Africa

Transactions

TotalEnergies Expanding Orange Basin Presence

The new acreage offshore South Africa is on trend with the Venus discovery offshore Namibia.

March 6, 2024

International , Liquefied Natural Gas (LNG) , Earnings

Everywhere All at Once: Woodside CEO Touts Current Global Portfolio

Meg O’Neill, the CEO of Australian energy giant Woodside Energy, is overseeing the “next wave” of growth projects around the globe, including developments in the Gulf of Mexico, offshore Senegal and further LNG expansion.

March 5, 2024

Emerging Plays , Deepwater , Discoveries

Rystad: More Deepwater Wells to be Drilled in 2024

Upstream majors dive into deeper and frontier waters while exploration budgets for 2024 remain flat.

February 29, 2024

Earnings , Field Development

In Shooting for the Stars, Kosmos’ Production Soars

Kosmos Energy’s fourth quarter continued the operational success seen in its third quarter earnings 2023 report.

February 28, 2024

International , Natural Gas , Crude Oil , Liquefied Natural Gas (LNG) , Shale Plays

APA’s Permian to Pick up Production Slack Amid Overseas Headaches

With various overseas headaches, Houston-based APA Corp. aims to boost its Permian Basin volumes and integrate its Callon Petroleum acquisition when it closes in the second quarter.

February 26, 2024

Deepwater

Transocean Releases Fleet Status Report

Transocean’s total backlog for its fleet is approximately $9 billion.

February 15, 2024

Crude Oil , Exploration & Production

Majors Aim to Cycle-proof Oil by Chasing $30 Breakevens

Majors are shifting oilfields with favorable break-even points following deeper and more frequent boom cycles in the past decade and also reflects executives' belief that current high prices may not last.

February 14, 2024

Energy Industry Conferences , Exports , Energy Transition , Health, Safety & Environment

Amid Climate Scaremongering, Energy Execs Urge Engagement, Realism

From shale boom to net zero goals, industry experts grappled with the contradictions facing the energy industry during SPE’s Hydraulic Fracturing Technology Conference.

February 6, 2024

Renewables , Energy Storage , Hydrogen , Solar , Wind

Energy Transition in Motion (Week of Feb. 2, 2024)

Here is a look at some of this week’s renewable energy news, including a utility’s plans to add 3.6 gigawatts of new solar and wind facilities by 2030.

February 2, 2024

Acquisitions & Divestitures

Eni, Vår Energi Wrap Up Acquisition of Neptune Energy Assets

Neptune retains its German operations, Vår takes over the Norwegian portfolio and Eni scoops up the rest of the assets under the $4.9 billion deal.

January 31, 2024