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.

DNO, OKEA Trade Prospect Interests in Norwegian Sea

DNO picked up shares in the Mistral prospect of the Norwegian Sea while reducing its stake in the Horatio prospect.

Reliance Exercises Four-Well Option on Transocean Rig

Transocean Ltd. says the 270-day program will contribute about $111 million in backlog.

Petrobras Awards Seadrill Two Drillship Contracts Off Brazil

Seadrill said the West Jupiter and West Tellus contracts both have a three-year duration and will add nearly $1 billion to the company’s backlog.

QatarEnergy Joins Joint Venture Offshore Namibia

QatarEnergy acquired a 27.5% stake in petroleum exploration license 90 offshore Namibia. 

E&P Highlights: Dec. 16, 2024

Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.