Halliburton will expand its presence in Namibia with new oilfield and support services facilities at four locations, including the country’s main ports, the company announced on Wednesday.
The campaign aims to drill a debut exploration well in the waters of southern Namibia and is expected to last six months. The value of the contract was not disclosed.
Speaking on the state of the petroleum industry, he highlighted key challenges that have discouraged exploration and production activities, contributing to a consistent drop in oil and gas output over recent years.
TotalEnergies is targeting first oil in 2028 from GranMorgu, which is located 150 kilometres off the coast of Suriname. The asset is being exploited via subsea wells tied into a floating, production, storage and offloading vessel.
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable.
Fossil fuel pollution is set to rise to 37.4 billion metric tons this year, an increase of 0.8% from 2023, a report found. Global emissions from coal, oil and gas are all projected to increase.
Automation continues to be the sticking point in the negotiations between the United States Maritime Alliance and the International Longshoremen’s Association to prevent the potential for a new strike that could shut down port operations from New England to Texas starting in mid-January. Recent negotiations, the first since the end of the three-day ILA strike that […]
Investors are bracing for a federal government likely to roll back aid for clean energy projects and to ease regulatory pressures on oil and gas companies, said Dan Pickering, chief investment officer for Pickering Energy Partners.
Under the Biden administration’s new rule, certain oil and gas facilities would be charged $900 per metric ton of “wasteful” emissions in CY 2024, $1,200 for CY 2025 and $1,500 for CY 2026.
House Speaker Mike Johnson and other Republican lawmakers have said they will press to expand oil and gas leases on federal lands. Johnson would also like to allow more drilling in Alaska’s National Petroleum Reserve, after the Biden administration enacted regulations to thwart drilling in more than half the area.