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.
Exxon Mobil, Hess and CNOOC are prepared to pump as much as $105 billion into the vast potential of the Stabroek Block.
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.
Winterfell, operated by Beacon Offshore Energy, will produce high margin barres with a quick payback, Kosmos CEO Andrew G. Inglis said.
Oceaneering also secured two separate pricing agreements that include the use of new technologies from its integrated, customizable IMR service.
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.
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.
Separately, Kimmeridge has purchased more than 90% control of Gulf Coast LNG developer Commonwealth LNG.
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.
Offshore services firm Oceaneering secured a large contract with a domestic independent energy customer in the Gulf of Mexico.