GOM

Acquisitions & Divestitures , Energy Storage

Equinor Acquires Stake in Standard Lithium Smackover Projects

Equinor’s transaction, completed effective May 7, includes interests in Standard Lithium’s flagship South West Arkansas Project and East Texas properties.

May 8, 2024

Offshore Technology Conference (OTC) , Exploration & Production , Drilling

High Pressure, Temps, No Problem: BP Dives Deeper in GoM

BP is preparing for a 2024 FID on Kaskida and 2025 FID on Tiber projects in the Gulf of Mexico, a BP executive said during an OTC keynote.

May 7, 2024

Deepwater , Field Development , Discoveries , Exploration & Production , Crude Oil , Offshore Technology Conference (OTC)

Chevron, Total’s Anchor Up and (Almost) Running

During the Offshore Technology Conference 2024, project managers for Chevron’s Anchor Deepwater Project discussed the progress the project has made on its journey to reach first oil by mid-2024.

May 7, 2024

Rig Counts , Natural Gas

Repsol to Drop Marcellus Rig in June

Spain’s Repsol plans to drop its Marcellus Shale rig in June and reduce capex in the play due to the current U.S. gas price environment, CEO Josu Jon Imaz told analysts during a quarterly webcast.

April 26, 2024

Policy & Regulations , Lease Sales , Wind

US Interior Department Releases Offshore Wind Lease Schedule

The U.S. Interior Department’s schedule includes up to a dozen lease sales through 2028 for offshore wind, compared to three for oil and gas lease sales through 2029.

April 24, 2024

Pipelines , Acquisitions & Divestitures

Report: Crescent Midstream Exploring $1.3B Sale

Sources say another company is considering $1.3B acquisition for Crescent Midstream’s facilities and pipelines focused on Louisiana and the Gulf of Mexico.

April 23, 2024

Deepwater , Field Development

Deepwater Roundup 2024: Americas

The final part of Hart Energy E&P’s Deepwater Roundup focuses on projects coming online in the Americas from 2023 until the end of the decade.

April 23, 2024

Field Development , Artificial Lift , Subsea , Seismic

E&P Highlights: April 22, 2024

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

April 22, 2024

Solar , Wind , Renewables , Acquisitions & Divestitures

Nova Clean Energy Acquires BNB’s 1-GW HyFuels Portfolio in Texas

Covering about 25,000 acres on the Texas Gulf Coast, HyFuels’ power supply will be split evenly between wind and solar energy.

April 16, 2024

Artificial Intelligence , Seismic , Drilling , E&P Tech Trends

Tech Trends: AI Increasing Data Center Demand for Energy

In this month’s Tech Trends, new technologies equipped with artificial intelligence take the forefront, as they assist with safety and seismic fault detection. Also, independent contractor Stena Drilling begins upgrades for their Evolution drillship.

April 16, 2024