Over 1 Million in Texas Without Power, Freeport LNG Restart Pending After Beryl

The slow restoration of power continues hindering some companies' efforts to quickly return operations to normal, especially around Freeport, one of Texas' largest energy hubs.

July 11, 2024

Offshore Guyana: ‘The Place to Spend Money’

Exxon Mobil, Hess and CNOOC are prepared to pump as much as $105 billion into the vast potential of the Stabroek Block.

July 9, 2024

Oil, Gas Industry Braces for Storm After Beryl Shifts Toward Houston

Chevron and Shell have evacuated offshore platforms as Tropical Storm Beryl could grow into a Category 2 hurricane when it makes landfall in the Houston area on July 8.

July 7, 2024

Kosmos Energy Reports First Oil Production at GoM’s Winterfell

Winterfell, operated by Beacon Offshore Energy, will produce high margin barres with a quick payback, Kosmos CEO Andrew G. Inglis said.

July 3, 2024

Oceaneering Awarded Multiple GoM Vessel Services Contracts

Oceaneering also secured two separate pricing agreements that include the use of new technologies from its integrated, customizable IMR service.

July 2, 2024

E&P Highlights: July 1, 2024

Here’s a roundup of the latest E&P headlines, including the Israeli government approving increased gas export at the Leviathan Field and Equinor winning a FEED contract for the all-electric Fram Sør Field.

July 1, 2024

Sempra, Aramco Sign HOA for Port Arthur LNG Phase 2 Offtake

Sempra and Aramco executed a non-binding Heads of Agreement  for LNG offtake from Port Arthur LNG Phase 2, while contemplating the Saudi Arabian energy giant to grab a 25% project-level equity in Phase 2.

June 26, 2024

Ex-BP America Chair Dave Lawler to Lead Kimmeridge’s South Texas Gas E&P

Separately, Kimmeridge has purchased more than 90% control of Gulf Coast LNG developer Commonwealth LNG.

June 25, 2024

E&P Highlights: June 24, 2024

Here’s a roundup of the latest E&P headlines, including TotalEnergies working with Nigeria to reach FID on the Ubeta gas field and Chevron signing production sharing contracts for two blocks offshore Equatorial Guinea.

June 24, 2024

Oceaneering Nabs GoM Umbilical Contract Worth $50MM

Offshore services firm Oceaneering secured a large contract with a domestic independent energy customer in the Gulf of Mexico.

June 20, 2024