The Latest

CERAWeek: Tecpetrol CEO Touts Argentina Conventional, Unconventional Potential

Tecpetrol CEO Ricardo Markous touted Argentina’s conventional and unconventional potential saying the country’s oil production would nearly double by 2030 while LNG exports would likely evolve over three phases.

DUG GAS+: Chesapeake in Drill-but-don’t-turn-on Mode

COO Josh Viets said Chesapeake is cutting costs and ready to take advantage once gas prices rebound.

Help Wanted (Badly): Attracting Workers to Energy is Becoming Difficult

Attracting workers to the energy industry is becoming a difficult job, despite forecasted growth in the industry.

Stena Evolution Upgrade Planned for Sparta Ops

The seventh-gen drillship will be upgraded with a 20,000-psi equipment package starting in 2026.

Petrobras to Step Up Exploration with $7.5B in Capex, CEO Says

Petrobras CEO Jean Paul Prates said the company is considering exploration opportunities from the Equatorial margin of South America to West Africa.

Sold in 66 Days: Inside the Diamondback-Endeavor Deal

Diamondback Chairman and CEO Travis Stice first offered “at least $25 billion” for Endeavor Energy Resources on Dec. 8. The deal closed just weeks later for $26 billion.

E&P Highlights: March 25, 2024

Here’s a roundup of the latest E&P headlines, including a FEED planned for Venus and new contract awards.

ChampionX to Acquire RMSpumptools, Expanding International Reach

ChampionX said it expects the deal to extend its reach in international markets including the Middle East, Latin America and other global offshore developments.

TotalEnergies Restarts Gas Production at Tyra Hub in Danish North Sea

TotalEnergies said the Tyra hub will produce 5.7 MMcm of gas and 22,000 bbl/d of condensate.

The Need for Speed in Oil, Gas Operations

NobleAI uses “science-based AI” to improve operator decision making and speed up oil and gas developments.