Barracuda is Shell’s first greenfield project in Trinidad and Tobago and one of its largest in the country since its BG Group acquisition.
Mexican state-owned utility’s criminal investigation targeting WhiteWater could have a chilling effect on other U.S. energy companies looking at opportunities in the country.
Eagle Ford Shale and Austin Chalk wells completed by EOG Resources at a single wellpad in Webb County, Texas, plus a Niobrara venture in the Powder River Basin announced by Devon Energy top this week’s oil and gas drilling activity highlights from around the world.
Energy Transfer Executive Chairman Kelcy Warren met with Panama President Laurentino Cortizo Cohen to sign a memorandum of understanding to study the feasibility of joint participation in a proposed Trans-Panama Gateway Pipeline project.
A Beacon Offshore completion in the Gulf of Mexico, high-volume Haynesville discoveries, Big Horn Basin development test planned in Wyoming plus results from two Bone Spring wells from EOG in the Permian Basin top this week’s oil and gas drilling activity highlights from around the world.
Gatun plant will be located near the Port of Colón
The Spring 2021 meeting of the Colorado School of Mines’ Reservoir Characterization Project featured field projects around the globe including a Permian Basin project operated by Apache.
The development is expected to produce 16,000 gross barrels of oil per day after completion, the company said in a statement.
Petrobras will start offering contracts backed by the U.S. Henry Hub reference price, in addition to contracts indexed to the international Brent oil benchmark, the company said in a statement.
Work on the tankers could potentially violate sanctions on Venezuela, lawyers say.