Portugal's Galp has been awarded three offshore blocks as part of Brazil’s fifth Open Permanent Concession bid round.Galp acquired offshore early-stage exploration blocks P-M-1670/1672/1741 in the Pelotas basin, in the southern region of the country…
Equinor has secured a new exploration opportunity in Brazil, having won the license for S-M-1617 offshore block in Santos Basin during the country’s fifth Open Permanent Concession bid round.The S-M-1617 license in Brazil was secured by Equinor…
Exxon Mobil and Chevron on Tuesday took their first steps toward eventually exploring oil in Brazil's Foz do Amazonas basin, scooping up offshore blocks auctioned by the country in the promising but environmentally-sensitive area.The move marks…
African energy explorer Rhino Resources and its partner Azule Energy will drill the new Volans-1X exploration well offshore Namibia in late July or early August, a company spokesperson said on Tuesday.The Volans prospect is being investigated…
TotalEnergies has acquired interests from Petronas in multiple blocks offshore Malaysia and in one block offshore Indonesia, where exploration, appraisal and development programs will be progressed.The licenses, which are all in different maturation stages…
TotalEnergies has entered 40 Chevron-operated exploration blocks, growing its portfolio of U.S. offshore oil and gas assets.TotalEnergies has acquired a 25% working interest in a portfolio of exploration leases offshore U.S. from Chevron, which acts as the operator…
The Norwegian Ministry of Energy has offered and exploration license for the storage of CO2 in North Sea to Equinor Low Carbon Solution.The license is offered with a binding work program with built-in milestones to ensure fast and efficient…
OMV Petrom and NewMed Energy, the partners in the Bulgaria's Han Asparuh offshore block in the Black Sea, have reached the decision to drill an exploration well in the Krum Prospect.The drilling of the exploration in Krum prospect, named Krum-1…
U.K.-based Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has secured two-year extension of the exploration period for two blocks located in moderate to deep waters offshore Vietnam.The approval has been received…
Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has completed the farm-in agreement in the Orange Basin block, securing the full operatorship and exploration rights offshore South Africa.Eco has now secured…
BP, together with its partners, has entered into a series of agreements that will build and expand on its major oil and gas interests in Azerbaijan, paving the way for growth and additional production while deepening its partnership with the country and state oil company…
Exxon Mobil and Azeri state energy company SOCAR said on Monday they signed a deal agreeing to explore onshore oil and gas production in Azerbaijan, while BP is expected to buy into new Azeri offshore fields, according to three sources.Azerbaijan's…
A wildcat well, drilled by Harbour Energy Norge and its partner Stella Maris CCS in the Havstjerne storage project, has confirmed a reservoir that is suitable for injection and storage of carbon dioxide (CO2).Well 9/6-1 was drilled in the North…
TotalEnergies has signed an agreement with Shell for the sale of its non-operated interest in the Bonga field, offshore Nigeria, for $510 million.TotalEnergies, through its subsidiary TotalEnergies EP Nigeria, agreed the sale of its 12.5% interest…
Australia is losing its competitive edge in attracting investment in natural gas exploration and production, threatening the nation’s energy security, economic growth and emissions reduction targets, a new report by Wood Mackenzie has found…