Portugal’s Galp has reached a farm-in agreement with KE STP Company, a Shell affiliate, for the acquisition of a 27.5% stake in São Tomé and Príncipe’s Block 4, forming a joint venture with Shell, Petrobras and ANP-STP.With the agreement, Galp expands its presence offshore São Tomé and Príncipe…
Europa Oil & Gas has received a one-year extension from the Minister of Hydrocarbons and Mining Development for Equatorial Guinea for the initial two-year period of the EG-08 production sharing contract (PSC), with the plans for drilling of the Barracuda prospect set for 2026…
MCS Group’s Photo Realistic 3D Cloud (PRC) technology has been deployed in the West Delta Deep Marine (WDDM) gas field development offshore Egypt, improving accuracy and reducing subsea survey time for Burullus Gas Company, a joint venture between…
Chevron, the world’s third-largest oil company, and investment fund Westlawn have joined Anadarko Petroleum in a consortium to explore offshore oil and gas blocks in Peru, in a move officials said could boost energy security and attract further global investment…
Shearwater Geoservices has secured a seven-month streamer contract by Oil India, starting in the fourth quarter of 2025.The combined 3D and 2D seismic survey will employ two vessels from the Shearwater fleet.The project covers the Mahanadi and…
French seismic firm Viridien, in collaboration with Norway’s TGS, has completed the acquisition of the Laconia Phase III ultra-long offset ocean bottom node (OBN) survey in the Gulf of America.The latest phase spans 151 OCS blocks and expands…
Energy data and intelligence firm TGS has started PAMA Phase II 3D multi-client survey in the Equatorial Margin area offshore Brazil.The first phase covered 19,343 square kilometers and more than 25 future exploration blocks within the Pará-Maranhao Basin…
An auction of deepwater oil and gas exploration and production blocks in Trinidad and Tobago has failed to attract significant interest from foreign investors, with bids submitted for just four of the 26 areas on offer.The bidding round closed…
TotalEnergies has signed four Production Sharing Contracts (PSCs) for exploration blocks offshore Liberia, which were awarded following the 2024 Direct Negotiation Licensing Round organized by the Liberia Petroleum Regulatory Agency.The agreements were signed for the blocks LB-6…
Petronas Carigali, an exploration and production arm of Malaysia’s Petronas, has signed an agreement with Geoteric, an AI-driven seismic interpretation software firm, to expand the use of artificial intelligence in oil and gas exploration activities…
Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has signed amendments and secured license extensions across all four of its petroleum exploration licenses in Namibia and agreed to farm out its 85% stake in PEL 98 to Namibian-owned Lamda Energy…
U.S. oil major Chevron has submitted a bid to explore for natural gas in four blocks offshore Greece in a consortium with Greece's Helleniq Energy, Greece's Energy Minister Stavros Papastavrou said on Wednesday.The country launched the tender…
Golden Software has continued to enhance the 3D drillhole viewing functionality in the latest release of its Surfer mapping and 3D visualization software package. Overall, the new version of Surfer provides users with several upgrades to save time and streamline creation of subsurface maps…
Viridien has started the processing and imaging phase for the Utsira North multi-client Ocean Bottom Node (OBN) seismic survey in the Norwegian North Sea, to support exploration and development on the Norwegian Continental Shelf.The processing…
Singapore-based marine logistics firm Marco Polo has hired Norwegian ship designer Salt Ship Design to design the CSOV Plus, the next-generation commissioning service operation vessel (CSOV) for oil and gas and offshore wind sectors.The contract…
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