TGS to Conduct Ocean-Bottom Node Survey Offshore Trinidad
TGS has awarded a client a shallow water ocean bottom node contract offshore Trinidad.
BP’s Cypre Development Off Trinidad and Tobago Delivers First Gas
BP Trinidad and Tobago said the Cypre development is projected to deliver approximately 45,000 boe/d at peak.
INEOS Buys CNOOC’s Gulf Assets, Bringing US Deals Total to $3B
INEOS Energy closed an acquisition of U.S. Gulf assets held by a CNOOC subsidiary. Combined with a previous LNG agreement and acquisition of Eagle Ford Shale assets, the British company has spent $3 billion in the U.S.
E&P Highlights: March 31, 2025
Here’s a roundup of the latest E&P headlines, from a big CNOOC discovery in the South China Sea to Shell’s development offshore Brazil.
Norges Bank Acquires $1.5B Stake in North Sea Wind Projects
Norges Bank’s deal with RWE includes the Nordseecluster wind farm in the German North Sea and the Thor wind farm in the Danish North Sea.
Woodside Awards SLB Drilling Contract for Project Offshore Mexico
SLB will deliver 18 ultra-deepwater wells for Woodside Energy’s Trion ultra-deepwater project starting in early 2026.
Woodside Divests Greater Angostura Assets to Perenco for $206MM
The Greater Angostura field produces approximately 12% of Trinidad and Tobago’s gas supply, said Woodside CEO Meg O’Neill in a press release.
DNO ‘Hot Streak’ Continues with North Sea Discovery
DNO ASA has made 10 discoveries since 2021 in the Troll-Gjøa exploration and development area.
TechnipFMC Awarded EPCI for Equinor’s Johan Sverdrup Phase 3
The Johan Sverdrup Field, which originally began production in 2019, is one of the largest developments in the Norwegian North Sea.
Ithaca Grows in UK North Sea with $193MM JAPEX Deal
Ithaca Energy is paying $193 million to acquire JAPEX UK E&P, which holds a 15% working interest in the Seagull oil field of the U.K. Central North Sea.