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Supported by industry funding, Laconia Phase III, covering approximately 150 OCS blocks in the Keathley Canyon protraction areas, will be acquired by TGS and imaged by Viridien to target prospective but difficult-to-image subsalt reservoirs.
As part of the collaboration, PETRONAS Carigali Sdn. Bhd. will deploy Halliburton Landmark’s DecisionSpace® 365 Geosciences Suite and Unified Ensemble Modelling solutions with the objective to unify exploration and development workflows and accelerate time to first oil.
This is the third discovery exploration well in production licence 891.
The FPSO came on stream on 31 March, while the first cargo was loaded on 25 May, shipping around 700 000 barrels to Spain.
Repsol Resources UK has awarded Halliburton a five year contract to support the full well lifecycle on their platform assets in the UK North Sea.
The US Energy Information Administration has forecast crude oil production in the Federal Offshore Gulf of America [Gulf of Mexico] (henceforth GoA) will average 1.80 million bpd in 2025 and 1.81 million bpd in 2026, compared with 1.77 million bpd in 2024, in its most recent Short-Term Energy Outlook (STEO).
Onshore crude oil production in the US Lower 48 states (L48) has more than tripled since January 2010, driven by tight oil production growth in the Permian region.
Mento is one of bp’s 10 major projects expected to start up worldwide between 2025 and 2027 that bp announced earlier this year as part of its strategy to grow the upstream.
Amplus selects Astican Shipyard in Las Palmas for redeployment of iconic FPSO unit.
ADNOC Drilling will acquire a 70% stake in the JV with SLB, with the transaction expected to be earnings, cashflow and returns accretive.