Gulf of Mexico
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Pair joins other E&Ps who have halted work in the area after disappointing results.
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While many expect oil and natural gas to retain their roles in the energy mix of 2050, the more significant question should not only be on how much oil and gas will be needed but from where the world will find it.
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The Biden Administration plans for a maximum of three lease sales in the Gulf of Mexico from 2024 to 2029.
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A recently signed contract lines the company up to provide autonomous ocean robots for inspection of the oil giant’s subsea field developments in the Gulf of Mexico.
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The discovery in the US Gulf of Mexico was tied back to the existing Shenzi tension-leg platform.
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Woodside confirms key contracts for deepwater Mexican Gulf development.
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The lease auction aims to advance the president’s commitment to deploy 30 GW of offshore wind energy by 2030.
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Norwegian energy company Equinor has acquired a 25% stake in the Bayou Bend CCS project from Houston-based Carbonvert.
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With the new contract, the goal is to roll into front-end engineering and design later this year, with vessel construction expected to commence in mid-2024.
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Work is to be executed offshore Congo, the US Gulf of Mexico, Romania, and Germany.