North America
News
December 23, 2023
Talos President and Chief Executive Officer Timothy S. Duncan commented, "The proximity of these prospects to our existing assets, including Ram Powell, Pompano, Prince, and Brutus facilities, bolsters our infrastructure-led, near-field strategy in the Gulf of Mexico while providing opportunities to lower the overall carbon intensity of our assets over time.
News
December 23, 2023
According to the Bureau of Land Management, the Willow project is expected to deliver $8 billion to $17 billion in new revenue for the federal government, the state of Alaska and Alaska Native communities.
News
December 22, 2023
The company’s four-part project strategy is evolving to accelerate the significant commercial opportunity offered by Project III, focused on the multi-Tcf undeveloped gas resource within the Lower Eocene and Upper Cretaceous reservoirs of Blocks XIB and XIF.
News
December 20, 2023
In a pivotal moment for American energy policy, National Ocean Industries Association (NOIA) President Erik Milito emphasizes the urgency of Congressional intervention following the conclusion of Gulf of Mexico Lease Sale 261.
News
December 20, 2023
Hess Corp. was the high bidder in a U.S. auction for drilling rights in the Gulf of Mexico, which raised a total of $382 million from oil giants before the Biden administration imposes a two-year hiatus for future sales.
News
December 20, 2023
(WO) —WSG Energy Services (WSG) announced the acquisition of Azoto Energy Services Ltd. (Azoto), a leading player in the engineered nitrogen pumping solutions sector in Western Canada, on Dec. 13.
News
December 20, 2023
Woodside Energy has awarded a major contract to Mexican company Eseasa Offshore, S.A. de C.V. to supply shore base facilities and services for Woodside’s operations supporting the Trion oil and gas project offshore Mexico.
News
December 20, 2023
Shell Offshore Inc., a subsidiary of Shell plc, has made a final investment decision (FID) for Sparta, a deepwater development in the U.S. Gulf of Mexico that represents our competitive approach to simplifying and replicating projects.
News
December 19, 2023
Private oil and natural gas operators are projected to cut their budgets by 4% to an average of $34.4 billion in 2024, according to the 39th annual global spending survey from Barclays PLC.
News
December 19, 2023
The fields in the deal with PetroBal, located on Campeche’s coast, produce about 16,350 boed. PetroBal acquired the exploration and production rights to the field in 2016 as part of a consortium with Fieldwood Energy.
News
December 19, 2023
The U.S. Outer Continental Shelf is estimated to hold 90 Bboe and 327 Tcfg. If developed, these resources could create more than 800,000 American jobs, spur nearly $450 billion in private-sector spending, and generate more than $200 billion in revenue for federal and state governments.
News
U.S. oil companies get last chance to secure drilling rights in Gulf of Mexico with upcoming auction
December 19, 2023
The Interior Department auction, mandated by Congress under last year’s Inflation Reduction Act, will be the last sale of its kind until 2025 — when there may be tighter limits and less territory up for grabs.
News
December 18, 2023
Avi Mirman, Executive Chairman of the Board of Fury commented, “With the benefit of a newly revived balance sheet, we believe we can leverage our deep knowledge of the basin and combined operational excellence to fully unlock the asset's potential.”
News
December 18, 2023
Trendsetter’s scope of work includes engineering, design, manufacture, and installation support of Trendsetter’s TCS subsea connectors for both the production and gathering systems, multiple production and injection manifolds and their foundations.
News
December 18, 2023
This advanced data acquisition approach not only increases exploration success rates but also contributes to more efficient resource utilization, ultimately reducing operational risks and costs for clients.
News
December 18, 2023
Operators are squeezing crude out of new wells more efficiently because of innovations in everything from electric-pump technology to new strategies for deploying workers while fracking wells to minimize downtime.
News
December 16, 2023
Tokyo Gas Co. said its subsidiary Tokyo Gas America Ltd. will purchase Rockcliff Energy II LLC for about $2.7 billion in a move to expand its U.S. shale gas operations.
News
December 15, 2023
Permian Basin operator Callon Petroleum Co. is considering strategic options amid takeover interest from rival oil and gas players, people familiar with the matter said, as dealmaking accelerates in the U.S. energy industry.
News
December 15, 2023
Chevron Corp. CFO Pierre Breber criticized employees for failing to deliver on several key performance metrics in 2023, a year in which Chevron's shares tumbled 16%, a steeper drop than its industry peers.
News
December 14, 2023
The Kaikias field in the U.S. Gulf of Mexico is a deep-water project that uses a subsea tieback to the nearby Ursa production hub.
News
December 13, 2023
After completion of this campaign in April 2025, these wells collectively are expected to produce up to 22,000 boed at peak rates.
