Offshore
BP Sees Trinidad Deepwater Gas Project Getting Greenlight by 2025
BP expects the Calypso deepwater natural gas field off Trinidad and Tobago, which it shares with Woodside Energy, to get the greenlight when a final investment decision (FID) is made as early as the end of next year, a company executive said.
Enterprise Products Partners to Receive Sea Port Oil Terminal License in Q1 2024
Enterprise Products Partners expects to receive an export license for its Sea Port Oil Terminal (SPOT) in the first quarter of 2024 versus by the end of 2023, as previously expected, a company executive said on Monday.
TotalEnergies Says Danish Tyra Gas Field Ready to Start in March
TotalEnergies will restart production at Denmark's Tyra natural gas field in March this year, the company said in a statement on Monday.
Talos Energy to Acquire QuarterNorth Energy for $1.29 Billion
Oil and gas company Talos Energy said it will acquire privately held QuarterNorth Energy in a $1.29 billion cash-and-stock deal to bolster its presence in Mexico.
Santos Receives Approval to Construct Subsea Pipeline for $4.3 Billion Barossa Gas Project
Australia's Santos can proceed with construction of an undersea pipeline vital to its $4.3 billion Barossa gas project after a court on Monday ruled in favor of the oil and gas firm in a dispute with an Indigenous man looking to pause the work.
Pipeline Giant Enbridge Targets Expanding Offshore Wind Investments in France, Steers Clear of Troubled U.S. Market
Canadian pipeline company Enbridge is keen on further offshore wind investments in France, but will avoid the United States, where cost and supply chain problems have contributed to offshore projects collapsing, a senior executive said.
Exxon Faces Hurdles in $2.5 Billion Exit from California Offshore
Exxon Mobil's write-down of about $2.5 billion of troubled California properties aims to end five decades of offshore oil production in the state, but a full exit from those assets could take some time.
Shell Resumes LNG Loadings from Prelude Facility in Australia
Shell said on Thursday it has resumed loading LNG cargoes from its Prelude facility offshore Australia following major maintenance.
Equinor Unloads Azerbaijan Assets, Including BTC Pipeline
Norway's Equinor said on Friday it has agreed to sell its assets in Azerbaijan to state-owned energy firm SOCAR, including interests in the ACG oilfield and the BTC pipeline for an undisclosed price.
Mubadala Energy Makes Major Gas Discovery in Indonesia’s South Andaman
United Arab Emirates' Mubadala Energy said it discovered a major deep sea gas reserve in Indonesia's South Andaman Block, which analysts said is the world's second-largest deepwater discovery this year.
Santos Advances Barossa Gas Project with Drilling Nod, Pipeline Fate Entangled in Legal Dispute
Australian oil and gas major Santos said on Monday it had received approval for a revised drilling plan at its $4.3 billion Barossa gas project, although the fate of a pipeline to take gas to shore remains locked in a legal dispute.
Equinor Buys Shell's Stake in the Linnorm Gas Discovery
Norway's Equinor said on Thursday it has agreed to buy Shell's stake in the Linnorm gas discovery in the Norwegian Sea, raising its ownership to 50%.
Venezuela Urges BP, Chevron, and Shell to Revive Offshore Gas Project Amid Territorial Dispute
The request to act on blocks that have not been touched in more than a decade comes amid an escalating territorial dispute with Guyana that has rattled the country and led to an emergency meeting of the United Nations Security Council.
U.S. Coast Guard Finds Sheen Near Oil Spill in Gulf of Mexico
The U.S. Coast Guard said on Wednesday it found a light sheen west of an area in the Gulf of Mexico where it was leading the clean-up of a million-gallon (liters) oil spill for nearly three weeks but could not confirm if the sheen was from that spill.
BASF Buys into Wind Farms to Cut Carbon's Role in Production
BASF has struck a deal with Swedish utility Vattenfall to buy into two German offshore wind farms, in the German chemicals giant's latest move to secure fossil-free power and reduce the carbon footprint of its production.
Guyana Moving Toward New Offshore Gas Pipeline in Liza Offshore Fields
(P&GJ) — With the Gas To Energy project, the government of Guyana will — for the first time — produce energy using the associated natural gas produced in the Liza offshore fields of the Stabroek Block.
Italy’s Saipem wins Guyana, Brazil contracts worth $1.9 billion
In Brazil, Saipem was awarded a contract by Equinor for the Raia project in the Campos Basin. In Guyana, it was awarded a contract by ExxonMobil for the proposed Whiptail oilfield development located in the offshore Stabroek block.
Equinor Sells Stake in Nigerian Oil Field to Chappal Energies
The Norwegian group will sell Equinor Nigeria Energy Company (ENEC), which holds a 53.85% ownership in oil and gas lease OML 128, including a 20.21% stake in the Agbami field, operated by Chevron.
Russian Black Sea Oil Exports Delayed Due to Heavy Storms
Russia's oil and oil product exports from the Novorossiysk Black Sea terminal are being restricted as bad weather has caused significant delays to loadings, two sources familiar with the port's operations said on Monday.
Santos Forecasts Lower 2024 Output as Bayu-Undan Gas Field Nears End of Life
Australia's Santos forecast a fall in 2024 output on Wednesday, as its Bayu-Undan gas field's life comes to an end and production from the West Australian offshore field declines.
Balticconnector Gas Pipeline to Expand Transmission Capacity Post-Repair
The Balticconnector gas pipeline between Finland and Estonia, which was damaged last month, will get a bigger northbound transmission capacity next year following repairs, Finnish operator Gasgrid said in a statement on Wednesday.
Gulf of Mexico Oil Spill Affects Seven Producers, Investigation Underway
U.S. officials said on Tuesday seven energy companies have been impacted by an oil discharge near Main Pass Oil Gathering Co.'s (MPOG) pipeline system in the Gulf of Mexico that is estimated to have released more than a million gallons of crude oil.
US Coast Guard Investigates Source of 1.1 Million Gallons Oil Leak in Gulf of Mexico from Underwater Pipeline
The U.S. Coast Guard on Monday said it was still looking for the source of a leak from an underwater pipeline off the Louisiana coast in the Gulf of Mexico that it estimated had released more than a million gallons of crude oil.
Venezuela Close to Approving Offshore Gas License with Trinidad, Shell
Venezuela is close to approving a license for Shell and the National Gas Company of Trinidad and Tobago to develop a promising offshore natural gas field and export its production to the Caribbean country, two people close to the matter said.
US Coast Guard Heads Gulf of Mexico Oil Spill Cleanup After Underwater Pipeline Leak
The U.S. Coast Guard was leading an oil spill clean-up in the Gulf of Mexico on Friday, partnering with local and federal agencies and companies after a Main Pass Oil Gathering Co. (MPOG) underwater pipeline began leaking.
Energy Transfer, TotalEnergies Ink Deal for Crude Offtake from Blue Marlin Offshore Port
(P&GJ) — U.S. pipeline operator Energy Transfer said on Thursday it has signed a non-binding agreement to supply crude oil to French energy major TotalEnergies from its upcoming Blue Marlin oil export project.
Snam to Invest $1.1 Billion in Ravenna Offshore LNG Terminal
Italian gas grid operator Snam will invest a total of $1.1 billion in a new LNG offshore terminal near Ravenna, the company's CEO said on Tuesday.
Chevron Resumes Natural Gas Supply from Israel's Tamar Offshore Field
Chevron said on Monday it had resumed the supply of natural gas from the offshore Tamar field, a month after it was told by Israel to halt operations due to violence in the region.
Mexico's Pemex, New Fortress Energy Scrap Deepwater Gas Project, Sources Say
Mexican state energy company Pemex and U.S. LNG company New Fortress Energy have terminated a deal to develop potentially the country's first deepwater natural gas project that was signed a year ago, two sources with direct knowledge of the matter said.
Talos Working on Engineering Design for Zama Oil, Gas Project in Mexico
Talos Energy is making a final review of the engineering design and working to secure financing for the Zama project, a Mexican oil and gas project in the Gulf of Mexico, before making a final investment decision (FID), the company's CEO said on Tuesday.
- Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
