Oilfield services companies say they’re navigating short-term uncertainty and maintaining long-term confidence while tariffs and increased OPEC production could increase costs up to 4% onshore and 14% offshore.
The Ballymore project is the third Gulf project to come online in the past year for Chevron Corp.
The Delfin LNG project would pioneer offshore LNG supply in the Gulf of Mexico.
The "Gulf of America business is central to bp’s strategy,” and the company wants to build production capacity to more than 400,000 boe/d by the end of the decade.
Oilfield services companies say they’re navigating short-term uncertainty and maintaining long-term confidence while tariffs and increased OPEC production could increase costs up to 4% onshore and 14% offshore.
The Ballymore project is the third Gulf project to come online in the past year for Chevron Corp.
The Delfin LNG project would pioneer offshore LNG supply in the Gulf of Mexico.
The "Gulf of America business is central to bp’s strategy,” and the company wants to build production capacity to more than 400,000 boe/d by the end of the decade.
SBM Offshore holds a 63.125% interest in FPSO Cidade de Paraty, located offshore Brazil.
Here’s a roundup of the latest E&P headlines, from a big CNOOC discovery in the South China Sea to Shell’s development offshore Brazil.
SLB will deliver 18 ultra-deepwater wells for Woodside Energy’s Trion ultra-deepwater project starting in early 2026.
DNO ASA has made 10 discoveries since 2021 in the Troll-Gjøa exploration and development area.
India's Cairn Oil & Gas, part of Vedanta Group, plans to deliver its first shale well using U.S. shale techniques honed by oilfield service companies, in June or July.
Shell Plc will be the operator and 50% owner, with Ecopetrol holding 30% interest and TotalEnergies 20%.