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How GenAI Will Change Your Oil and Gas Acreage Strategy

Enverus

As the upstream oil and gas sector faces mounting pressure from rising costs and dwindling Tier 1 inventory, the need for smarter, faster and more efficient development strategies has never been greater. ¹ Here are four key ways AI is revolutionizing acreage strategy for upstream operators. Watch Now 2. The key to success?

Gas 130
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Namibia considers incentives to expedite TotalEnergies’ offshore development

Oil & Gas 360º

“The government recognizes the complexities and high costs associated with the development of the Venus oil field by TotalEnergies,” Kornelia Shilunga, special adviser and head of upstream petroleum unit in the Namibian Presidency, said in a reply to questions.

Offshore 130
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Argentina set for M&A boom under Milei, with energy in focus, PwC says

Oil & Gas 360º

(BOE Report) – Argentina’s mergers and acquisitions market could grow significantly in the coming years if President Javier Milei’s economic reforms continue, Juan Tripier, director of M&A and corporate finance at PricewaterhouseCoopers (PwC) Argentina, told Reuters.

Energy 130
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Oil Review Middle East - Untitled Article

Oil Review Middle East

Upstream natural gas spending is set to maintain the levels seen in 2024. Together, upstream oil and gas investment for 2025 is forecast at less than US$570bn, a decline of around 4%. Saudi Arabia’s upstream oil and gas investment is the highest in the Middle East, and is set to reach US$40bn in 2025, nearly 15% higher than in 2015.

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BP Appoints Shell Veteran to Board

Rigzone

During his over 35 years with Shell, Henry held senior finance and management positions worldwide, serving as chief financial officer and board member from 2009 to 2017, BP noted. BP said Henry possesses extensive expertise and experience in global finance, strategy, governance, and management.

Finance 89
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Madbouly, Badawi Review Upstream Activities, Mining Development, Investment Plans for Coming Period

Egypt Oil & Gas

Prime Minister Mostafa Madbouly held a meeting to discuss various industry-related matters of significant importance with the Minister of Petroleum and Mineral Resources Karim Badawi, Minister of Finance Ahmed Kouchouk, and other Egyptian officials.

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Self-reliance crucial to African transition | Upstream Online

Energy Central

billion of finance to TotalEnergies’ $20 billion Mozambique LNG project. Source of the Problem? Friends of the Earth (FoE) — which will appeal the judgement — that wants to stop the UK government providing $1.15