Latest News

Talos Energy Inc. has provided an update regarding successful drilling operations on the Company's Tornado 3 sidetrack well ("Tornado Attic" well), which successfully discovered pay in-line with pre-drill expectations. Talos holds a 65.0% working interest in the Tornado field and is the operator with Kosmos Energy also holding a 35% working interest.

The discovery of the Magnus oilfield in 1974 catalysed a major leap for subsea controls systems. At the time, producing from satellite wells just a mere 5km away was the limit of what could be practically achieved with direct hydraulic controls.

Wind farm developers can achieve significant cost savings on foundation design and installation scopes by carefully planning the data acquisition and analysis stage. Jason Smith, one of Fugro’s marine site characterization experts, explains key strategies for meeting today’s cost and schedule challenges.

Danos has announced that it has expanded its business development team with two internal moves and one new hire. Rene Vidrine has been promoted to executive account manager. Bounty Fontenot has moved to sales and business development representative, and Chase Clement joins the team as a sales and business development representative.

The release of the IEA’s Roadmap to Net Zero by 2050 report on May 20, is a potential bombshell for the industry as it concludes that ‘Beyond projects already committed as of 2021, there are no new oil and gas fields approved for development in our pathway.’ The industry now faces some stark choices on the path to take.

The Department of the Interior has suspended all activities related to the implementation of the Coastal Plain Oil and Gas Leasing Program in the Arctic National Wildlife Refuge pending completion of a comprehensive analysis under the National Environmental Policy Act (NEPA).

Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, Inc., and Copenhagen Infrastructure Partners (CIP), have received the Record of Decision (ROD) from the U.S. Department of the Interior Bureau of Ocean Energy Management (BOEM), the final major step in the federal review process for the first commercial scale offshore wind farm in the United States.

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