The decision to authorize New Fortress Energy to export LNG does not mean the Biden administration’s LNG export pause is over, a DOE spokesperson told Oil & Gas Journal.
The company’s delineation and spacing work continues to produce strong results. ‘It absolutely has the opportunity to be a foundational play,’ a senior executive says.
Aker BP has started oil production from Tyrving field in the Alvheim area offshore Norway.
Westwood analysis shows Namibia is the most promising deepwater rig demand hotspot. Exploration of Namibia’s Upper and Lower Cretaceous plays in the offshore Orange Basin have delivered nearly 5 Bbbl from nine wells since 2022, according to Westwood Global Energy Group. The seven exploration wells that followed up the Graff and Venus play opening discoveries…
Despite Saudi Aramco releasing a number of jackup rigs, the international jackup market remains robust. According to Evercore ISI’s latest Offshore Oracle report, the release of around 22 rigs so far this year has raised questions about the future of the Middle East jackup market, a region historically known for absorbing global assets. Saudi Aramco’s…
Dolphin repositioning rigs following UK North Sea market slowdown The Borgland Dolphin semisubmersible has been undergoing a special periodic survey in Las Palmas, Gran Canaria. Extensive measurement testing has revealed no need for major steel replacement, and the program is on track. It should remain in Las Palmas until early 2025 ahead of a long-term contract in the UK…
bp Trinidad and Tobago and EOG Resources Trinidad have agreed to partner on the Coconut gas development off the southeast coast of Trinidad.
Tamboran (B2) Pty. Ltd. spudded the Shenandoah South 2H horizontal well in EP 98 in Beetaloo sub-basin, Northern Territory, Australia.
The Codling Wind Park joint venture partners will submit a planning application shortly to Ireland’s An Bord Pleanála.
Talos Energy has announced that Tim Duncan has stepped down from his role as president and CEO, effective Aug. 29, and an interim CEO has been selected.
