The Latest

TGS Launches Advanced Imaging Centers for Petrobras

TGS' 4D technologies will provide enhanced subsurface clarity in basins offshore Brazil for Petrobras.

E&P Highlights: Jan. 21, 2025

Here’s a roundup of the latest E&P headlines, with Flowserve getting a contract from ADNOC and a couple of offshore oil and gas discoveries.

Norway Awards Equinor 27 Production Licenses in Latest Round

Equinor ASA, Aker BP ASA, Vår Energi ASA and DNO ASA were selected for the most offshore licenses in Norway’s annual licensing rounds.

E&P Highlights: Jan. 13, 2025

Here’s a roundup of the latest E&P headlines, including Chevron starting production from a platform in the Gulf of Mexico and several new products for pipelines.

Murphy’s Vietnam Find May Change Investor Views, KeyBanc Analysts Say

The discovery by a subsidiary of Murphy Oil Corp. is a reminder of the company’s exploration prowess, KeyBanc Capital Markets analysts said.

Production Begins at Shell’s GoM Whale Facility

Shell’s Whale floating production facility in the Gulf of Mexico has reached first oil less than eight years after the field’s discovery of 480 MMboe of estimated recoverable resources.

Shell Selects SLB for Deepwater Drilling Contracts

SLB will deliver the projects in the U.K. North Sea, Trinidad and Tobago and the Gulf of Mexico, among others regions, over the next three years.

BP Flows First Gas from Greater Tortue LNG Project

Once fully commissioned, Phase 1 of the Greater Tortue Ahmeyim LNG project led by operator BP is expected to produce approximately 2.3 MMtonne of LNG annually.

Seadrill Completes Sale of Jackup Rig West Prospero

Seadrill has sold its West Prospero jackup rig for $45 million in cash in an effort to exit the jack-up rig market.

Exxon Mobil Completes Purchase of FPSO Offshore Guyana

Exxon Mobil Corp. paid $535 million to SBM Offshore for the FPSO, which will operate the unit through 2033.