PGS Awarded 3D Exploration Contract in Asia Pacific
PGS’ Ramform Sovereign is scheduled to mobilize for the survey this December.
E&P Highlights: Dec. 4, 2023
Here’s a roundup of the latest E&P headlines including a number of field development project contract awards.
TotalEnergies, Kazakhstan Sign Agreement to Develop $1.4B Wind Farm
TotalEnergies says the Mirny wind farm in Kazakhstan’s Zhambyl region will supply more than 1 million people with electricity.
Tenaris Acquires Mattr’s Pipe Coating Business Unit
Tenaris will acquire nine plants in Canada, Mexico, Norway, Indonesia, the UAE and the U.S.
DUG Appalachia: Gas-averse Regions Put Selves at Mercy of Weather
Regions trying to wean themselves off natural gas, like New England and Europe, are at risk of an energy crisis in a harsh weather event, says BOK Financial’s Dennis Kissler.
Energy Transition in Motion (Week of Dec. 1, 2023)
Here is a look at some of this week’s renewable energy news, including the establishment of a $30 billion climate fund.
Oil Falls Over 2% After OPEC + Cuts Fall Short Of Expectations
Saudi Arabia, Russia, Kuwait, Kazakhstan and Algeria were among producers who said cuts would be unwound gradually after the first quarter, market conditions permitting.
South Korea Grants Ørsted License for Offshore Wind Project
The project is expected to be complete in the early 2030s, subject to a final investment decision.
DESTEN Launches Rapid-charge Battery Tech
The battery is capable of charging from a 20% to 80% state of charge in six minutes.
CGG Announces Start of 2D Multi-client Seismic Program Offshore Malaysia
CGG received industry funding for the project and will deliver early products in December 2023 and final results in August 2024.