The Latest

Deepwater Roundup 2024: Offshore Europe, Middle East

Part three of Hart Energy’s 2024 Deepwater Roundup takes a look at Europe and the Middle East. Aphrodite, Cyprus’ first offshore project looks to come online in 2027 and Phase 2 of TPAO-operated Sakarya Field looks to come onstream the following year.

E&P Highlights: April 15, 2024

Here’s a roundup of the latest E&P headlines, including an ultra-deepwater discovery and new contract awards.

Trio Petroleum to Increase Monterey County Oil Production

Trio Petroleum’s HH-1 well in McCool Ranch and the HV-3A well in the Presidents Field collectively produce about 75 bbl/d.

Trillion Energy Begins SASB Revitalization Project

Trillion Energy reported 49 m of new gas pay will be perforated in four wells.

Exxon Ups Mammoth Offshore Guyana Production by Another 100,000 bbl/d

Exxon Mobil, which took a final investment decision on its Whiptail development on April 12, now estimates its six offshore Guyana projects will average gross production of 1.3 MMbbl/d by 2027.

Exxon Mobil Green-lights $12.7B Whiptail Project Offshore Guyana

Exxon Mobil’s sixth development in the Stabroek Block will add 250,000 bbl/d capacity when it starts production in 2027.

Pitts: Heavyweight Battle Brewing Between US Supermajors in South America

Exxon Mobil took the first swing in defense of its right of first refusal for Hess' interest in Guyana's Stabroek Block, but Chevron isn't backing down.

Deepwater Roundup 2024: Offshore Australasia, Surrounding Areas

Projects in Australia and Asia are progressing in part two of Hart Energy's 2024 Deepwater Roundup. Deepwater projects in Vietnam and Australia look to yield high reserves, while a project offshore Malaysia looks to will be developed by an solar panel powered FPSO.  

E&P Highlights: April 8, 2024

Here’s a roundup of the latest E&P headlines, including new contract awards and a product launch.

OKEA Fast-tracking North Sea’s Brasse Tieback to Brage

OKEA expects first production in 2027 and has signed contracts with Aker Solutions, Subsea7 and OneSubsea.