Mediterranean Sea
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.
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.
E&P Highlights: May 13, 2024
Here’s a roundup of the latest E&P headlines, with a couple fields coming online, as well as new contract awards.
Valaris’ 1Q Sets Positive Tone for Offshore
Coming out of first-quarter 2024, drilling contractor Valaris expects a sustained upcycle for the offshore drilling industry supported by demand growth, OPEC+ production cuts and supportive commodity prices.
Rystad: More Deepwater Wells to be Drilled in 2024
Upstream majors dive into deeper and frontier waters while exploration budgets for 2024 remain flat.
E&P Highlights: Feb. 26, 2024
Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.
Cronos Appraisal Confirms Discovery Offshore Cyprus
Eni-operated block partner TotalEnergies says appraisal confirms the presence of significant resources and production potential in the block.
PGS Awarded Exploration Contract in Mediterranean
PGS’ contract has a total duration of approximately 160 days.
Despite Spooky Start, Transocean Walking Out of Graveyard
Despite another quarter of losses, Transocean argues it is still poised for a strong 2024.
What's Affecting Oil Prices This Week? (Oct. 09, 2023)
If the flow of oil is not disrupted amid conflict, Stratas Advisors expects the risk premium will start eroding and the previous price dynamics will return.