By Melisa Cavcic Vaalco Energy is anticipating a boost to its reserves and production after its third well in 2022 goes online off Gabon later this month. The post Vaalco finds more hydrocarbon reserves in Gabon… … Read Full Article Here For more great articles: Offshore Energy Today
By Melisa Cavcic Enauta has been granted an extension of the concession agreement for a field off Brazil, enabling it to ramp up output and increase reserves. The post Enauta expects to boost oil output from… … Read Full Article Here For more great articles: Offshore Energy Today
By Sanja Pekic TotalEnergies will no longer book proved reserves for the Arctic LNG 2 and will book a $4.1 billion impairment charge on Novatek’s project. The post TotalEnergies takes $4.1 bln impairment charge on Russian Arctic LNG 2 project appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World…
By Nermina Kulovic The International Energy Agency’s (IEA) 31 members agreed to a new release of oil from emergency reserves in response to the market turmoil. The post IEA states to release emergency oil reserves for the second time this year appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG…
By Nermina Kulovic U.S. President Joe Biden announced plans for what is said to be the largest release from the strategic petroleum reserves in American history. The post Biden orders ‘the largest release of oil reserves in American history’ to lower prices appeared first on Offshore Energy. Read Full Article Here For more great articles:…
By Nermina Kulovic Siccar Point Energy believes that Equinor, the operator of the Mariner field, has been premature in its reserves downgrade for the field. The post Mariner partners disagree with Equinor over… … Read Full Article Here For more great articles: Offshore Energy Today
By Nermina Kulovic Equinor has reduced its recoverable reserves estimate for a field in the UK North Sea, which will result in a $1.8 billion impairment. The post Equinor to book $1.8 bln impairment as UK field… … Read Full Article Here For more great articles: Offshore Energy Today
By Sanja Pekic Gas-to-power developer New Fortress Energy (NFE) will develop an energy hub, including natural gas, power, LNG, and blue ammonia, using existing offshore gas reserves off the coast of Mauritania. The post NFE to develop LNG and ammonia energy hub in Mauritania appeared first on Offshore Energy. Read Full Article Here For more…
By Melisa Cavcic President Biden ordered the release of oil from the nation’s Strategic Petroleum Reserve in an effort to address rising gas prices. The post Biden on a mission to combat rising energy prices and… … Read Full Article Here For more great articles: Offshore Energy Today
By Nermina Kulovic Woodside has cut the proved and probable gas reserves estimate for the Greater Pluto area off Western Australia following subsurface studies. The post Woodside curbs Pluto gas reserves appeared… … Read Full Article Here For more great articles: Offshore Energy Today