Industry News
ConocoPhillips Alaska Achieves First Oil at Nuna -Company plans to invest $1 billion annually in similar projects
This Article Brought to you by: ConocoPhillips Alaska announced the successful production of first oil from the Nuna drillsite 3T, in the Kuparuk River Unit (KRU), on Alaska’s North Slope this month. According to the company, the achievement was ahead of schedule and...
Woodside’s Trion Development Achieves Key Milestone -Begins Steel Fabrication for Trion Floating Production Unit, Marking Key Milestone in Offshore Mexico Development
Woodside Energy has reached a significant milestone in its Trion Development offshore Mexico with the start of steel fabrication for the semi-submersible floating production unit (FPU). The steel-cutting ceremony took place in November, 2024, at the HD Hyundai Heavy...
BREAKING INEOS Energy to acquire oil and gas assets in US Gulf of Mexico from CNOOC Energy Holdings USA Total Capital Spend on Energy Assets $3b
Breaking News Brought to you by: The third major investment by INEOS Energy in the USA, in the past three years. Capital spend on energy assets in the USA now exceeds $3bn, providing a strong platform for future growth. Deal includes interest in two high quality deep...
Shell takes investment decision for Phase 3 Silvertip project in the US Gulf of Mexico
News Brought to you by: Houston, Texas – Shell Offshore Inc., a subsidiary of Shell plc (Shell), announced a Final Investment Decision (FID) on the Phase 3 Silvertip project, which will deliver two wells to boost production at the Shell-operated Perdido spar in the US...
Shell and Equinor to create the UK’s largest independent oil and gas company
5 Dec 2024 London − Equinor UK Ltd, a subsidiary of Equinor ASA (OSE: EQNR, NYSE: EQNR, “Equinor”) and Shell U.K. Limited, a subsidiary of Shell plc (LSE: SHEL, NYSE: ADR SHEL, AMS EURONEXT: SHELL, “Shell”) are to combine their UK offshore oil and gas assets and...
BREAKING: $22.5 Billion Deal – ConocoPhillips completes acquisition of Marathon Oil Corporation
This article brought to you by: HOUSTON –ConocoPhillips (NYSE: COP) today announced that it has completed its acquisition of Marathon Oil Corporation (NYSE: MRO). “This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, adding to our deep, durable and...
TechnipFMC Awarded Major iEPCI™ Contract for TotalEnergies’ GranMorgu Development Offshore Suriname
Breaking news brought to you by: NEWCASTLE & HOUSTON, November 14, 2024 — TechnipFMC (NYSE: FTI) (“the Company”) has been awarded a major(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by TotalEnergies for...
Breaking $3.95 BILLION Deal: Coterra Announces Accretive Permian Basin Acquisitions
News Brought to You by: HOUSTON — (BUSINESS WIRE) — Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today announced it has entered into two separate definitive agreements to acquire certain assets of Franklin Mountain Energy and Avant Natural Resources...
ExxonMobil Secures Largest CO2 Offshore Storage Site in the U.S.
This News Article is Brough to you by: ExxonMobil has secured access to over 271,000-acres in Texas state waters; ideal for CO2 storage Agreement will directly benefit the Texas Permanent School Fund Latest example of ExxonMobil’s leadership in building a carbon...
News in Offshore “GranMorgu” : APA Announces Final Investment Decision for First Oil Development Offshore Suriname
Breaking News Brought to you by: Oct 01, 2024 50-50 joint venture with TotalEnergies’ subsidiary (Block 58 operator) for 220,000 barrels of oil per day Floating Production Storage and Offloading (FPSO) unit First oil production from the Krabdagu and Sapakara fields...