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.
APA Corp., TotalEnergies Announce $10.5B FID on ‘Goliath’ Sized Deal Offshore Suriname
APA and TotalEnergies’ offshore Suriname GranMorgu development is estimated to hold recoverable reserves of more than 750 million barrels.
US Postpones Planned Wind Auction Offshore Oregon
BOEM said it received bidding interest from only one of the five companies that qualified to participate in the Oct. 15 lease auction.
CNOOC Brings Online Phase 2 of Natgas Project in South China Sea
CNOOC’s Shenhai-1Natural Gas Development Project is expected to reach peak production in 2025.
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.
Hurricane Helene Shuts in Nearly 30% of GoM Crude Production
Bumped up to hurricane classification on Sept. 25, Hurricane Helene has shut in 29% of crude and 17% of natural gas production in the Gulf of Mexico as it nears landfall in Florida tomorrow.
About 16% Crude Production Shut in GoM Due to Tropical Storm Helene
About 16% of crude production in the U.S. Gulf of Mexico on Sept. 24 were shut-in in response to Tropical Storm Helene.
Golar LNG Enters $1.6B EPC Agreement for FLNG Project
Golar said the floating LNG vessel has a liquefaction capacity of 3.5 million tons of LNG per annum and is expected to be delivered in fourth-quarter 2027.
Mattr Sells Brazilian Pipe Coating Business to Vallourec for $17.5MM
Vallourec Tubular Solutions will acquire 100% of the shares of Thermotite, Mattr’s last remaining pipe coating business.
Industry Warns Ruling Could Disrupt GoM Oil, Gas Production
The energy industry slammed a reversal on a 2020 biological opinion that may potentially put an indefinite stop to oil and gas operations in the Gulf of Mexico—by December.