Oil & Gas
America
Targa to Expand Natural Gas Infrastructure in Permian Basin
Targa Resources Corp. has unveiled a series of new organic growth initiatives aimed at supporting the ongoing expansion of natural gas liquids (NGL) and natural gas production in the Permian Basin. The company said the projects are designed to...
Europe
Norway Approves New North Sea Gas Export Route from Troll B
The Norwegian Offshore Directorate, NOD, has approved a new gas export route from the North Sea, supporting Norway's bid to reduce declining gas output and protect energy supply. Consent has been issued for a tie-in from Equinor’s Troll B...
Companies
Baker Hughes Wins Petrobras Deal for Subsea Tree System
Baker Hughes, an energy technology company with operations in more than 120 countries, said that it has been awarded a contract from Petrobras to provide up to 50 subsea tree systems and related services for multiple offshore oil field...
Companies
ExxonMobil to Proceed $6.8B Hammerhead Project in Guyana
ExxonMobil has reached a final investment decision to move forward with the Hammerhead development offshore Guyana, following the completion of regulatory approvals. Hammerhead, located on the Stabroek block, will be the company’s seventh project in the area and is...
Companies
Companies form Hydrocarbon Exploration Consortium in Peru
Chevron, Anadarko, and Westlawn have finalized a consortium agreement to advance hydrocarbon exploration off the peru coast. Initial item in the agenda is analyzing results from a 3D marine seismic survey before deciding on drilling plans. The deal involves...
Africa
TotalEnergies Enters Oil Exploration Contracts in Liberia
TotalEnergies has entered into four new Production Sharing Contracts (PSCs) covering offshore exploration blocks LB-6, LB-11, LB-17, and LB-29 in Liberia’s southern basin. The agreements, signed following the 2024 Direct Negotiation Licensing Round led by the Liberia Petroleum Regulatory...
Africa
GTT and Samsung Heavy Industries Enter FLNG Tank Contract
Gaztransport & Technigaz (GTT) declared that it secured a major order from Samsung Heavy Industries (SHI) to deliver tank design for a Floating Liquefied Natural Gas (FLNG) facility set to be deployed on the African continent. The project is...
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