Jaxon
Caines
Hart Energy
Shell Greenlights Great White Project Off GoM
The deepwater Gulf of Mexico Great White field will produce to Shell’s operated Perdido spar, with production expected to start in April 2025.
E&P Highlights: Dec. 11, 2023
Here’s a roundup of the latest E&P headlines, including a court ruling in favor of Welltec and new contract awards.
Field Digital Twin Planned for Pre-salt Mero Field
Halliburton is working with Libra Consortium, led by Petrobras, to develop the twin, which will allow the consortium to run “what if” scenarios.
Petrobras Eyes Capex of $102B Under New Strategic Plan
Petrobras plans to invest $102 billion between 2024-2028 under its new strategic plan, up 31% compared to their 2023-2027 plan, aiming to achieve production of 3.2 MMboe/d by the end of the five-year timeframe.
Commentary: LatAm Outlook 2024—Top Five Economies to Watch and Why
In 2024, energy investors interested in Latin America will likely find the most attractive opportunities linked to developments in Argentina, Brazil, Guyana, Mexico and Venezuela. That’s if they can hold their nerves amid ongoing uncertainties mainly tied to politics in many of the countries.
Pemex Reports Higher Q3 Production, Lower GHG Emissions
Mexico’s Pemex, still the world’s most indebted energy company, continues to boost production while making significant inroads to reduce flared volumes and greenhouse-gas emissions.
Despite Spooky Start, Transocean Walking Out of Graveyard
Despite another quarter of losses, Transocean argues it is still poised for a strong 2024.
The Robots Are Coming: Company Gets $5MM to Build More Robots
Square Robot’s $5 million in new funding will boost the small, growing robot fleet from seven to 11 to inspect inspect tanks used in oil and gas.
E&P Highlights: Sept. 18, 2023
Here’s a roundup of the latest E&P headlines, including an awarding of blocks from Lease Sale 259 and the start of production from a new well.
TotalEnergies, APA Eye $9B FID in Suriname’s Block 58
TotalEnergies and APA Corp. have launched development studies offshore Suriname in Block 58 and eye the start of detailed engineering studies by end 2023 and a $9 billion FID by year-end 2024.