The Latest

E&P Highlights: July 15, 2024

Here’s a roundup of the latest E&P headlines, including Freeport LNG’s restart after Hurricane Beryl and ADNOC’s deployment of AI-powered tech at its offshore fields.

ChampionX Closes Acquisition of Artificial Lift Company RMSpumptools

ChampionX, which is being acquired by SLB for $7.7 billion, bought RMSpumptools Ltd. for about $110 million.

E&P Highlights: June 24, 2024

Here’s a roundup of the latest E&P headlines, including TotalEnergies working with Nigeria to reach FID on the Ubeta gas field and Chevron signing production sharing contracts for two blocks offshore Equatorial Guinea.

Oceaneering Nabs GoM Umbilical Contract Worth $50MM

Offshore services firm Oceaneering secured a large contract with a domestic independent energy customer in the Gulf of Mexico.

TGS to License Tanzania’s Offshore Subsurface Data

TGS, in an agreement with Tanzania’s Petroleum Upstream Regulatory Authority, reserves the right to license all of the country’s offshore data, acquire future seismic data and reprocess existing data.

E&P Highlights: June 17, 2024

Here’s a roundup of the latest E&P headlines, including Woodside’s Sangomar project reaching first oil and TotalEnergies divesting from Brunei.

Trendsetter to Deliver Subsea Manifolds Offshore Brazil to Trident Energy

The subsea contract follows Trendsetter establishing local facilities in Brazil.

Norway’s Equinor Divests Gina Krog Field Interests

Equinor is selling its 19.5% interests in production licenses (PL) 048E, which is the Eirin field, and PL 1201 to PGNiG Upstream Norway for an undisclosed amount.

E&P Highlights: June 4, 2024

Here’s a roundup of the latest E&P headlines, with new contracts awarded and larger commitments made for oil and gas exploration in South Korea and Australia.

Petrobras Awards Subsea 7 a Large Contract Offshore Brazil

Under the contract, which is valued at over $1.25 billion, Subsea 7 will develop the Búzios 9 field in Brazil’s Santos Basin.