Wood Mackenzie: M&A shake-up on the horizon for the Australian upstream sector
Wood Mackenzie senior analyst David Low discusses potential M&A activity in the Australian upstream sector over the next 12 months.
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Wood Mackenzie senior analyst David Low discusses potential M&A activity in the Australian upstream sector over the next 12 months.
The contract is for the design of a Sevan cylindrical floating production, storage and offloading (FPSO) unit.
The 5% tariff announced last Friday is the first time that Beijing has targeted crude oil.
The acquisition of approximately 200 000 datasets quadruples Enverus’ interpreted well log catalogue.
Evaluation of the West Newton A-2 openhole data has identified an estimated gross hydrocarbon column of approximately 65 m in the Kirkham Abbey formation.
The company's CAN technology aims to reduce field development costs and help with wells in difficult seabed conditions.
The XWI algorithm, which enables data-driven earth model building, helped Tullow Oil to strike oil at the Jethro-1 well earlier this month.
The company will provide regulatory testing and reporting services for 825 wells in the Texas Panhandle, US.
The deal makes Hilcorp the second-largest Alaska producer and reserves holder, behind ConocoPhillips.
The Vero system applies artificial intelligence to validate well integrity.
The money from this financing round will support the qualification and commercialisation phases for the company’s Slim Battery-powered Conveyor.
A vessel is en route to the field to undertake site preparation before a drilling rig is moved to the site.