NSTA Offers 31 More Licenses in Latest Licensing Round
The leasing round attracted 115 bids from 76 companies vying for 257 blocks and partial blocks in the U.K. Continental Shelf.
SLB, OneSubsea, Subsea 7 Sign Collaboration Deal with Equinor
Work is expected to begin immediately on Equinor’s Wisting and Bay Du Nord projects.
Exxon’s Guyana Gas Project a “Win-Win,” Set for Hook-up by Year-end ‘24
Exxon Mobil Corp. CEO Darren Woods said the company’s gas-to-power project in Guyana is a “win-win proposition particularly for the people of Guyana” when completed and hooked-up by year-end 2024.
Talos Energy Expands Leadership Team After $1.29B QuarterNorth Deal
Talos Energy President and CEO Tim Duncan said the company has expanded its leadership team as the company integrates its QuarterNorth Energy acquisition.
Guyana’s Stabroek Boosts Production as Chevron Watches, Waits
Chevron Corp.’s planned $53 billion acquisition of Hess Corp. could potentially close in 2025, but in the meantime, the California-based energy giant is in a “read only” mode as an Exxon Mobil-led consortium boosts Guyana production.
US Interior Department Releases Offshore Wind Lease Schedule
The U.S. Interior Department’s schedule includes up to a dozen lease sales through 2028 for offshore wind, compared to three for oil and gas lease sales through 2029.
Rhino Taps Halliburton for Namibia Well Work
Halliburton’s deepwater integrated multi-well construction contract for a block in the Orange Basin starts later this year.
Ithaca Energy to Buy Eni's UK Assets in $938MM North Sea Deal
Eni, one of Italy's biggest energy companies, will transfer its U.K. business in exchange for 38.5% of Ithaca's share capital, while the existing Ithaca Energy shareholders will own the remaining 61.5% of the combined group.
Deepwater Roundup 2024: Americas
The final part of Hart Energy E&P’s Deepwater Roundup focuses on projects coming online in the Americas from 2023 until the end of the decade.
Galp Seeks to Sell Stake in Namibia Oilfield After Discovery, Sources Say
Portuguese oil company Galp Energia has launched the sale of half of its stake in an exploration block offshore Namibia.