Keely Pearce’s appointment as Vice President, Operations adds a veteran offshore voice to Eco Atlantic, drawing on her previous experience at Shell plc and Impact Oil & Gas to guide appraisal-well planning across Guyana, Namibia and South Africa. SourceContinue Reading
Murphy Oil’s HSV-2X appraisal in Block 15-2/17 offshore Vietnam encountered 429 ft of net oil pay and deepened the hydrocarbon column without water, strengthening the field’s high-case resource outlook as further appraisal continues. SourceContinue Reading
U.S. Energy Secretary Chris Wright says the United States will control Venezuelan oil exports indefinitely, using sales revenue to support economic rebuilding and leverage reforms. SourceContinue Reading
Energy NL has announced the passing of Bob Cadigan, its CEO from 2008 to 2017, remembering his advocacy for offshore Newfoundland and Labrador suppliers and his drive to expand local expertise into global markets. SourceContinue Reading
ADNOC has taken final investment decision for the SARB Deep Gas Development in the Ghasha concession, aiming at 200 MMscf/d via Das Island tie-backs and remote platform operations later this decade. SourceContinue Reading
Analysts at Australia and New Zealand Banking Group Ltd. (ANZ) caution that meaningful growth in Venezuela’s oil production is unlikely before the end of the decade, as capital intensity, aging infrastructure and sanctions risk point to longer project timelines than the industry norm. SourceContinue Reading
Rystad Energy analysts say Venezuela has a technical route to rebuild production toward 3 million bpd, but the milestone would only be achievable around 2040 and would require approximately $183 billion in cumulative oil and gas investment beginning in 2026. SourceContinue Reading
Halliburton has launched the Hypersteer MX matrix-body directional drill bit, addressing erosion and abrasion challenges in high-flow shale wells to enable longer runs and reduced well construction time. SourceContinue Reading
IPAA is asking the U.S. Environmental Protection Agency to revise Subpart W methane reporting rules, saying current definitions and emission factors create disproportionate costs for small and marginal-well operators. SourceContinue Reading
InCapture has awarded Wood the concept engineering phase for its G-15-AP CCS acreage offshore Australia, as appraisal drilling continues toward declaration of storage formation. SourceContinue Reading
