Africa
Crude Oil , International
What's Affecting Oil Prices This Week? (May 6, 2024)
Stratas Advisors forecast that oil demand for 2024 will increase by 1.41 MMbbl/d in comparison to 2023 and that oil demand will increase by 810,000 bbl/d in comparison to 2Q23.
Business , Deepwater , Field Development , Service & Supply
Valaris’ 1Q Sets Positive Tone for Offshore
Coming out of first-quarter 2024, drilling contractor Valaris expects a sustained upcycle for the offshore drilling industry supported by demand growth, OPEC+ production cuts and supportive commodity prices.
Field Development , Subsea
E&P Highlights: April 29, 2024
Here’s a roundup of the latest E&P headlines, including a new contract award and drilling technology.
Earnings , Transactions
Weatherford M&A Efforts Focused on Integration, Not Scale
Services company Weatherford International executives are focused on making deals that, regardless of size or scale, can be integrated into the business, President and CEO Girish Saligram said.
Field Development , Emerging Plays
Rhino Taps Halliburton for Namibia Well Work
Halliburton’s deepwater integrated multi-well construction contract for a block in the Orange Basin starts later this year.
Exploration & Production , Acquisitions & Divestitures
Galp Seeks to Sell Stake in Namibia Oilfield After Discovery, Sources Say
Portuguese oil company Galp Energia has launched the sale of half of its stake in an exploration block offshore Namibia.
Field Development , Subsea , Discoveries , Deepwater
E&P Highlights: April 15, 2024
Here’s a roundup of the latest E&P headlines, including an ultra-deepwater discovery and new contract awards.
Geothermal , Solar , Wind , Hydrogen , Energy Storage , RNG , Bioenergy/Biomass
Energy Transition in Motion (Week of April 12, 2024)
Here is a look at some of this week’s renewable energy news, including a renewable energy milestone for the U.S.
Deepwater , Field Development , Exploration & Production
Deepwater Roundup 2024: Offshore Africa
Offshore Africa, new projects are progressing, with a number of high-reserve offshore developments being planned in countries not typically known for deepwater activity, such as Phase 2 of the Baleine project on the Ivory Coast.
Renewables , Natural Gas , CERAWeek
Collaboration, not ‘Mythical’ Renewables will Solve Climate Crisis
Tinker Energy Associates CEO Scott Tinker is optimistic that a combination of passion, expertise and funding can solve the world’s existential crisis—if the right questions are asked.