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Oil & Gas DECODED

Latest edition: 01 Dec 2023
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Spotlight

Williams completes $1.27bn DJ Basin acquisitions

The natural gas processing and transportation company has acquired Cureton Front Range and Rocky Mountain Midstream Holdings.

Latest news

Ithaca acquires remaining stake in Cambo field offshore UK from Shell

The Cambo field is being developed using a floating production storage and offloading (FPSO) vessel to produce hydrocarbons from two drill centres.

SilverBow acquires Chesapeake's Eagle Ford assets in US

During Q3 2023, the acquired properties reported average net daily production of approximately 29,000 barrels of oil equivalent (boe).

COP28 presidency hails “historic” victory as nations agree Loss and Damage Fund on day one

COP28 President Sultan Al Jaber has hailed a “historic” victory as world leaders agreed to a Loss and Damage Fund to support the poorest and most vulnerable countries cope with climate-related impacts on day one of COP28 in Dubai. Initial contributions to the fund add up to just over $400m – a far cry from the hundreds of trillions of dollars in climate damages expected in the coming years, but a positive development nonetheless.

OKEA postpones Statfjord Area acquisition from Equinor

The Statfjord Area includes the Statfjord Unit, Statfjord Øst Unit, Statfjord Nord and Sygna Unit.

COP28 opens in Dubai as global temperature set for new record

DUBAI - The latest annual UN climate conference, COP28, opened in Dubai on Thursday 30 November with at least 70,000 delegates from the worlds of politics, media and civil society expected to attend.