Chevron has announced first oil at the Anchor field in the US Gulf of Mexico (GoM) deepwater, unlocking the potential for a considerable amount of new production, according to Wood Mackenzie. Commenting on the announcement, Mfon Usoro, principal analyst at Wood Mackenzie, says: ‘First oil from Anchor is a major technological milestone in the US Gulf of Mexico, culminating from a decade-long effort from operators, service companies and regulators. The US GoM has repeatedly proven itself as a hub for technological innovation and the deployment of the ultra-high-pressure technology puts the region once again at the forefront of a technology […]
Terminal News
Hanwha Ocean Advances Newfoundland LNG Project
Hanwha Ocean has signed a strategic memorandum of understanding (MOU) with Fermeuse Energy to jointly advance the Newfoundland and Labrador LNG development project in Canada. This collaboration underscores Hanwha’s long-term
January 23, 2026
