cross-border transfer of CO2, Santos has announced a new agreement with two major Japanese energy companies to collaborate on CCS. Santos plans to......【More】


Danos addresses offshore pipeline protection challenges with 3D printing technology

(WO) Danos has established a resilience technology center of excellence in Amelia, Louisiana. In partnership with climate technology company, Natrx, Inc., Danos is producing high-performance, nature-based modules for coastal resilience and......【More】