E&P Highlights: March 15, 2024
Here’s a roundup of the latest E&P headlines, including a new discovery and offshore contract awards.
Will the Ends Justify the Means for W&T Offshore?
After several acquisitions toward the end of 2023, W&T Offshore executives say the offshore E&P is poised for a bounce-back year in 2024.
Everywhere All at Once: Woodside CEO Touts Current Global Portfolio
Meg O’Neill, the CEO of Australian energy giant Woodside Energy, is overseeing the “next wave” of growth projects around the globe, including developments in the Gulf of Mexico, offshore Senegal and further LNG expansion.
E&P Highlights: March 4, 2024
Here’s a roundup of the latest E&P headlines, including a reserves update and new contract awards.
Talos Closes $1.29B Acquisition of GoM E&P QuarterNorth
Talos Energy closed a cash-and-stock acquisition of QuarterNorth Energy, adding scale in the Gulf of Mexico.
Exclusive: Despite Uncertainty, NatGas Balances Out
McKinsey and Co.'s Luciano Di Fiori says the natural gas market is capable of balancing itself out—despite LNG permit approval pauses, midstream constraints and dependence on oil production—in this Hart Energy LIVE Exclusive interview with Editorial Director Jordan Blum.
Rystad: More Deepwater Wells to be Drilled in 2024
Upstream majors dive into deeper and frontier waters while exploration budgets for 2024 remain flat.
Repsol Eyes Increasing Core US Upstream Business
Madrid-based Repsol SA will invest €$2.2 billion (US$2.38 billion) between 2024-2027 on its unconventional assets in the Marcellus and Eagle Ford as it focuses on increasing its core U.S. upstream business platform.
In Shooting for the Stars, Kosmos’ Production Soars
Kosmos Energy’s fourth quarter continued the operational success seen in its third quarter earnings 2023 report.
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.