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ExxonMobil and Guyana expect to approach 1 million B/D of oil as the ONE Guyana vessel reaches the Stabroek block.
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The offshore Mauritania and Senegal project’s initial phase will deliver around 2.4 mtpa of LNG once fully commissioned.
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The French major will supply the Caribbean country with LNG supplies while agreeing to take supplies from future Texas project.
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Stonepeak will pay $5.7 billion for 40% interest in the project due for FID later this year.
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Terra Drone will support Aramco's operations and Saudi Arabia's technological and economic progress.
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Offshore activity is expected to begin in 2027 with first oil from the 20K-psi project slated for 2028.
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The strategic buyout of Portugal’s Galp is ADNOC’s first investment in Mozambique as it continues to grow its lower-carbon LNG portfolio.
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Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.
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Plugging operations are scheduled to begin early 2026.
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The shallow-water subsea tieback to the Jupiter platform is expected to produce about 250 MMcf/D of gas at peak.