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Pitts: US Energy Pioneers, Capital Wanted for Vaca Muerta
Despite its vast potential, Argentina lacks the resources—both in capital and technical expertise—to fully tap the potential of the Vaca Muerta play.
E&P Highlights: Nov. 25, 2024
Here’s a roundup of the latest E&P headlines, including North Sea production updates as well as major offshore contracts and a transfer of interests by Exxon in Suriname.
OMS Energy Files for IPO, Reports Revenue Growth
Singapore-based OMS Energy, a wellhead system manufacturer, has not yet determined its price range and number of shares.
Harris or Trump? Majors’ CEOs Say ‘Nothing's Going to Change’
The captains of BP, Shell, Petronas and Eni see the U.S. election as a short-term event, although the results could raise tensions with China and put the fate of the Inflation Reduction Act up in the air.
E&P Highlights: Sept. 30, 2024
Here’s a roundup of the latest E&P headlines, including concessions awarded in the Middle East and updates following Hurricane Helene.
From Exxon to APA, E&Ps Feel Need to Scratch Exploration Itch
Exxon Mobil is looking for its “next Permian,” which an executive said could be in Algeria.
Woodside to Emerge as Global LNG Powerhouse After Tellurian Deal
Woodside Energy's acquisition of Tellurian Inc., which struggled to push forward Driftwood LNG, could propel the company into a global liquefaction powerhouse and the sixth biggest public player in the world.
TotalEnergies Makes FID on Kaminho Deepwater Project
TotalEnergies, in partnership with Petronas and Sonangol, said production is expected to begin in 2028 and reach a plateau of 70,000 bbl/d of oil.
Deepwater Roundup 2024: Offshore Australasia, Surrounding Areas
Projects in Australia and Asia are progressing in part two of Hart Energy's 2024 Deepwater Roundup. Deepwater projects in Vietnam and Australia look to yield high reserves, while a project offshore Malaysia looks to will be developed by an solar panel powered FPSO.
TGS Commences Multiclient 3D Seismic Project Offshore Malaysia
TGS said the Ramform Sovereign survey vessel was dispatched to the Penyu Basin in March.
CERAWeek: Tecpetrol CEO Touts Argentina Conventional, Unconventional Potential
Tecpetrol CEO Ricardo Markous touted Argentina’s conventional and unconventional potential saying the country’s oil production would nearly double by 2030 while LNG exports would likely evolve over three phases.
Proactive, not Reactive: Taking Measures to Keep Oil Stable
Events threatening instability are commonplace in the energy sector. Panelists at CERAWeek by S&P Global discussed the strategies their companies are taking to tackle uncertainty.
Avenir LNG Secures Two Charter Agreements for Supply Vessels
Avenir LNG, a small-scale LNG supplier, entered contracts with subsidiaries of Petronas and New Fortress Energy.
TotalEnergies Expands Acreage Offshore Suriname
The new block comes out of Bid Round 2022-2023 for what Staatsolie refers to as the Demerara Acreage.
Permian 2.0? The Case for Argentina’s Vaca Muerta
Argentina’s Neuquén Province Energy Minister Alejandro Rodrigo Monteiro spoke with Hart Energy’s International Managing Editor Pietro D. Pitts in an exit interview about the importance of the Vaca Muerta and how the South American country is building a strong case for the play to be referred to as the Permian 2.0.