Category: Industry News

Argentina has initiated gas exports from its Vaca Muerta shale formation to Brazil, utilising Bolivian pipelines.

GeoPark, an energy company operating in Latin America, has announced the divestment of non-core assets and the implementation of cost efficiency initiatives.

Subsea 7 has been awarded a contract by Equinor to serve as the technical service provider for the Northern Lights phase two project, offshore Norway.

Sempra has announced strategic actions to advance its capital recycling programme, focusing on its Texas and California utilities.

SLB has been awarded a contract by Woodside Energy to drill 18 ultra-deep-water wells for the Trion development project, located offshore Mexico.

WhiteHawk Energy has announced the acquisition of additional natural gas mineral and royalty assets in the Marcellus Shale for $118m.

Chevron U.S.A., a subsidiary of Chevron, has announced the sale of a 70% interest in its east Texas gas assets to TG Natural Resources (TGNR) for $525m.

China National Offshore Oil Corporation (CNOOC) has announced a substantial oilfield discovery named Huizhou 19-6 in the eastern South China Sea at an average water depth of approximately 100m.

bp Trinidad and Tobago (bpTT) has reached the final investment decision (FID) on the Ginger gas development, marking a significant progress in its Trinidad operations.