The new report examines market opportunities for CO2 utilization, techno-economic and life-cycle assessments of current technologies, research and development needs, potential policy and regulatory frameworks, and enabling infrastructure. SourceContinue Reading
Recently, Talos agreed to acquire a 21.4% W.I. in Monument, a large Wilcox oil and gas discovery located in Walker Ridge blocks 271, 272, 315, and 316, for $32 million. Monument will be developed as a subsea tie-back to the Shenandoah production facility in Walker Ridge. The Monument discovery is post-FID with appraised proved plus...Continue Reading
The deal will increase Occidental’s production 5% to about 1.32 MMboed in 2024, with the extra coming from the Permian basin, the Houston-based company said in a statement Wednesday. Capital spending will increase about 6% to $6.9 billion. SourceContinue Reading
The new build FSO, based on a Suezmax-type hull, will be equipped with a Disconnectable Turret Mooring (“DTM”) system designed by SBM Offshore. The FSO will be moored in water depth of about 2,500 m and will be able to store around 950,000 bbl of crude oil. SourceContinue Reading
PETRONAS has achieved success offshore Suriname with the Sloanea-2 appraisal well in Block 52, which was drilled in June. This accomplishment has bolstered PETRONAS’ prospects in the basin and opens the possibility of developing a standalone Floating Liquified Natural Gas (FLNG) project at the field in the future. SourceContinue Reading
Halliburton will provide a wide range of services to include fluids, completion equipment, wireline, slickline, flowback services, and coiled tubing, integrating and coordinating these services through Halliburton’s project management service line to ensure efficient and effective execution. SourceContinue Reading
The D.C. Circuit court ruling is a setback for the company, which inked a preliminary deal with Saudi energy giant Aramco to buy the super-chilled fuel from an expansion at the South Texas plant known as Rio Grande LNG. SourceContinue Reading
Honeywell’s Emissions Management Suite is now Hazardous Location (HazLoc) and marine certified, making it one of the industry’s first end-to-end solutions for offshore oil and gas assets to measure, monitor, report and reduce emissions. SourceContinue Reading
The D.C. Circuit court ruling is a setback for the company, which inked a preliminary deal with Saudi energy giant Aramco to buy the super-chilled fuel from an expansion at the South Texas plant known as Rio Grande LNG. SourceContinue Reading
The unnamed minister and the director of his office were accused of behavior “inconsistent with their job duties,” according to a statement. The move fuels uncertainty in an industry beset by unrest, with oil production frequently hostage to struggles between dueling administrations in Tripoli and the east. SourceContinue Reading
