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.
Cheniere, Galp Sign LNG Agreement for Sabine Pass Expansion
Under the 20-year sale and purchase agreement, Galp Trading will purchase 0.5 mtpa from Cheniere Marketing on a free-on-board basis.
Genesis Energy: First Oil at GoM Field Pushed Back to 2Q 2025
Genesis Energy’s is awaiting a floating production vessel to connect its SYNC pipeline in the Gulf of Mexico to the delayed Shenandoah deepwater project.
Transocean Announces $531MM GoM Contract with BP
BP’s contract with a Transocean vessel is expected to culminate in a drilling program beginning in first-quarter 2025.
BP Takes FID on US GoM Development Kaskida
BP has taken a final investment decision on its Kaskida development in the U.S. GoM, with production of 80,000 bbl/d expected to start flowing in 2029.
Energy Transition in Motion (Week of July 26, 2024)
Here is a look at some of this week’s renewable energy news, including news on another U.S. hydrogen hub.