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Addison
Hart Energy
Occidental Reports ‘Great Progress’ on Net-zero Pathway, DAC
Most of Occidental Petroleum’s planned $600 million investment in emerging low-carbon ventures for 2024 will go to direct air capture facility STRATOS, CEO Vicki Hollub says.
EE North America, Montauk Sign Biogenic CO2 Delivery Deal
EE North America and Montauk Renewables signed a contract for the delivery of 140,000 tons per year of biogenic CO2, which will be turned into e-methanol.
Gibson, SOGDC to Develop Oil, Gas Facilities at Industrial Park in Malaysia
Sabah Oil & Gas Development Corp. says its collaboration with Gibson Shipbrokers will unlock energy availability for domestic and international markets.
Diamondback, Verde Plan Converting Permian Natgas to Gasoline
Diamondback Energy subsidiary Cottonmouth Venture LLC has entered into a joint development agreement with Verde Clean Fuels to build a natural gas-to-gasoline facility in the Permian Basin.
Subsea Tieback Round-Up, 2026 and Beyond
The second in a two-part series, this report on subsea tiebacks looks at some of the projects around the world scheduled to come online in 2026 or later.
E&P Highlights: Feb. 12, 2024
Here’s a roundup of the latest E&P headlines, including more hydrocarbons found offshore Namibia near the Venus discovery and a host of new contract awards.
TGS, SLB to Conduct Engagement Phase 5 in GoM
TGS and SLB’s seventh program within the joint venture involves the acquisition of 157 Outer Continental Shelf blocks.
Venture Global, Grain LNG Ink Deal to Provide LNG to UK
Under the agreement, Venture Global will have the ability to access 3 million tonnes per annum of LNG storage and regasification capacity at the Isle of Grain LNG terminal.
TotalEnergies Entering, OMV Exiting SapuraOMV JV
TotalEnergies aims to deepen its presence in Malaysia through the $903 million deal to acquire OMV’s interest in the SapuraOMV Upstream joint venture.
UK’s Union Jack Oil to Expand into the Permian
In addition to its three mineral royalty acquisitions in the Permian, Union Jack Oil is also looking to expand into Oklahoma via joint ventures with Reach Oil & Gas Inc.