Gulf of Mexico

The lease auction aims to advance the president’s commitment to deploy 30 GW of offshore wind energy by 2030.

Norwegian energy company Equinor has acquired a 25% stake in the Bayou Bend CCS project from Houston-based Carbonvert.

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.

Work is to be executed offshore Congo, the US Gulf of Mexico, Romania, and Germany.  

The US Department of Energy is planning the country’s largest solar power initiative, while hydrogen and carbon dioxide pipelines spread around the world and ADNOC bets on hydrogen.

The Pickerel-1 well encountered 90 ft of high-quality oil-bearing Miocene reservoir and will be tied back to the Tubular Bells production facilities.

The lease area has the potential to support enough offshore wind power to run more than 1 million homes.

The emissions intensity of production is expected to decline further because of the continued shift toward newer and more productive operations in the deep water and other factors.

The component is part of a full subsea deepwater completion/intervention system being designed by Expro for use on the Chevron tieback.

The supermajor redefined its Mad Dog II development in three key ways: a blank-sheet redesign to cut costs, altering the way it works as a result of the COVID-19 pandemic, and a digital twin offering unique access to the asset from anywhere in the world.