Deepwater , Acquisitions & Divestitures , Mergers

Talos Energy Snags EnVen for $1.1 Billion

Talos Energy’s acquisition of private operator EnVen Energy grows Talos’ deepwater Gulf of Mexico footprint with the company anticipating subsea tieback opportunities.

September 22, 2022

Deepwater , Energy Transition , Technology

Equinor Sets the Stage for Atlantic Canada’s Low-carbon Future

Equinor establishes ambitious low-carbon goals for its deepwater Bay du Nord development in Atlantic Canada offshore Newfoundland.

September 20, 2022


Exxon Boosts Guyana Oil Output, Undecided on Future Auction Bid

Guyana is unsure how to distribute oil properties outside of Exxon Mobil's blocks and postponed a possible auction, according to source close to the matter.

September 20, 2022


Shell’s Bonga Deepwater Vessel Set for Maintenance in October

Bonga crude oil stream was due to load 31,000 bbl/d in October, down from 95,000 the previous month, according to a preliminary export program seen by traders.

September 19, 2022

Deepwater , International

Pemex Deepwater Gas Project Draws Rebuke from Mexico’s Regulator

Mexico’s president, Andres Manuel Lopez Obrador, has sought to champion state companies and keep private investors on the sidelines, an agenda complicated by Pemex’s lack of capital and huge debts.

September 14, 2022

Deepwater , International

FPSO for Senegal Gas Project Expected to Sail from China to Site by Year End: BP

BP and Kosmos Energy are leading Senegal's first natural gas projects, Greater Tortue Ahmeyim and Yakaar-Teranga.

September 1, 2022

Deepwater , Technology

Deepwater Oil and Gas Exploration Keeps Paying Off

IMAGE panel: the oil and gas industry has overcome many challenges and technological barriers to turn deepwater prospects into producing projects.

August 31, 2022

Deepwater , Acquisitions & Divestitures

Helix Energy Solutions Acquires Gulf of Mexico Leases from Murphy Oil JV

The acquisition of the Thunder Hawk Field leases from Murphy Oil helps bolster Helix Energy Solutions Group’s decommissioning work in the U.S. Gulf of Mexico, the Houston-based company said.

August 30, 2022

Business , Deepwater , International

Exxon Mobil, Shell, Chevron End Lawsuits Against Nigeria’s State-owned Oil Company

Exxon Mobil and Shell had been seeking to enforce a $1.8 billion arbitration award against Nigeria’s state-owned oil company from 2011, while Chevron and Equinor sought to enforce a $995 million award from 2015.

August 24, 2022

Discoveries , Deepwater

APA Corp. Reveals Mixed Bag of Exploration Results Offshore Suriname

APA Corp. reported a mixed bag of results from two exploration wells offshore Suriname where the Houston-based company and its foreign partners are looking to replicate the success seen across the maritime border in Guyana.

August 23, 2022