Jaxon
Caines
Hart Energy
Deepwater Production Set to Reach Astronomical Heights by 2030
WoodMac projects deepwater oil and gas production to increase 60% by 2030, reaching 17 million boe/d.
Halliburton Advances Downhole Completion Technology in Brazil
Halliburton plans to continue updating its Fuzion-EH downhole connector for implementation by Brazil’s Petrobras in 2023.
Equinor to Drill 25 Exploration Wells Off Norway Next Year
A “small handful” of wells will be drilled in the Norwegian and the Barents Seas each, Jez Averty, Equinor’s head of exploration and production in Norway, told Reuters on the sidelines of an energy conference.
Frontera, CGX to Spud Wei-1 Offshore Guyana by January
Frontera Energy, CGX Energy and the Guyana government have agreed to a timeline that will see the two IOCs drill the Wei-1 well in the Corentyne Block offshore no later than Jan. 31.
APA Corp. Says Awari Well Non-Commercial Offshore Suriname
APA Corp. and TotalEnergies, joint venture partners offshore Suriname in Block 58, deemed the Awari exploration well non-commercial but are eager to start flow-test operations at the Sapakara South-2 (SPS-2) appraisal well, Houston-based APA reports.
New Fortress Energy to Develop FLNG at Deepwater Lakach Field
New Fortress Energy agreed with state-owned Pemex for the continued development of the deepwater Lakach Field as well as deployment of a 1.4 mtpa FLNG unit to commercialize the bulk of the production abroad.
Suriname to See $23 Billion Deepwater Boom While Venezuela Struggles
Rystad Energy foresees investments offshore Suriname reaching $23 billion through 2031 driven by activities in Block 58 while it says political uncertainties continue to muddy the outlook for Venezuela.
Mozambique's First LNG Cargo Departs for Europe
Operated by the Eni-led Area 4 Partners joint venture, Mozambique's Coral Sul Floating LNG facility has the capacity to produce up to 3.4 million tonnes of LNG a year.
Baker Hughes Looks to Spearhead an All-Electric Offshore Environment
Not only does the Baker Hughes all-electric subsea tieback reduce topside footprint, it also reduces capex costs by 15%.
MODEC Wins FEED Contract for Exxon Mobil Project Offshore Guyana
Targeted to begin production in 2026, MODEC’s contract would be for the fifth FPSO to produce oil from Exxon Mobil’s operated deepwater Stabroek Block.