Hirs: America Confronts Sovereign Risk with Recession on the Horizon
The risk to U.S. oil and gas production comes from within, and a recession looms on the horizon.
UK Gas Producer Energean Terminates Carlyle Deal Over Approval Delays
The company said that the two parties were unable to agree on an extension of the long-stop date beyond March 20 to meet the conditions of the agreement.
Golar LNG Signs $1.2B FLNG Gimi Debt Facility with Chinese Consortium
Golar has agreed to a $1.2 billion sale leaseback facility with a consortium of Chinese leasing companies for the refinancing of its existing FLNG Gimi debt facility.
E&P Highlights: March 17, 2025
Here’s a roundup of the latest E&P headlines, from Shell’s divestment to refocus its Nigeria strategy to a new sustainability designation for Exxon Mobil’s first FPSO off Guyana.
BW Energy Announces Oil Discovery Offshore Gabon
Initial data from BW Energy’s find offshore Gabon shows potential for a new development cluster, according to BW’s CEO.
E&P Highlights: March 3, 2025
Here’s a roundup of the latest E&P headlines, from planned Kolibri wells in Oklahoma to a discovery in the Barents Sea.
Advanced Tech Not Delivering Results? Get Skillsets Up to Speed, EY Says
The EY Future of Energy Survey found that a skill gap runs across the oil and gas industry, making it difficult for advanced technologies to deliver on their promised results, an EY executive said.
E&P Highlights: Feb. 24, 2025
Here’s a roundup of the latest E&P headlines, from a sale of assets in the Gulf of Mexico to new production in the Bohai Sea.
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.