Element Six, Master Drilling Announce Tunnel Development Partnership
Element Six and Master Drilling will deliver a diamond-enabled solution designed to increase tunneling development speed, reducing costs and minimize the environmental impact of tunnel construction.
Chevron Completes Farm-In Offshore Namibia
Chevron now has operatorship and 80% participating interest in Petroleum Exploration License 82 offshore Namibia.
PE Firm Bluewater to Sell Apex International Energy
Since Bluewater first invested in Apex International Energy in 2018, the company has grown to be one of the top 10 upstream producers in Egypt.
TotalEnergies' Mozambique LNG Project Faces Delay Beyond 2029
TotalEnergies' $20 billion Mozambique LNG project will not be operational by 2029 as hoped, the French oil major said on Jan. 22, citing the need to end force majeure and ensure security at the project site.
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.