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.
After 4Q Struggles, Transocean’s Upcycle Prediction Looks to Pay Off
As Transocean executives predicted during third-quarter earnings, the company is in the middle of an upcycle, with day rates and revenues reaching new heights.
Green Swan Seeks US Financing for Global Decarbonization Projects
Green Swan, an investment platform seeking to provide capital to countries signed on to the Paris Agreement, is courting U.S. investors to fund decarbonization projects in countries including Iran and Venezuela, its executives told Hart Energy.
BP: Gimi FLNG Vessel Arrival Marks GTA Project Milestone
The BP-operated Greater Tortue Ahmeyim project on the Mauritania and Senegal maritime border is expected to produce 2.3 million tonnes per annum during it’s initial phase.
Sangomar FPSO Arrives Offshore Senegal
Woodside’s Sangomar Field on track to start production in mid-2024.
E&P Highlights: Feb. 12, 2024
Here’s a roundup of the latest E&P headlines, including more hydrocarbons found offshore Namibia near the Venus discovery and a host of new contract awards.
TotalEnergies Starts Production at Akpo West Offshore Nigeria
Subsea tieback expected to add 14,000 bbl/d of condensate by mid-year, and up to 4 MMcm/d of gas by 2028.
NOV's AI, Edge Offerings Find Traction—Despite Crowded Field
NOV’s CEO Clay Williams is bullish on the company’s digital future, highlighting value-driven adoption of tech by customers.
E&P Highlights: Jan. 29, 2024
Here’s a roundup of the latest E&P headlines, including activity at the Ichthys Field offshore Australia and new contract awards.
Second Light Oil Discovery in Mopane-1X Well
Galp Energia's Avo-2 target in the Mopane-1X well offshore Namibia delivers second significant column of light oil.