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Interview: What you need to know about latest GoM lease sale

The U.S. last month held an offshore lease sale, attracting $244 million in high bids for 227 tracts in the Gulf of ...

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Rystad: Top wildcats to watch in 2019

Several wildcat wells planned for 2019 have the potential to be "elephant" finds, according to Norwegian oil and ...

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WoodMac: Supply chain recovery to continue in 2019

The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, ...

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Five offshore wells to watch in 2019

Latin America and southern and western Africa are the regions to keep a close eye on, energy intelligence group ...

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CNOOC makes new discovery in UK North Sea

CNOOC Limited has made a new discovery on the Glengorm prospect, located in offshore UK Central North Sea.

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WoodMac: CNOOC sets bullish tone for rest of Chinese firms

Announcing its strategic plan for 2019, CNOOC Ltd has set a bullish tone for the rest of the Chinese national oil ...

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WoodMac expects sluggish year in upstream M&A

Upstream dealmakers start 2019 facing an uphill battle. Volatile oil prices and bearish equity markets impede deal ...

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WoodMac: Historic year ahead for U.S. Gulf of Mexico

Next year is shaping up to be a good one in the U.S. Gulf of Mexico, Wood Mackenzie said on Wednesday.

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WoodMac: Deepwater cost reduction to come to a close

Impending cyclical cost inflation could raise break-even costs in an otherwise healthy deepwater industry, energy ...

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Oil firms need to start spending $600B a year to meet demand

Oil and gas companies need to start spending more - around $600 billion a year - to satisfy future demand growth.

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Woodmac takes closer look at new kids on North Sea blocks

A new wave of privately backed oil firms has taken over the North Sea basin by storm spurring record M&A activity ...

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WoodMac: Norway spearheads offshore market recovery

Norway is leading the way during the offshore market's gradual recovery, according to Mhairidh Evans, senior ...

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Majors leave period of dismal project delivery behind

The oil and gas industry may have finally turned around from "always delivering upstream projects behind schedule ...

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Eni wins Most-Admired Explorer title

Italian oil and gas giant Eni has won Wood Mackenzie's Most-Admired Explorer title, an accolade awarded in ...

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WoodMac: OPEC to remain key oil supplier until 2040

OPEC will maintain its role as a key oil supplier through to 2040, although output from non-OPEC producers will ...

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New players grow presence in Southeast Asia

Since the fall in oil prices in 2014, oil majors and international oil companies (IOCs) have accelerated a shift ...

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Thailand offers two blocks under first ever PSC regime

Thailand has launched a bidding round offering two offshore blocks under a PSC regime for the first time in the ...

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Woodmac expects 30 major project FIDs in 2018

Wood Mackenzie in 2017 saw a significant recovery in upstream FIDs, with the number of project sanctions more than ...

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New subsea tech could unlock 400 million additional barrels

Developing new subsea technology and approaches to field developments could help unlock 400 million additional ...

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Woodmac: Offshore decom in APAC region could cost $100B

Decommissioning of nearly 2,600 platforms and 35,000 wells in the Asia Pacific region could cost over $100 billion.

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Woodmac: Record production ahead for U.S. Gulf of Mexico

Energy intelligence group Wood Mackenzie expects to see a record production from the U.S. Gulf of Mexico in 2018. ...

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