The Latest

Exxon Aims to Boost Guyana Gas Production, Explore Export Options

Production capacity in Guyana is expected to surpass 1.7 MMbbl/d, with gross production growing to 1.3 MMbbl/d by 2030.

ConocoPhillips to Sell Interests in GoM Assets to Shell for $735MM

ConocoPhillips is selling to Shell its interests in the offshore Ursa and Europa fields in the Gulf of Mexico for $735 million.

Texas GulfLink Port Wins Approval from U.S. Maritime Administration

Sentinel Midstream’s Texas GulfLink crude loading platform is the second Gulf Coast project to receive a permit.

E&P Highlights: Feb. 18, 2025

Here’s a roundup of the latest E&P headlines, from new activity in the Búzios field offshore Brazil to new production in the Mediterranean.

Chevron Completes Farm-In Offshore Namibia

Chevron now has operatorship and 80% participating interest in Petroleum Exploration License 82 offshore Namibia.

McDermott Completes Project Offshore East Malaysia Ahead of Schedule

McDermott International replaced a gas lift riser and installed new equipment in water depth of 1,400 m for Thailand national oil company PTTEP.

SLB: OneSubsea to Provide Equipment for Vår Energi Offshore Norway

The OneSubsea joint venture among SLB, Aker Solutions and Subsea7 will support multiple oil and gas projects on the Norwegian Continental Shelf for Vår Energi.

Exxon Enlists Baker Hughes to Support Uaru, Whiptail Offshore Guyana

Baker Hughes’ will provide specialty chemicals and related services in support of the Uaru and Whiptail projects in the Stabroek Block.

Halliburton Secures Drilling Contract from Petrobras Offshore Brazil

Halliburton Co. said the contract expands its drilling services footprint in the presalt and post-salt areas for both development and exploration wells.

E&P Highlights: Jan. 27, 2025

Here’s a roundup of the latest E&P headlines including new drilling in the eastern Mediterranean and new contracts in Australia.