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Deepwater Roundup 2024: Offshore Europe, Middle East

Part three of Hart Energy’s 2024 Deepwater Roundup takes a look at Europe and the Middle East. Aphrodite, Cyprus’ first offshore project looks to come online in 2027 and Phase 2 of TPAO-operated Sakarya Field looks to come onstream the following year.

E&P Highlights: April 15, 2024

Here’s a roundup of the latest E&P headlines, including an ultra-deepwater discovery and new contract awards.

Exxon Mobil Green-lights $12.7B Whiptail Project Offshore Guyana

Exxon Mobil’s sixth development in the Stabroek Block will add 250,000 bbl/d capacity when it starts production in 2027.

Deepwater Roundup 2024: Offshore Australasia, Surrounding Areas

Projects in Australia and Asia are progressing in part two of Hart Energy's 2024 Deepwater Roundup. Deepwater projects in Vietnam and Australia look to yield high reserves, while a project offshore Malaysia looks to will be developed by an solar panel powered FPSO.  

Beacon Offshore Divests Non-op Gulf of Mexico Interests

Beacon Offshore Energy said that with its non-op assets divested, it would turn all of its focus to its Shenandoah and Winterfell assets in the Gulf of Mexico.

Deepwater Roundup 2024: Offshore Africa

Offshore Africa, new projects are progressing, with a number of high-reserve offshore developments being planned in countries not typically known for deepwater activity, such as Phase 2 of the Baleine project on the Ivory Coast.

Less Heisenberg Uncertainty with Appraisal Wells

Equinor proves Heisenberg in the North Sea holds 25 MMboe to 56 MMboe, and studies are underway for a potential fast-track tieback development.

E&P Highlights: March 15, 2024

Here’s a roundup of the latest E&P headlines, including a new discovery and offshore contract awards.

Orange Basin Serves Up More Light Oil

Galp’s Mopane-2X exploration well offshore Namibia found a significant column of hydrocarbons, and the operator is assessing commerciality of the discovery.

Forum Energy Signs MOU to Develop Electric ROV Thrusters

The electric thrusters for ROV systems will undergo extensive tests by Forum Energy Technologies and SAFEEN Survey & Subsea Services.