New Fortress’ Fast LNG 1 Running Again Following Maintenance
New Fortress Energy's FLNG1 site will now ramp up and hit full production by September, company officials reported.
Mexico’s Fast LNG Ships Out First Cargo—for Mexico
New Fortress Energy’s Fast LNG 1 project in Mexico will take an international route to a domestic destination.
Subsea 7 Secures Sizable GoM Contract
Offshore activity on Subsea7’s project is expected to begin in 2026.
Equinor, Dominion Place Winning Bids in US Offshore Wind Sale
The offshore wind lease sale for two areas in the Central Atlantic brought in nearly $93 million, according to the U.S. Bureau of Ocean Energy Management.
Shell Offshore Takes FID on Waterflood Project in GoM
Shell Offshore’s waterflood secondary recovery process involves injecting water into the reservoir formation to extract oil.
Talos Buys Interests in Monument GoM Development
Talos Energy acquired a 21.4% interest in Monument in the U.S. Gulf of Mexico for $32 million in the second quarter. First production of up to 30,000 gross boe/d is expected by late 2026.
Chevron’s Gulf of Mexico Anchor Project Begins Production
Chevron and TotalEnergies’ $5.7 billion floating production unit has a gross capacity of 75,000 bbl/d and 28 MMcf/d.
Kosmos’ Stars Shine Bright in 2Q
With the startups of Jubilee Southeast and Winterfell, Kosmos Energy is halfway to achieving its production goal.
The EPC Market Keeps Its Head Above Water
While offshore investments are rising, particularly in deepwater fields, challenges persist due to project delays and inflation, according to Westwood analysis.
E&P Highlights: Aug. 5, 2024
Here’s a roundup of the latest E&P headlines, including new oil discoveries and an implementation of AI technology in operations offshore United Arab Emirates.