Asset Management
The Pinnington project in North Texas is the company’s largest solar project in the state and brings Repsol’s renewable energy generation capacity in the US to greater than 2 GW.
The technology has passed its first phase of qualification, with 84 nodes placed on the seafloor at a depth of 2,000 m to acquire 4D seismic data in the pre-salt Santos Basin.
Assets consolidated into the Searah JV include Eni-operated deepwater gas-condensate developments in the Kutei Basin, offshore East Kalimantan, Indonesia.
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The investment underscores ExxonMobil’s pivot to Nigeria’s offshore after it finalized the divestiture of its onshore assets in the country. -
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.
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The Offshore Technology Conference has announced the 2025 Spotlight on New Technology Award winners—nine game-changing innovations shaping the future of offshore energy. Join the celebration at 1600 CDT on Monday, 5 May, at the NRG Center, Houston.
