The Latest

Hess Seeks Partnership for Suriname Block 59

Hess Corp. is seeking a new partner or partners to join in Suriname’s offshore Block 59 after Exxon Mobil and Equinor each gave up their one-third interests last month.

How Chevron’s Anchor Took on the ‘Elephant’ in the GoM’s Deepwater

First oil at Chevron's deepwater Anchor project is a major technological milestone in a wider industry effort to tap giant, ultra-high-pressure, high-temperature reservoirs in the Gulf of Mexico.

Talos Buys Interests in Monument GoM Development

Talos Energy acquired a 21.4% interest in Monument in the U.S. Gulf of Mexico for $32 million in the second quarter. First production of up to 30,000 gross boe/d is expected by late 2026.

Petrobras to Add Two FPSOs Offshore Brazil in Second-half 2024

Petrobras will bring online 280,000 bbl/d of production capacity in the second-half 2024 with the addition of two FPSOs offshore Brazil.

Chevron’s Gulf of Mexico Anchor Project Begins Production

Chevron and TotalEnergies’ $5.7 billion floating production unit has a gross capacity of 75,000 bbl/d and 28 MMcf/d.

E&P Highlights: Aug. 5, 2024

Here’s a roundup of the latest E&P headlines, including new oil discoveries and an implementation of AI technology in operations offshore United Arab Emirates.

Genesis Energy: First Oil at GoM Field Pushed Back to 2Q 2025

Genesis Energy’s is awaiting a floating production vessel to connect its SYNC pipeline in the Gulf of Mexico to the delayed Shenandoah deepwater project.

Transocean Announces $531MM GoM Contract with BP

BP’s contract with a Transocean vessel is expected to culminate in a drilling program beginning in first-quarter 2025.

E&P Highlights: July 29, 2024

Here’s a roundup of the latest E&P headlines including Energean taking FID on the Katlan development project and SLB developing an AI-based platform with Aker BP.

E&P Highlights: July 22, 2024

Here's a roundup of the latest E&P headlines, with LLOG acquiring 41 blocks in the Gulf of Mexico and Saipem securing $500 million in contracts from Saudi Aramco.