Cuba: Block 9 Amistad field development approved
Initial development of Unit 1B formally approved and on track for 1Q25. Export of initial oil cargo on track for end of 2024.
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In this special Spotlight interview, Richard Hay, Global Vice President for Completion Fluids, TETRA Technologies, joins us to talk about his article that featured in the Winter 2023 issue of Oilfield Technology magazine.
Woodside contributes US$50 000 to Hurricane Francine relief efforts
Woodside Energy will contribute US$50 000 to the Bayou Community Foundation in support of relief efforts following Hurricane Francine.
Chesapeake's US$7.4 billion acquisition of Southwestern Energy set to conclude in 4Q24
US gas company Chesapeake Energy's acquisition of Southwestern Energy is now expected to close early in 4Q24, Reuters cited the company’s CEO Nick Dell'Osso as saying.
Understanding petroleum product supplied – a proxy for consumption
The US Energy Information Administration (EIA) does not directly survey petroleum consumption; instead, it calculates a similar concept called product supplied from its surveys that span the US petroleum industry. Although it uses petroleum product supplied interchangeably with petroleum consumption, the two are not identical.
Argentina: Production Start-up at Fenix Offshore Gas Field
TotalEnergies announces the start of production from the Fenix gas field, located 60 km off the coast of Tierra del Fuego in Southern Argentina.
CNOOC Limited kicks off production at Liuhua 11-1/4-1 Oilfield Secondary Development Project
The main production facilities include a new deepwater jacket platform ‘Haiji-2’ and a cylindrical FPSO ‘Haikui-1’.
Equinor and partners discover oil and gas at Gudrun field in North Sea
Equinor, alongside its partners, has made an oil and gas discovery at the Gudrun field in the North Sea.
North Sea ahead of the net-zero curve as emissions fall
A UK lobby group said the UK oil and gas industry has also more than halved methane emissions since 2018.
DNV certifies first CO2 storage site for flagship Danish carbon capture and storage project
DNV, the independent energy expert and assurance provider, has certified the first carbon dioxide storage site for Project Greensand in Denmark, marking a key milestone in carbon capture and storage (CCS).
Santos set to transfer 16% interest in Bayu-Undan upstream project to TIMOR GAP
This transaction allows TIMOR GAP, the state-owned oil and gas company of Timor-Leste, to participate in the Bayu-Undan joint venture (JV) for the project's remaining economic life.