Field Development , International , Legislation

Pitts: Heavyweight Battle Brewing Between US Supermajors in South America

Exxon Mobil took the first swing in defense of its right of first refusal for Hess' interest in Guyana's Stabroek Block, but Chevron isn't backing down.

April 9, 2024

Tankers , Crude Oil

Enterprise Gains Deepwater Port License for SPOT Offshore Texas

Enterprise Products Partners’ Sea Port Oil Terminal is located approximately 30 nautical miles off Brazoria County, Texas, in 115 ft of water and is capable of loading 2 MMbbl/d of crude oil.

April 9, 2024

Deepwater , Field Development , Exploration & Production , International

Deepwater Roundup 2024: Offshore Australasia, Surrounding Areas

Projects in Australia and Asia are progressing in part two of Hart Energy's 2024 Deepwater Roundup. Deepwater projects in Vietnam and Australia look to yield high reserves, while a project offshore Malaysia looks to will be developed by an solar panel powered FPSO.  

April 9, 2024


PGS Wins 3D Contract Offshore South Atlantic Margin

PGS said a Ramform Titan-class vessel is scheduled to commence mobilization in June.

April 8, 2024

Field Development

OKEA Fast-tracking North Sea’s Brasse Tieback to Brage

OKEA expects first production in 2027 and has signed contracts with Aker Solutions, Subsea7 and OneSubsea.

April 8, 2024

Acquisitions & Divestitures , Deepwater

Beacon Offshore Divests Non-op Gulf of Mexico Interests

Beacon Offshore Energy said that with its non-op assets divested, it would turn all of its focus to its Shenandoah and Winterfell assets in the Gulf of Mexico.

April 5, 2024

Wind , Infrastructure

US Clears 2.6-GW Offshore New England Wind Project

Located south of Martha’s Vineyard off of Massachusetts, the project consists of the 791-megawatt New England Wind 1 and the 1.87-GW New England Wind 2.

April 4, 2024

Seismic , Discoveries

TGS Commences Multiclient 3D Seismic Project Offshore Malaysia

TGS said the Ramform Sovereign survey vessel was dispatched to the Penyu Basin in March.

April 3, 2024


After Challenging Year, Which Way Will Offshore Wind Blow?

Following a year of negative headlines with some of the industry’s biggest players booking billion-dollar impairments and backing out of wind projects, this year appears to be going smoother.

April 3, 2024

Deepwater , Field Development , Exploration & Production

Deepwater Roundup 2024: Offshore Africa

Offshore Africa, new projects are progressing, with a number of high-reserve offshore developments being planned in countries not typically known for deepwater activity, such as Phase 2 of the Baleine project on the Ivory Coast.

April 2, 2024