Talos Energy has announced its fourth quarter and year-end 2024 financial results, reporting a net loss of $64.5 million for the quarter and $76.4 million for the year.Production for the year was 92.6 MBoe/d (71% oil, 80% liquids).Talos Interim CEO…
U.S. oil and gas company Talos Energy has appointed Paul Goodfellow as President, Chief Executive Officer (CEO) and a member of the company’s Board of Directors.Paul Goodfellow brings over thirty years of domestic and international experience…
U.S. oil and gas company Talos Energy has informed that Joseph Mills has resigned as Interim President and Chief Executive Officer (CEO) and a member of the board, as the appointment of permanent CEO reaches final stage.Joseph Mills will leave the company to pursue other opportunities…
The Interior Department has now approved more than 19 gigawatts of offshore wind energy.The Biden-Harris administration today announced the approval of the SouthCoast Wind Project – the nation’s 11th commercial-scale offshore wind energy project approved under President Biden’s leadership…
The Bureau of Ocean Energy Management (BOEM) announced today that it is issuing a Determination of Competitive Interest in two Wind Energy Areas (WEAs) in the Gulf of Mexico. The determination comes after an unsolicited request from Hecate Energy…
The US Bureau of Ocean Energy Management (BOEM) has made the final Environmental Impact Statement (EIS) for the proposed SouthCoast Wind Project available.If approved, the project could generate up to 2.4GW of offshore wind energy, enough to power more than 800…
Patriot Offshore Maritime Services NY, a subsidiary of Lake Success, N.Y. based Liberty Green Logistics, announced it has been awarded a 10-year contract to provide crew transfer vessel (CTV) services for Empire Offshore Wind LLC.Patriot Offshore's…
The U.S. departments of Energy (DOE) and the Interior (DOI) announced the selection of 14 projects totaling nearly $17 million to further support durable and environmentally responsible U.S. offshore wind energy and marine energy deployments…
ExxonMobil said on Thursday it has acquired state leases for over 271,000 acres in Texas state waters for an offshore carbon dioxide (CO2) capture operation.The lease with the Texas General Land Office follows Exxon's 2021 bid for federal land off the Texas coast for CO2 capture…
Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the company's CEO said on Wednesday.Norwegian-born billionaire John Fredriksen lost the control of the company, once the world's largest driller by market cap…
Esgian provides an update on new contract awards for Greatship, Transocean, Noble and Stena Drilling in its Week 36 Rig Analytics Market Roundup.Report SummaryContractsGreatship has secured a contract with Cairn for its 350-ft Greatdrill Chetna jackup drilling rig in India…
Talos Energy and its partners have discovered commercial quantities of oil and natural gas in the Ewing Bank 953 well in the Gulf of Mexico.The EW 953 well encountered approximately 127 feet of net pay in the target sand at approximately 19…
Talos Energy said on Friday its CEO Tim Duncan had stepped down on Aug. 29 after serving more than 12 years as the U.S. oil and gas firm's top boss.Shares of the company fell 2.7% in premarket trade.The company named board member Joseph Mills…
A commercial dive crew from Phoenix International Holdings recently completed an underwater inspection in lieu of drydocking (UWILD) for Talos Energy on the Thunderhawk platform at MC-736-A in the Gulf of Mexico.Using a deep air package and a dive crew consisting of six divers…
The safe, timely and cost-efficient decommissioning of offshore infrastructure is one of the big challenges faced by the oil & gas sector. We estimate that the liability currently stands at over $300 billion (real terms), and this will only…
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