E&P Highlights: Jan. 6, 2025
Here’s a roundup of the latest E&P headlines, including company resignations and promotions and the acquisition of an oilfield service and supply company.
Sintana Reports Two Discoveries Offshore Namibia
Sintana Energy Inc. said the Mopane-2A well found gas condensate in one reservoir and light oil in a smaller one.
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.
QatarEnergy Joins Joint Venture Offshore Namibia
QatarEnergy acquired a 27.5% stake in petroleum exploration license 90 offshore Namibia.
BP, ADNOC Investment Firm Launch NatGas-Focused JV
BP and ADNOC agreed to establish a new regional gas firm, Arcius Energy, to focus on developing Egyptian gas assets.
Kosmos in Talks to Acquire UK’s Tullow Oil in All-Stock Deal
Kosmos Energy is in early discussions to acquire U.K.-based Tullow Oil in an all-stock transaction, the companies confirmed.
New Fortress Lands Agreement for LNG Platform Offshore Egypt
New Fortress Energy said the Energos Eskimo floating storage and regasification unit will begin operations in the summer of 2025.
Shell Settles Lawsuit Against Greenpeace Over Activists Boarding Oil Vessel
Shell took legal action after Greenpeace activists boarded a vessel in January 2023 near the Canary Islands off the Atlantic coast of northern Africa to protest against oil drilling, travelling on it as far as Norway.
E&P Highlights: Dec. 2, 2024
Here’s a roundup of the latest E&P headlines, including production updates and major offshore contracts.
Drilling Tools International to Buy UK’s Titan Tools Services
Drilling Tools International said the acquisition of U.K.-based Titan will enhance its market presence in the North Sea, Europe and Africa.