Woodside is preparing to give the go-ahead for its Louisiana LNG project as it looks beyond its core markets in Asia. “Louisiana LNG helps us to secure a material presence in the Atlantic Basin into European consumers,” CEO Meg O’Neill said in a Bloomberg TV interview. SourceContinue Reading
Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating exploration and production projects at a key moment in the nation’s effort to boost crude output. SourceContinue Reading
bp today reached agreement on all contractual terms with Iraq to invest in several giant oil fields in Kirkuk providing for the rehabilitation and redevelopment of the fields, spanning oil, gas, power and water with potential for investment in exploration. SourceContinue Reading
“America’s energy sector shouldn’t pick winners or losers; it should allow the free market to provide rock-bottom prices.” Texas Railroad Commissioner Wayne Christian gives his take on energy subsidies and the dangers of runaway government spending in this Op-Ed. SourceContinue Reading
TGS has been awarded a 4D streamer contract acquisition project in the Barents Sea covering the Goliat 4D field operated by Vår Energi. The Goliat 4D project is scheduled to start in July with a total duration of approximately 20 days. SourceContinue Reading
Atlas Energy Solutions has completed its previously announced acquisition of Moser Energy Systems. The addition of Moser to Atlas’ existing businesses strengthens its portfolio of proppant, logistics (including the Dune Express), and distributed power solutions. SourceContinue Reading
Black Gold Exploration Corp. (BGX) has commenced drilling on the Fritz 2-30 oil and gas well in Clay County, Ind. BGX recently acquired a 10% working interest in the well and an option to participate in any offset developmental wells in a 210-acre area of mutual interest from the operator, Adler Energy. SourceContinue Reading
Chevron’s presence in Venezuela has helped lift the nation’s crude production back above 1 million bpd, in turn boosting the local economy. Now U.S. President Trump is poised to leverage this to get what he wants from Venezuelan President Nicolás Maduro. SourceContinue Reading
TGS has been awarded a 4D streamer contract acquisition project in the Barents Sea covering the Goliat 4D field operated by Vår Energi. The Goliat 4D project is scheduled to start in July with a total duration of approximately 20 days. SourceContinue Reading
Saipem and Subsea7 have announced a memorandum of understanding (MoU) has been reached for a likely mega-merger to join the two companies. The entity will be renamed Saipem7, and the deal is expected to deliver significant value to shareholders of both Saipem and Subsea7. SourceContinue Reading
