The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved a sales purchase agreement (SPA) by TotalEnergies for its entire 12.5% stake in Oil Mining Lease (OML) 118, which contains Bonga offshore field, to Shell's SNEPco and Eni's Nigerian Agip Exploration (NAE)…
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…
Malaysian independent oil and gas exploration firm Hibiscus Petroleum has spudded a new well at the Teal West field in the North Sea, off the coast of the United Kingdom.The drilling operations is being done with Shelf Drilling’s Shelf Drilling Fortress jack-up rig…
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…
Eni, together with its Offshore Cape Three Points (OCTP) project partners, Vitol and the Ghana National Petroleum Corporation (GNPC), has signed a Memorandum of Intent with the Government of Ghana, targeting the country’s oil and gas production increase and new sustainable initiatives…
Egypt signed three investment agreements worth more than $121 million for oil and gas exploration in the Western desert, Suez Gulf and north of Sinai, the Egyptian petroleum ministry said on Sunday.The deals were with Parenco Egypt, Dubai-based Dragon Oil and Apache…
The Norwegian Offshore Directorate (NOD) has provided more details about the recent oil discovery at OKEA-operated license in the North Sea, which is being considered for tie-back to the nearby Brage field.Norwegian oil and gas firm OKEA and…
Energy technology company Baker Hughes has secured a contract by Turkish Petroleum (TPAO) and Turkish Petroleum Offshore Technology Center (TP-OTC) to supply subsea production and intelligent completion systems for Sakarya Gas Field Phase 3 in Black Sea…
Italian energy services firm Saipem has secured a new offshore contract by Turkish Petroleum OTC for the third phase of the Sakarya gas field development project in Türkiye, worth approximately $1.5 billion.The third phase of development entails a new dedicated floating production unit (FPU)…
In Norway, made rich by oil and gas, the idea of shutting fields sends chills, but that is exactly what the small Green Party is pushing as a global switch away from fossil fuels looms.And it's a demand with greater meaning after Monday's election…
Thailand’s state-owned oil and gas company PTT Exploration and Production (PTTEP) has reached the final investment decision (FID) on carbon capture and storage (CCS) project at its producing Arthit gas field, offshore Thailand.This milestone marks Thailand’s first CCS development…
Africa-focused oil and gas company Afentra has signed Heads of Terms with Angola’s National Agency of Petroleum, Gas and Biofuels (ANPG) for a Risk Service Contract covering offshore Block 3/24, its first operated license in the country.The formal award is expected in the coming months…
French seismic firm Viridien, in collaboration with joint venture partner TGS, has started the Megabar Extension Phase I survey in the Barreirinhas Basin offshore Northern Brazil.The 5,300 sq km multi-client 3D seismic survey will be acquired…
TotalEnergies, together with its partner South Atlantic Petroleum, have signed the Production Sharing Contract (PSC) for two exploration licenses offshore Nigeria.The PSC was signed for the PPL 2000 and PPL 2001 licenses, in which TotalEnergies is the operator with 80% working interest…
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