Asset Management
The multiyear contract with YPF includes electric pumping units and automated stimulation services.
The Orange Basin and Gulf of Guinea will see most of the high-impact drilling activity planned this year in Africa.
Agreements create long-term frameworks to advance offshore Suriname developments, aiming to streamline project delivery, reduce costs, and accelerate field development through early integration across the project life cycle.
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Operator Cenovus expects the concrete gravity structure to be moved in June, first oil to be produced in Q2 2026. -
The investment underscores ExxonMobil’s pivot to Nigeria’s offshore after it finalized the divestiture of its onshore assets in the country.
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The contracts build on Cairo’s decades-long strategic energy alliance with Moscow, which will soon include nuclear energy.
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Operator targets first oil 30 months after field sanction of $1.5 billion heavy-oil project that will use a refurbished wellhead platform and FPSO.
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Leaders at OTC 2025 warned that tariffs and supply chain strains threaten offshore project economics despite record global output.
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FLNG vessels will handle gas from the Vaca Muerta formation when they go online in 2027 and 2028 offshore Argentina.
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Global majors remain committed to boosting investment in Egypt’s offshore gas production as they eye Cairo’s underutilized LNG capacity.
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Contractor will moor the production semisub in the Keathley Canyon area of the US Gulf of Mexico.
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EVP Giulia Chierchia and Chairman Helge Lund are stepping down amidst difficult Q1.
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The rapid development of oil and gas intelligent operations depends on artificial intelligence, automation, and data analytics to achieve optimal conditions in oil and gas operations.
