Rystad: More Deepwater Wells to be Drilled in 2024
Upstream majors dive into deeper and frontier waters while exploration budgets for 2024 remain flat.
E&P Highlights: Feb. 26, 2024
Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.
After 4Q Struggles, Transocean’s Upcycle Prediction Looks to Pay Off
As Transocean executives predicted during third-quarter earnings, the company is in the middle of an upcycle, with day rates and revenues reaching new heights.
Woodside’s Pluto Train 2 Nears 2026 Start Up with Modules Delivery
First 3 of 51 modules have arrived on site in Western Australia for the onshore LNG project that will receive gas from the offshore Scarborough project.
E&P Highlights: Feb. 16, 2024
From the mobile offshore production unit arriving at the Nong Yao Field offshore Thailand to approval for the Castorone vessel to resume operations, below is a compilation of the latest headlines in the E&P space.
Valaris Updates Fleet Status
The backlog of these contracts and extensions is valued at $1.2 billion.
Woodside, Santos Scrap M&A Talks for $52B Combination
After nearly two months of due diligence and negotiations, Woodside did not offer a firm bid price for Santos, sources said.
E&P Highlights: Feb. 5, 2024
Here’s a roundup of the latest E&P headlines, including an update on Enauta’s Atlanta Phase 1 project.
NOV's AI, Edge Offerings Find Traction—Despite Crowded Field
NOV’s CEO Clay Williams is bullish on the company’s digital future, highlighting value-driven adoption of tech by customers.
Energy Transition in Motion (Week of Feb. 2, 2024)
Here is a look at some of this week’s renewable energy news, including a utility’s plans to add 3.6 gigawatts of new solar and wind facilities by 2030.