Offshore sector’s long-cycle developments and continued international investments contribute to upcycle.
TotalEnergies is acquiring an additional 10.5% participating interest in Block 2913B and an additional 9.39% participating interest in Block 2912.
Vopak, in a partnership with Transnet Pipelines, was selected to develop and operate an LNG terminal at the Port of Richards Bay in South Africa for 25 years.
Though industry experts are predicting 2024 to be a slow year for rigs in the Gulf of Mexico, there is plenty of opportunity for contracts to be awarded in other markets.
Eni made a final investment decision for the offshore Tango FLNG facility 12 months ago.
Harbour Energy reached an agreement with Wintershall Dea shareholders BASF and LetterOne to buy its upstream assets in Europe, South America, North America and Africa.