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Considering the reality of continued oil and gas demand for decades to come, the offshore exploration sector will play a key role in providing the abundant, affordable and reliable energy that the global economy needs.
In an exclusive roundtable discussion, senior executives of offshore discussed how the offshore exploration sector is well-positioned for the energy transition as it continues to be a source of innovation and new technologies that will help drive the industry’s decarbonization efforts.
Chris Jones, Vice President of North America Offshore for Oilfield Services, Baker Hughes
Maged Fam, Global Geoscience Solutions Manager, Halliburton
John Parker, Founder and Executive Vice President, Talos Energy
Jump to a topic:
Energy transition and offshore exploration (0:44)
Role of digitalization in decarbonizing offshore (7:00)
Challenges of low-cost barrels (11:55)
Exploration in offshore hot spots (15:35)
Offshore exploration trends (21:42)
The Greater Tortue Ahmeyim-1 hit 30 m (98 ft) of net gas pay, partner Kosmos Energy said in a news release.
Oil and gas explorer Kosmos Energy expects to have agreed by the end of this year to sell down its stake in projects off the coast of Mauritania and Senegal in which it partners with BP, Kosmos said Aug. 5.
Kosmos said it expects about $24 million of exploration expenses related to the drilling of the Oldfield well.