Chevron Corporation (NYSE: CVX) has commenced water injection operations at two of its deepwater facilities in the U.S. Gulf of Mexico, marking a significant step to enhance oil and natural gas recovery in one of its most productive regions. The company’s move is expected to maximize output from existing fields at the Jack/St. Malo and […]
OMV (Norge) AS has announced a significant gas discovery in the Norwegian Sea, further solidifying its position as a key energy supplier in Europe. The deepwater exploration well, located approximately 300 kilometers west of the Norwegian mainland and 65 kilometers from the Aasta Hansteen field, has revealed preliminary recoverable volumes of up to 140 million […]
In a move poised to transform the deepwater oil and gas sector, Petrobras, the Brazilian oil giant, and American firm Curtiss-Wright (NYSE: CW) have entered into a technological cooperation agreement to develop a high-reliability, fully electric subsea pumping system. This innovative system, designed to be less dependent on production platforms, is expected to significantly reduce […]
Mubadala Energy, the Abu Dhabi-headquartered international energy company, has made headlines with its latest gas discovery at the Tangkulo-1 exploration well, situated approximately 65 kilometers offshore North Sumatra, Indonesia. This marks the company’s second successful deepwater exploration, following the recent major discovery at Layaran-1 in the same region. Details of the Gas Discovery The Tangkulo-1 […]