Latest From Hart Energy

U.S. EXIM Bank Seeks Vote On $5 Billion Loan To Mozambique LNG Project

EXIM estimated interest and fee income from the transaction of more than $600 million from a consortium led by Occidental Petroleum Corp.'s recently acquired Anadarko Petroleum Co.

FMS Wins BP Mooring Job In North Sea

FMS, a leading independent supplier of mooring equipment to the global oil and gas industry, has secured a three-year contract with BP on Aug. 22 for the provision of mooring equipment for its North Sea operations.

Best Of This Week’s Drilling Activity Highlights (Aug. 23, 2019)

A Powder River Basin discovery by Chesapeake, LLOG files Gulf of Mexico plan and a triple-lateral horizontal completion in South Texas top this week’s drilling activity highlights from around the world. 

US Accuses China Of ‘Coercion’ Over Vietnam Offshore Oil

The U.S. has accused China of “coercion” of Vietnam as it seeks to exploit oil and gas in the South China Sea, siding with Hanoi and chastising Beijing in sharp terms over its decision to send Chinese ships to Vietnamese territorial waters.

Nominate: Hart Energy’s “25 Impactful Veterans in Energy”

Nominate military veterans who demonstrate leadership and make significant contributions to the energy industry through the roles they play fulfilling a company’s mission or advancing its long-term success.

Schlumberger Open Sources Data Ecosystem, Contributes To The Open Group Open Subsurface Data Universe Forum

Open source data ecosystem enables collection, integration, management, enrichment and discovery of upstream oil and gas data.

Permian Basin’s ‘Overlooked,’ ‘Emerging’ Plays

The owner and president of a Midland, Texas-based oil company shared insight during a presentation on the Permian Basin’s journey from conventional to unconventional.

Equinor Secures Subsidy For Wind Turbines At North Sea Oil Fields

The turbines would power five platforms at the Snorre and Gullfaks oil fields, which are currently powered by generators running on natural gas.

South Sudan Makes Small Oil Discovery, First Since Independence

The new field in the Adar area of the state contains 5.3 million barrels of recoverable oil and will be linked to the nearby Paloch oil fields, which are operated by Dar Petroleum Operating Co., the minister Awow Daniel Chuang said.

Detring Expands Into Midstream With Baird Partnership

Upstream A&D firm Detring and multinational investment bank Baird are teaming up to provide strategic advisory and M&A advisory services to midstream energy companies.

Britain’s Cuadrilla Pauses Gas Fracking After Earth Tremor

Cuadrilla, which restarted fracking at the site last week, repeatedly had to stop operations last year under Britain’s traffic light regulation system, which immediately suspends work if seismic activity of magnitude 0.5 or above is detected.

Frac Spread: NGL Prices Struggle; Is Rescue At Hand?

A slew of issues, including high inventories, sluggish exports and delays in cracker startups, dog NGL and push ‘barrels’ to early-2016 levels.