APA, TotalEnergies Aim for 'New Dawn' in Suriname with Massive GranMorgu Project
APA Corp. and TotalEnergies announced a $10.5 billion final investment decision for the GranMorgu project located offshore Suriname in Block 58. First production to come from a 220,000 bbl/d FPSO is slated to flow in 2028.
Chevron Gets Approval for Farm-in Offshore Uruguay
Chevron Corp. received approval for farm-in at the AREA OFF-1 block offshore Uruguay and along with partner CEG Uruguay SA eyes the acquisition of 3D seismic over the remainder of 2024.
Woodside on the Prowl for Driftwood Partners, Gas Suppliers
Australian natural gas and LNG exporter Woodside Energy, which recently agreed to acquire Tellurian in a deal valued at $1.2 billion, isn’t yet looking to develop an upstream U.S. onshore position to secure gas for Driftwood LNG.
Mexico Pacific Edging Saguaro LNG Toward FID to Move Permian Gas
Mexico Pacific CEO Sarah Bairstow shared her thoughts with Hart Energy on the outlook for the Saguaro Energía LNG project as it marches forward with plans to be the Permian’s relief valve on associated gas buildup.
Chevron’s Wirth: Biden Admin Needs to Embrace, not Attack Natgas
Chevron CEO Mike Wirth, speaking at Gastech Houston 2024, said natural gas offers a clear path to lowering CO2 emissions that only politics can derail.
E&P Highlights: Sept. 16, 2024
Here’s a roundup of the latest E&P headlines, with an update on Hurricane Francine and a major contract between Saipem and QatarEnergy.
Hunt Oil Offloads LNG Interests Via Indirect Sale to Aramco
Hunt Oil is selling 15% interest in Peru LNG to MidOcean, an LNG company managed by EIG in which Aramco is an investor.
Pitts: Is the Permian-Mexico-Asia Gas Route at Risk?
Delayed construction of Mexican LNG projects hinders U.S. producers’ ability to improve access to thriving markets.
Engelhart Completes Acquisition of Global Commodities Trader Trailstone
Engelhart Commodities Trading Partners’ acquisition marries its power, gas and oil trading business with Riverstone-backed Trailstone, which is largely focused on renewables power trading.
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.