The Railroad Commission of Texas (RRC) will gain access to satellite-based ground-motion data across the Permian basin to support its Underground Injection Control (UIC) program under a new partnership between B3 Insight and SatSense.
Chariot Limited has signed a framework agreement with Etu Energias and BW Energy that will give the company economic exposure to future cash flows equivalent to approximately 4,000 bpd of oil production from producing assets offshore Angola.
TotalEnergies has completed its acquisition of a 40% operated interest in Namibia’s PEL83 license from Galp, taking operatorship of the giant Mopane oil discovery in the Orange basin ahead of a planned appraisal drilling campaign.
Italian oil major Eni plans to increase gas production from Ghana’s Sankofa Gye-Nyame field in the Offshore Cape Three Points (OCTP) area to about 350 million standard cubic feet per day (mmscf/d) by 2028, a senior company executive said on Wednesday.
Shell will acquire stakes in two bp-operated exploration opportunities offshore Brazil and in the Gulf of America, expanding collaboration between the majors ahead of planned exploration drilling. Under the agreements, Shell will acquire a 50% interest in the Tupinambá exploration block in Brazil’s offshore Santos basin and a 30% interest in five leases containing the Conifer exploration prospect in the deepwater […]
Adebayo Ige, CEO of International Energy Services Limited (IESL), talks to The Energy Year about how Nigeria’s Decade of Gas is translating into projects for indigenous operators, the growing capabilities of Nigerian companies and IESL’s strategy to expand from services into asset ownership and selected African markets. International Energy Services Limited is a Nigerian provider […]
Ken Naughton, president of Management Controls, talks to The Energy Year about the company’s expansion beyond refining into contractor-heavy industries and how geofencing and proof-of-presence data improve cost control. Management Controls is a developer of cost and compliance management software for industrial and infrastructure projects. Management Controls helps industrial operators improve cost control by combining […]
Uganda has named its new export crude blend “Pearl Sweet” as the country’s $15 billion Tilenga-Kingfisher-EACOP development moves toward first oil and exports. Pearl Sweet will combine crude produced from the TotalEnergies-operated Tilenga development and CNOOC-operated Kingfisher development. The streams will be commingled at the Kabaale Shared Facilities in Hoima before entering the East African Crude Oil Pipeline (EACOP) […]
Subsea7 has secured a subsea installation contract from LLOG Exploration Company, a Harbour Energy subsidiary, for the Who Dat East development in the U.S. Gulf. Subsea7 classifies the contract as “sizeable,” representing a value between $50 million and $150 million. Who Dat East is located in Mississippi Canyon lease MC 509-1 in approximately 1,300 m of water. The contract covers […]
Eni has expanded its exploration position offshore Uruguay, taking operatorship and a 50% interest in the OFF-5 block while also agreeing to acquire a 40% stake in the adjacent OFF-6 block. Eni formally entered OFF-5 following an agreement with MIWEN, a wholly owned subsidiary of YPF, and Uruguay’s national oil company ANCAP. The transaction has received approval from […]