Shell Offshore, a subsidiary of Shell, has taken a final investment decision (FID) on a waterflood project at its Kaikias field in the Gulf of America, aiming to boost its recoverable resources.Water will be injected to displace additional oil…
ConocoPhillips Skandinavia, and its partners Vår Energi, Orlen Upstream Norway, and Petoro, have made a final investment decision (FID) for the joint redevelopment of an oil and gas project in the Greater Ekofisk Area, offshore Norway.The FID is for the Previously Produced Fields (PPF) Project…
TotalEnergies has closed an agreement to divest to PTTEP an indirect interest of 9.998% in block SK408 in Malaysia.TotalEnergies will keep a 30.002% interest in block SK408 and the operatorship. The block is a major gas development, contributing to Malaysia’s energy security…
Odyssey Marine Exploration, Inc., a U.S.-based ocean exploration and marine resource development leader, received news that the Bureau of Ocean Energy Management’s (BOEM), a department of the U.S. Department of Interior (DOI), has initiated…
To advance President Trump’s national strategy for securing America’s critical mineral supply, the Bureau of Ocean Energy Management has initiated the process for a potential mineral lease sale in federal waters off the coast of Virginia. This…
BP has delivered first oil from the Atlantis Drill Center 1 expansion project in the U.S. Gulf of America, two months ahead of plan.The project is expected to add 15,000 barrels of oil equivalent per day (boe/d) gross peak annualized average production at the existing Atlantis platform…
Rockhopper Exploration has taken a final investment decision (FID) on Phase 1 of the Sea Lion oil development north of the Falkland Islands, allowing the long-delayed project to proceed after securing financing commitments and regulatory approvals…