E&P Highlights: Oct. 14, 2024
Here’s a roundup of the latest E&P headlines, including another delay at one of the largest gas fields in the world and two major contracts in West Africa.
Exclusive: Chevron’s Big Worry for the Permian Basin? Infrastructure
Colin Parfitt, the president of midstream for Chevron, said U.S. permitting can be slow and the LNG has only exacerbated concerns about moving Permian gas to Gulf Coast export terminals.
Tellurian Stockholders Approve $900MM Woodside Acquisition
Woodside Energy has said it expects to close the acquisition of Tellurian, and its Driftwood LNG permitted facility, by December.
Energy Transition in Motion (Week of Oct. 4, 2024)
Here is a look at some of this week’s renewable energy news, including the startup of a solar module manufacturing facility with an annual 2-gigawatt capacity.
Exclusive: Sheffield Clears the Air, Formentera is Not Just a PDP Buyer
Formentera Founder and Partner Bryan Sheffield delves into the company's drilling operations including the unique history of how Formentera took up assets in Australia's Beetaloo, in this Hart Energy Exclusive interview.
Woodside on the Prowl for Driftwood Partners, Gas Suppliers
Australian natural gas and LNG exporter Woodside Energy, which recently agreed to acquire Tellurian in a deal valued at $1.2 billion, isn’t yet looking to develop an upstream U.S. onshore position to secure gas for Driftwood LNG.
Macquarie Buys Up to $1.73B Stake in D.E. Shaw Renewable Investments
Macquarie Asset Management is acquiring a minority stake in D.E. Shaw Renewable Investments in an equity investment of up to $1.73 billion.
Energy Transition’s Big Ticket Item? $1.5T in Natgas Infrastructure
Energy executives from companies such as Cheniere and Woodside are planning for the energy transition—and natural gas as part of it.
Woodside to Maintain at Least 50% Interest in Driftwood LNG
Australia’s Woodside Energy plans to maintain at least a 50% interest in the 27.6 mtpa Driftwood LNG project that it's buying from Tellurian, CEO Meg O’Neill said during a media briefing at Gastech in Houston.
Pitts: Is the Permian-Mexico-Asia Gas Route at Risk?
Delayed construction of Mexican LNG projects hinders U.S. producers’ ability to improve access to thriving markets.