Search

Japan to invest additional $10 billion in global LNG infrastructure projects

26 九月 2019

Japan is planning to invest an additional $10 billion to develop infrastructure mainly in new and developing markets in the India sub continent and Southeast Asia, reflecting a shift in priorities.

Comment

ExxonMobil to sell upstream assets in Gippsland Basin

18 九月 2019

ExxonMobil putting its entire Gippsland Basin upstream portfolio up for sale represents big news for the Australian upstream and gas market.

Comment

BP sells Alaska business to Hilcorp in US$5.6bn deal

27 八月 2019

Speaking after BP announced the sale of its Alaska business to Hilcorp in a US$5.6 billion deal, Wood Mackenzie analyst Rowena Gunn said: “The Majors are making progress with their divestment campaigns. This will mean long-held assets and territories will be let go. BP made such a deal today with its sale of all US Alaska assets to privately-owned Hilcorp."

Comment

TechnipFMC demerger 'a bold step to reposition for the long-term'

27 八月 2019

In 2017 Technip and FMC Technologies completed one of the hallmark oilfield service company mergers of the cycle. The business plans to split in the first half of 2020 – but not back into Technip and FMC - rather into ‘upstream’ and ‘mid/downstream’.

Comment

Lift off as Sputnik partners hit oil

20 八月 2019

Commenting on Equinor, OMV and Petoro’s Sputnik discovery, Jamie Thompson, an analyst with Wood Mackenzie’s North Sea upstream team, said: “Despite being small and remote – it lies more than 300 kilometres from shore in the northern Hoop area of the Barents Sea - Sputnik has a high chance of commerciality. The aptly-named field could be a satellite of the pre-FID 440 million-barrel Wisting development, which is just 30 kilometres from Sputnik.

Comment

ExxonMobil poised to sell ‘attractive’ UK North Sea portfolio

13 八月 2019

Commenting on reports that ExxonMobil is preparing to sell its UK North Sea portfolio, Neivan Boroujerdi, principal analyst, North Sea upstream, at Wood Mackenzie, said: “A proposed UK exit was expected. We value the portfolio at around US$2 billion.

Comment

Jethro-1 delivers the goods for Tullow

13 八月 2019

The Jethro-1 well, drilled in the Orinduik block, offshore Guyana, has delivered for Tullow Oil, with chief executive Paul McDade saying the prospect could hold more than 100 million barrels of recoverable oil, subject to appraisal.

Comment

Abadi LNG gets greenlight for revised Plan of Development

15 七月 2019

The Government of Indonesia has approved the revised Plan of Development for the Abadi LNG project. INPEX (operator, 65%) and Shell (35%) will develop Abadi via an offshore production facility and a 9.5 million tonnes per annum (mmpta) onshore LNG plant, at an estimated cost of US$20 billion.

Comment

Petrogas and Hitec Vision snap up Total UK asset package in $635m deal

10 七月 2019

French Major Total has sold its stakes in 10 UK North Sea fields to Petrogas NEO, a new joint venture between Petrogas and HitecVision, for US$635 million. The asset package includes operated and non-operated assets, which will produce 25,000 barrels of oil equivalent per day (boe/d) this year. The assets hold over 30 million barrels of oil equivalent in remaining reserves.

Comment

Japan's INPEX signs deal with Indonesia on Masela block development

17 六月 2019

The HoA formalises the recent outline agreement between the Government of Indonesia and INPEX on the Masela development project.

Comment

Shell's Prelude ships first LNG cargo

12 六月 2019

Wood Mackenzie senior analyst Daniel Toleman shares his thoughts on the event of Prelude's first LNG cargo.

Comment

Delek in US$2bn swoop on Chevron’s North Sea assets

30 五月 2019

Israel’s Delek Group confirmed today that it will buy US major Chevron’s North Sea assets in a US$2 billion deal.

Comment

CNR snaps up Devon's Canada assets in US$2.8bn deal

29 五月 2019

Canadian Natural Resources today announced a C$3.8 billion (US$2.8 billion) acquisition of Devon Energy's Canadian assets, marking the company's seventh major acquisition since 2014.

Comment

Scott Morrison wins 2019 Australia election

20 五月 2019

Following PM Scott Morrison's win in the recent 2019 Australia election, Wood Mackenzie and Verisk Maplecroft analysts share their thoughts.

Comment

Equinor takes extra slice of Caesar-Tonga

13 五月 2019

Equinor has exercised its preferential rights over Delek Group to acquire an additional 22.45% interest in the Caesar-Tonga oil field from Shell, for a total consideration of US$965 million in cash.

Comment

Chevron exits bidding war for Anadarko

09 五月 2019

Chevron Corporation today announced that it would not offer a counterproposal to Occidental Petroleum's rival bid to acquire Anadarko Petroleum.

Comment

IMO 2020 – what does it mean for downstream, upstream, LNG and bulks sectors?

07 五月 2019

Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie's Asia Pacific experts weigh in on what this means for the different sectors.

Comment

Oxy tables US$38bn rival bid for Anadarko

24 四月 2019

Occidental Petroleum today put forward a rival bid to acquire Anadarko Petroleum for US$38 billion, surpassing Chevron's US$33 billion offer earlier this month.

Comment

Murphy Oil dives into deepwater Gulf of Mexico with US$1.6bn LLOG deal

23 四月 2019

Murphy Oil Exploration is poised to buy several deepwater Gulf of Mexico assets from LLOG Exploration for a total of US$1.625 billion, split into a US$1.375 billion cash payment and US$250 million in contingent payments.

Comment

BP’s US$6bn Azeri Central East project gets the nod

19 四月 2019

BP and partners have taken a final investment decision (FID) on the Azeri Central East (ACE) platform, the latest phase at Azerbaijan's super-giant Azeri-Chirag-Guneshli (ACG) oilfield. The US$6 billion project will be one of the biggest upstream FIDs of the year.

Comment

Chrysaor snaps up ConocoPhillips' North Sea assets in US$2.7bn deal

18 四月 2019

Chrysaor on 18 April 2019 agreed to buy ConocoPhillips’ North Sea assets in a US$2.7 billion deal. The purchase will make Chrysaor the top producer in the UK in 2019 and keep it among the UK's largest producers for the next few years.

Comment

Majors step up to bid on Argentina offshore acreage

17 四月 2019

Argentina's first national offshore licensing round attracted the interest of the Majors, and resulted in winning bids totalling US$718.28 million.

Comment

Santos makes significant gas discovery at Corvus-2 appraisal well

16 四月 2019

Santos' announced the confirmation of a significant gas resource at Corvus-2 appraisal well. Wood Mackenzie senior analyst Daniel Toleman comments on the announcement.

Comment

Indonesia elections and impact on energy and mining and metals sectors

16 四月 2019

Indonesia heads to the polls on 17 April 2019. Wood Mackenzie and sister company Verisk Maplecroft discuss what this means for the energy, and mining and metals sectors.

Comment

Delek makes splash with US$965m deepwater Gulf of Mexico deal

12 四月 2019

Delek Group has bought Shell's stake in the Caesar-Tonga field, in the deepwater Gulf of Mexico

Comment

BP to exit China shale gas

12 四月 2019

In the same week that Shell agreed to explore for shale oil in China, BP is reported to be exiting its two Sichuan basin shale gas blocks.

Comment

Aramco's $10bn bond underscores its vast global ambitions

01 四月 2019

Saudi Aramco’s decision to issue a $10 billion bond underscores how serious the company is about transforming itself into an international powerhouse across the oil and gas value chain, from upstream to petrochemicals.

Comment

Buyers' market as Gulf of Mexico lease sale wraps up

20 三月 2019

The US Gulf of Mexico region wide Lease Sale 252 was held today, 20 March 2019. The sale attracted 257 bids from 30 companies, with high bids totalling US$244.3 million. An increase of about $66 million (37%) from the last region-wide lease sale in August 2018.

Comment

ExxonMobil and QP land a giant with Glaucus

28 二月 2019

ExxonMobil and partner Qatar Petroleum today announced they made a major gas find with the Glaucus-1 well, drilled offshore Cyprus. “Glaucus is a giant,” Robert Morris, senior research analyst, Europe upstream, at global natural resources consultancy Wood Mackenzie, said. He added: “It will be one of the biggest discoveries of the year."

Comment

Repsol-led consortium makes significant gas discovery in Indonesia

18 二月 2019

Following the announcement by Indonesia's upstream regulator SKK Migas on a gas discovery in the country, Wood Mackenzie's research director Andrew Harwood provides a commentary.

Access our research platforms

Refine results

Location

Industry Sector

Commodity

Article Category

Search results: 126

Japan to invest additional $10 billion in global LNG infrastructure projects

ExxonMobil to sell upstream assets in Gippsland Basin

BP sells Alaska business to Hilcorp in US$5.6bn deal

TechnipFMC demerger 'a bold step to reposition for the long-term'

Lift off as Sputnik partners hit oil

ExxonMobil poised to sell ‘attractive’ UK North Sea portfolio

Jethro-1 delivers the goods for Tullow

Abadi LNG gets greenlight for revised Plan of Development

Petrogas and Hitec Vision snap up Total UK asset package in $635m deal

Japan's INPEX signs deal with Indonesia on Masela block development

Shell's Prelude ships first LNG cargo

Delek in US$2bn swoop on Chevron’s North Sea assets

CNR snaps up Devon's Canada assets in US$2.8bn deal

Scott Morrison wins 2019 Australia election

Equinor takes extra slice of Caesar-Tonga

Chevron exits bidding war for Anadarko

IMO 2020 – what does it mean for downstream, upstream, LNG and bulks sectors?

Oxy tables US$38bn rival bid for Anadarko

Murphy Oil dives into deepwater Gulf of Mexico with US$1.6bn LLOG deal

BP’s US$6bn Azeri Central East project gets the nod

Chrysaor snaps up ConocoPhillips' North Sea assets in US$2.7bn deal

Majors step up to bid on Argentina offshore acreage

Santos makes significant gas discovery at Corvus-2 appraisal well

Indonesia elections and impact on energy and mining and metals sectors

Delek makes splash with US$965m deepwater Gulf of Mexico deal

BP to exit China shale gas

Aramco's $10bn bond underscores its vast global ambitions

Buyers' market as Gulf of Mexico lease sale wraps up

ExxonMobil and QP land a giant with Glaucus

Repsol-led consortium makes significant gas discovery in Indonesia