TotalEnergies begins production at Fenix gas field in Argentina, marking $706m investment

TotalEnergies begins production at Fenix gas field in Argentina, marking $706m investment

TotalEnergies has started production at the Fenix gas field, located 60 kilometres off the coast of Tierra del Fuego in southern Argentina, after a significant investment of $706 million. The project, which is part of the Cuenca Marina Austral 1 (CMA-1) concession, is expected to have a daily production capacity of 10 million cubic metres […]

Zama oil field development takes a major step forward with new FEED contract

Zama oil field development takes a major step forward with new FEED contract

The Zama Unit partners, consisting of Wintershall Dea, Pemex (operator), Talos Energy, and Harbour Energy, have awarded a pivotal Front-End Engineering and Design (FEED) contract to the French engineering firm DORIS. This significant contract involves the design and planning of offshore platforms, extensive pipeline networks, and a new onshore facility at the Dos Bocas Maritime […]

Viking CCS Project : Technip Energies wins FEED contract for CCS project in Humber

Viking CCS Project : Technip Energies wins FEED contract for CCS project in Humber

Technip Energies has been awarded a crucial Front-End Engineering Design (FEED) contract for the Viking Carbon Capture and Storage (CCS) project. This initiative, led by Harbour Energy in partnership with bp, is set to revolutionize the UK’s approach to reducing carbon emissions. Situated in the Humber region, the UK’s most industrialized area and largest source […]

Harbour Energy strikes $11.2bn deal to acquire Wintershall Dea’s upstream assets

Harbour Energy strikes $11.2bn deal to acquire Wintershall Dea’s upstream assets

Harbour Energy has announced its agreement with BASF and LetterOne, shareholders of Wintershall Dea AG (“Wintershall Dea”), for the acquisition of a substantial portion of Wintershall Dea’s upstream assets, valued at $11.2 billion. This acquisition includes Wintershall Dea’s upstream assets in various countries, excluding its Russian assets, and marks a significant stride in Harbour’s journey […]

Wood and Harbour Energy ink $330m deal for UK North Sea operations

Wood and Harbour Energy ink $330m deal for UK North Sea operations

In a major development for the UK energy sector, Wood and Harbour Energy, the UK’s largest oil and gas producer, have entered into a strategic partnership. The new master services agreement (MSA) and associated contracts, valued at around $330 million, signal a significant investment in the UK’s North Sea operations. Wood to Provide Comprehensive Services […]