French oil major TotalEnergies will relocate its floating LNG storage and regasification unit currently stationed in northwest France, it said on Tuesday.The FSRU, which has a capacity of 5 billion cubic metres, or 10% of French gas demand,…
Egyptian President Abdel Fattah el-Sisi met Eni CEO Claudio Descalzi to review the Italian group's investments in the African country and discuss new initiatives, the energy company said on Tuesday.Eni, which is the operator of Egypt's offshore gas field Zohr…
Equinor will drill 250 oil and gas exploration wells in Norwegian waters in the next 10 years to fulfil a goal of sustaining output in 2035 at 2020 levels, driven by expectations of prolonged fossil fuel demand, its CEO said on Tuesday.The Norwegian…
Suriname’s state-run energy company Staatsolie has launched the ‘Open-Door Offering’, an initiative aimed at unlocking new oil and gas exploration opportunities in the Guiana Basin.Approximately 60% of Suriname’s offshore acreage is available…
Abu Dhabi state oil company ADNOC plans $150 billion of investment between 2026 and 2030, it said on Monday, seeking to maintain existing operations, drive growth and meet global energy demand.During a meeting on Monday, the board of directors…
Libya's National Oil Corporation said it is approaching the final stage of a public exploration bid round, with companies expected to submit offers and open bids in February 2026, according to a statement on Thursday.The bid round, the first in over 17 years…
Swiss-based equipment supplier Sulzer has secured an order to supply multiple water injection packages to Seatrium for Petrobras’ next generation P-84 and P-85 floating production storage and offloading (FPSO) vessels.To support the construction of both vessels…
Exxon Mobil said on Thursday it has lifted force majeure on a large liquefied natural gas project in Mozambique called Rovuma LNG.The company paused work after French oil major TotalEnergies also declared force majeure on its separate LNG project…
President Donald Trump's administration on Thursday unveiled a plan for a dramatic expansion of oil and gas drilling rights auctions in U.S. waters, including in California, where state officials strongly oppose energy development along its world-famous coastline…
This week, the Department of the Interior issued the Draft Proposed Program for the next five year federal offshore oil and gas leasing program, and the response from industry has been positive.Under the new proposal for the 2026–2031 National Outer Continental Shelf Oil and Gas Leasing Program…
Norway's combined oil and gas production lagged an official forecast by 3% in October, the Norwegian Offshore Directorate (NOD) said on Thursday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…
Oil and gas firm DNO Norge has hired AGR, part of ABL Group, to carry out an independent evaluation of reserves and resources for the oil and gas operator’s asset portfolio.AGR will provide DNO Norge, which is the Norwegian operation of Oslo-listed DNO…
Oil majors TotalEnergies and Chevron have emerged as front-runners in the auction for a 40% operating stake in Galp's Mopane discovery in Namibia, four sources told Reuters.Oil companies have flocked to Namibia, which has no hydrocarbon production…
The message could not have been clearer as protesters carried coffins labeled oil, coal and gas through Belém while negotiators met in the Amazonian city for the United Nations COP30 climate summit.It may be too early to declare the end of the fossil fuel era…
The Australian Government has published a consultation paper seeking feedback on reforms to Decommissioning and Financial assurance arrangements for the offshore oil and gas industry.Australia has up to A$60 billion of offshore oil and gas decommissioning…