Total SA has drilled a pair of disappointing dusters in deepwater Nigeria. The first was the Oko-1 well on OPL 221, the first well on the block, which the French firm won in a closed bidding round in 2003. The block lies in water depths ranging between 200 and 1,000 meters. The second duster was the Ukot South, drilled on neighboring OPL 222 in Ukot Field.
Energy Transition in Motion (Week of March 24, 2023): Advancing Projects, Investment
2023-03-24 - Here’s a look at some of this week’s renewable energy news, including a $2.6 billion wind farm final investment decision.
Market Watchers: Oil, Gas Demand to Overtake Supply by Year’s End
2023-03-23 - Dennis Kissler, senior vice president of BOK Financial’s trading division, discusses supply and demand and the gambles ahead for the market.
Capstone Secures Follow-on Order for Microturbines
2023-03-23 - Horizon Power Systems commissioned two microturbines from Capstone Green Energy to power a remote natural gas compression facility in Wyoming’s Green River Basin.
Freehold Promotes Rob King to COO, Susan Nagy to VP Business Development
2023-03-22 - Freehold Royalties’ Susan Nagy will replace Rob King as vice president of business development following King’s promotion to COO.
Venezuela’s Maduro Taps PDVSA Head for Petroleum Ministry
2023-03-22 - Venezuela’s President Nicolás Maduro tapped PDVSA President Pedro Rafael Tellechea Ruiz as the OPEC country’s new petroleum minister to replace Tareck El Aissami.