In the past five years, many oil and gas assets experienced a change of operator after concessions expired and new operators or NOCs acquired the rights, or after IOCs divested or acquired assets. Regardless of the circumstances, a transition between operators represents a critical point for an asset. On the one hand, assets can gain fresh life through better access to capital, the adoption of new operating methods, or the application of new technologies that enhance value. On the other hand, an operator change can trigger instability and increase risk. Indeed, many new operators fail to capture the value they expected. Drawing on our experience of multiple operator transitions, this articl
In the second of our two-part 90th anniversary issue series on Russian oil and gas, we look at how energy trade with Europe brought Russia in from the cold, and how adventurism in Ukraine sent it right back out again
22 August 2024The Russian hydrocarbons industry has evolved greatly over the past three decades. In the first of a two-part series for Petroleum Economist's 90th anniversary, we look at the post-Soviet period and how control of oil and gas went from the state to private hands and back again.
21 August 2024Demand growth and the expiration of existing contracts mean Asian nations will become less reliant on long-term contracted supply
19 August 2024The AIM-listed independent is pushing ahead with developments in Indonesia, Malaysia and Vietnam, CEO Paul Blakeley tells Petroleum Economist
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