Talos Energy CEO Tim Duncan Steps Down; Mills to Take Helm
An analyst said Talos Energy President and CEO Tim Duncan was forced out over share price performance, although other factors may have played a role.
E&P Highlights: Aug. 26, 2024
Here’s a roundup of the latest E&P headlines, with Ovintiv considering selling its Uinta assets and drilling operations beginning at the Anchois project offshore Morocco.
How Chevron’s Anchor Took on the ‘Elephant’ in the GoM’s Deepwater
First oil at Chevron's deepwater Anchor project is a major technological milestone in a wider industry effort to tap giant, ultra-high-pressure, high-temperature reservoirs in the Gulf of Mexico.
E&P Highlights: Aug. 19, 2024
Here’s a roundup of the latest E&P headlines including new seismic solutions being deployed and space exploration intersecting with oil and gas.
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.