OKEA and Aker BP have struck a deal, which enables the former to get an interest in a prospect the latter is contemplating to drill with the aim of finding more hydrocarbons in the North Sea off the coast of Norway.
The post Norwegian firm getting a st…
Norwegian firm getting a stake in North Sea prospect ahead of drill-or-drop decision Read More »
ExxonMobil is buoyed by the possibility of cutting seismic processing time from months to weeks with 4D seismic technology, in combination with high-performance computing (HPC), which will bolster the firm’s subsurface capabilities.
The post ExxonMobil…
Following a years-long hiatus, a multibillion-dollar liquefied natural gas (LNG) project off the coast of Mozambique is shaking the rust off its development by getting back on track with a loan of nearly $5 billion secured from the newly appointed boar…
$5 billion loan dusting off the cobwebs from TotalEnergies’ stalled $20B LNG project Read More »
As a recent allision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea keeps reverberating across the maritime industry, many conspiracy theories are making the rounds.
The post Oil tanker stays put as cargo sh…
Murphy Oil Corporation has set the wheels in motion to buy BW Offshore’s FPSO, which is working at its asset in the Gulf of America, former the U.S. Gulf of Mexico.
The post US oil & gas operator splashes millions on BW Offshore FPSO to unlock cost…
US oil & gas operator splashes millions on BW Offshore FPSO to unlock cost savings Read More »