Management
The new development is estimated to hold 46 million recoverable bbl of oil and is planned to start up in late 2028.
Project in US Gulf will add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
Deepwater blocks drew most of the attention in the first lease sale for the offshore region to be held in 2 years.
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Consortiums led by ExxonMobil, TotalEnergies lead the charge into the blocks offered in the oft-delayed offshore parcel auction.
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Suriname's wait to become a significant oil producer may be nearing an end as the French supermajor begins early development studies.
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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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Diamondback Energy has agreed to spin off its water operations. Now, who’s next?
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High demand for offshore services makes for robust charter rates.
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Bernard Looney resigns, Murray Auchincloss takes over as acting CEO.
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The Advanced Clean Energy Storage project in Utah involves two 4.5-million-bbl salt caverns that will store up to 100 metric tons of hydrogen per day.
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The government is offering its first major funding for the unexplored energy source.
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Work slated for Côte d’Ivoire and Italy includes new riser/pipelines and FSRU facilities.
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On a pro forma basis, the mineral and royalty arm of the Midland-based oil company owns interests covering more than 32,000 net acres in the Permian Basin.