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Japan's INPEX signs deal with Indonesia on Masela block development
- 17 June 2019
The HoA formalises the recent outline agreement between the Government of Indonesia and INPEX on the Masela development project.
Comment
Chevron exits bidding war for Anadarko
- 09 May 2019
Chevron Corporation today announced that it would not offer a counterproposal to Occidental Petroleum's rival bid to acquire Anadarko Petroleum.
News Release
What would Australia's Labor win mean for the resources, energy and power sectors?
- 06 May 2019
Australia's general election is around the corner and Labor looks set for victory. Labor has announced its commitment to reduce Australia’s carbon emissions by 45% between 2005 and 2030, and to reach net-zero pollution by 2050. It has also proposed changes to existing mechanisms to lower energy and gas prices.
Comment
ExxonMobil and QP land a giant with Glaucus
- 28 February 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
Medco Energi's potential takeover of UK-listed Ophir Energy
- 02 January 2019
On the first day of 2019, Ophir announced it was in talks with Indonesia's Medco Energi regarding a cash takeover. No amount or other details have yet been released, other than Medco has to make a clear binding offer by the 28th of January if a deal is to proceed. Ophir's upstream portfolio includes assets in Thailand, Vietnam, Indonesia, Malaysia, Equatorial Guinea and Tanzania. It also has exploration acreage in Mexico and Bangladesh.
2313 related products from the Store that match
- Asset Report
  Kharsang
  - 11 November 2025
  The Kharsang oil and gas field is located in the Upper Assam Valley, in the state of Arunachal Pradesh, in northeast India. Discovered by Oil India Ltd (OIL) in the 1970s, a production sharing contract (PSC) was offered to develop and operate the field in 1992, under India's first Field Development Licensing Round for small and medium fields. A PSC was awarded in 1995 to a joint venture led by…
- Asset Report
  Edvard Grieg Area
  - 10 November 2025
  The Edvard Grieg oil field is 15 kilometres east of Johan Sverdrup in the Central North Sea. The field proved a new play concept in the area and further discoveries have been made nearby. A Plan for Development and Operation (PDO) was approved in June 2012. The field has been developed with a fixed platform and utilises a jack-up rig for drilling. Production started in late 2015 and the project…
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News Release
Major LNG buyers' uncontracted demand to quadruple by 2030
- 13 December 2018
Wood Mackenzie's latest research reveals that uncontracted demand by the world's seven largest LNG buyers could quadruple to 80 million tonnes per annum (mmtpa) by 2030.
Comment
Petronas takes 10% stake in Oman’s Khazzan development
- 23 October 2018
Malaysian NOC Petronas buys a 10% interest in Oman's Khazzan development
Comment
ExxonMobil and Guyana hit Jackpot with latest offshore discovery
- 01 September 2018
ExxonMobil’s exploration success in the last few years has established the Guyana basin as one of the world’s offshore exploration hotspots. Accounting for 15% of all conventional crude found globally since 2015, no other area has delivered as much conventional oil resource.
News Release
East Coast gas prices could rise 30 percent in five years
- 25 May 2018
In a recent study, Wood Mackenzie forecasts Australia's East Coast gas prices to rise up to 30 percent to between A$10 and A$13 /per gigajoule by the mid 2020s.
News Release
A new era for oil and gas in Mexico
- 16 May 2018
Look no further than Mexico for an example of what a successful energy reform looks like. Over the past five years, the country has dramatically overhauled its energy landscape. A new report analyses the impacts of the energy reform on the country's upstream sector.
Comment
US Gulf of Mexico Lease Sale 250
- 22 March 2018
On Wednesday, 21 March 2018, the US held its region-wide GoM Lease Sale 250, attracting 159 bids from 33 participating companies, with high bids totalling US$124.8 million. The total of high bids represents a modest increase of about US$3 million over last year's August region wide Lease Sale 249 but is still a lacklustre result.
News Release
Will a shifting global market embrace US crude?
- 05 March 2018
A new study by Wood Mackenzie, examines this shift in the oil market, and assesses the challenges and opportunities facing the market and US producers and midstream operators.
Comment
ExxonMobil (NYSE: XOM) Strikes Oil in Guyana with the Turbot-1 well
- 06 October 2017
Following ExxonMobil's (NYSE: XOM) announcement this morning of its fifth new oil discovery after drilling the Turbot-1 well offshore Guyana, Pablo Medina, Wood Mackenzie's senior analyst, Latin America Upstream has the following comments.
Comment
BHP Shale Asset Divesture
- 20 September 2017
Commenting on BHP Billiton's plans to divest its U.S shale unit, Jon Weintraub, research analyst at Wood Mackenzie, said: "BHP's announced divesture of its onshore U.S. business is a pretty momentous step-change in its corporate strategy and marks the culmination of its push to be a major shale player. We expect to see all options being considered with a substantial amount of interest from multiple pools of buyers."
News Release
Global upstream FIDs on track to double in 2017
- 17 July 2017
In the first half of the year, the industry has already witnessed 15 project sanctions, almost comparable to project sanctions in the whole of 2016.
News Release
Return of Asian investment in US tight oil
- 08 May 2017
If Asia's largest upstream players want to grow production, Wood Mackenzie expects them to diversify into the US tight oil market.
News Release
Revival of deepwater industry: best projects closing gap
- 30 March 2017
The deepwater industry has emerged from the downturn leaner and more competitive with US tight oil
News Release
Australian operators need to collaborate to create super basins
- 16 May 2023
Australia’s oil and gas industry needs to urgently fast-track the creation of energy “super basins” to provide a pathway to greater sustainability and cut emissions, according to Anne Forbes, Upstream Research Analyst at Wood Mackenzie.
News Release
A revitalised oil and gas sector can play a key role in Indonesia’s energy transition
- 27 July 2023
Indonesia’s oil and gas sector must undergo a major overhaul in the way it operates if it is to realise the full potential of the country’s natural resources and support a successful energy transition, according to a new white paper by Wood Mackenzie, a global insight business for renewables, energy and natural resources.
News Release
7 Btpa of carbon capture needed to meet net zero by 2050
- 16 October 2023
Speaking at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference in Houston, Mhairidh Evans, head of CCUS research for Wood Mackenzie, said that urgency is needed to meet the seven billion tonnes carbon capture (Btpa) required to meet net zero goals in 2050.
Editorial
Pioneer plus Parsley: What’s our Permian prognosis?
- 27 October 2020
News on Pioneer/Parsley broke less than 48 hours after ConocoPhillips announced its acquisition of Concho Resources. Tight oil consolidation is booming, and it's starting with the big, financially-strong producers. Find out some more important takeaways from the transaction that aren’t necessarily reflected in the publicized deal metrics?
Editorial
Tight oil M&A: after Anadarko, remember small deals too
- 15 July 2019
Tight oil M&A is all about arbitrage. Private equity-backed operators have a lot to prove. The US shale M&A landscape is perking up in lower price ranges.
Editorial
Natural gas prices enter extreme negative territory in the Permian
- 12 June 2019
The Permian natural gas spot price continues to enter new frontiers in 2019. The pipeline constraints that sparked extreme negative Permian daily prices first appeared in late March and early April.
Editorial
A balancing act: developing successful fiscal terms
- 06 June 2019
What does it take to develop successful fiscal terms?
Editorial
Anadarko's Permian acreage: a prize worth fighting for
- 26 April 2019
Just how attractive is the rock underneath Anadarko's assets?
Editorial
Merger Mania: Denbury Chesapeake and Encana announce deals
- 11 December 2018
Listen to Crude For Thought, episode 44: Merger mania: Denbury Chesapeake and Encana announce deals
Editorial
Unconventional operators can unlock US$10 billion in cash from DUC wells
- 12 September 2018
Following the oil price crash, operators undertook multiple initiatives to reduce costs and become more efficient. Lower equipment costs, improvements in productivity and reduced headcounts are just some of the measures that helped drive 2018 breakevens down to under US$50/bbl from US$76/bbl in 2014.Nevertheless, there is still room for improvement.
Editorial
Is investment in natural gas the key to positioning upstream portfolios for a low-carbon future?
- 15 March 2018
Is investment in natural gas the key to positioning upstream portfolios for a low-carbon future?
Editorial
Norway upstream project NOAKA – a blueprint for the future
- 07 March 2018
With around 500 stranded discoveries in Norway and the UK, the NOAKA project could be a gamechanger for the area. Could cooperation amongst companies make this a blueprint for new developments across the North Sea?
Editorial
Are cost rises inevitable for global upstream?
- 12 December 2017
Although undoubtedly some cost savings will stick, what conclusions can we draw before cyclical drivers weaken, revealing a reshaped industry and supply chain?

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Search results: 1428

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

Chevron exits bidding war for Anadarko

What would Australia's Labor win mean for the resources, energy and power sectors?

ExxonMobil and QP land a giant with Glaucus

Medco Energi's potential takeover of UK-listed Ophir Energy

2313 related products from the Store that match

Kharsang

Edvard Grieg Area

Major LNG buyers' uncontracted demand to quadruple by 2030

Petronas takes 10% stake in Oman’s Khazzan development

ExxonMobil and Guyana hit Jackpot with latest offshore discovery

East Coast gas prices could rise 30 percent in five years

A new era for oil and gas in Mexico

US Gulf of Mexico Lease Sale 250

Will a shifting global market embrace US crude?

ExxonMobil (NYSE: XOM) Strikes Oil in Guyana with the Turbot-1 well

BHP Shale Asset Divesture

Global upstream FIDs on track to double in 2017

Return of Asian investment in US tight oil

Revival of deepwater industry: best projects closing gap

Australian operators need to collaborate to create super basins

A revitalised oil and gas sector can play a key role in Indonesia’s energy transition

7 Btpa of carbon capture needed to meet net zero by 2050

Pioneer plus Parsley: What’s our Permian prognosis?

Tight oil M&A: after Anadarko, remember small deals too

Natural gas prices enter extreme negative territory in the Permian

A balancing act: developing successful fiscal terms

Anadarko's Permian acreage: a prize worth fighting for

Merger Mania: Denbury Chesapeake and Encana announce deals

Unconventional operators can unlock US$10 billion in cash from DUC wells

Is investment in natural gas the key to positioning upstream portfolios for a low-carbon future?

Norway upstream project NOAKA – a blueprint for the future

Are cost rises inevitable for global upstream?