Equinor Brings Solar Plant Online in Brazil
Equinor says the Mendubim solar plant will produce 1.2 terawatt hours of power annually.
Exxon Versus Chevron: The Fight for Hess’ 30% Guyana Interest
Chevron's plan to buy Hess Corp. and assume a 30% foothold in Guyana has been complicated by Exxon Mobil and CNOOC's claims that they have the right of first refusal for the interest.
New Fortress Starts Barcarena LNG Terminal Operations in Brazil
New Fortress’ facility consists of an offshore terminal and an FSRU that will supply LNG to several customers.
Rystad: More Deepwater Wells to be Drilled in 2024
Upstream majors dive into deeper and frontier waters while exploration budgets for 2024 remain flat.
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.
Valaris Updates Fleet Status
The backlog of these contracts and extensions is valued at $1.2 billion.
E&P Highlights: Feb. 12, 2024
Here’s a roundup of the latest E&P headlines, including more hydrocarbons found offshore Namibia near the Venus discovery and a host of new contract awards.
Curtiss-Wright to Deploy Subsea System at Petrobras' Campos Field
Curtiss-Wright and Petrobras will combine capabilities to deploy a subsea canned motor boosting system at a Petrobras production field in the Campos Basin.
Tech Trends: SLB's Autonomous Tech Used for Drilling Operations
SLB says autonomous drilling operations increased ROP at a deepwater field offshore Brazil by 60% over the course of a five-well program.
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.