Asset Management
Equinor, Aker BP, and Vår Energi will combine resources and expertise to pursue some of the largest remaining exploration opportunities on the Norwegian Continental Shelf.
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The Loran Phase 2 license award builds on BP’s growing presence in Venezuela as it seeks to develop offshore projects, particularly shared fields near Venezuela’s maritime border with Trinidad and Tobago.
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The next phase of drilling is expected to resume in mid-2024 and includes several sidetrack wells, long-reach directional wells, and stratigraphic exploration wells. -
The authors of this paper present the results of an assessment of two regions in Uruguay suitable for bottom-fixed offshore wind technologies.
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Jackup rig Borr Norve has started drilling operations on the project’s fourth production well, DHIBM-6H.
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Additional milestones reached could add $14 million to purchase price.
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Challenges to development, including costs, cited as reasons for turning back the acreage.
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Lebanon hopes to join the club of EastMed gas producers as TotalEnergies and its partners spud an appraisal well near Beirut’s maritime border with Israel where gas is already being produced.
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Fervo Energy’s bet that fracturing methods can be used for geothermal power is looking like a winner.
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Wave power plus a subsea battery can be a reliable source for subsea operations, to a point.
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Woodside confirms key contracts for deepwater Mexican Gulf development.
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National oil companies and traditional upstream players are progressively focusing on cleaner and more environmentally friendly energy initiatives.
