Block News

 

Norway Puts 76 Offshore Oil and Gas Block on Offer

May 09, 2025

Norway offered 76 new blocks to explore for oil and gas in the Norwegian Sea and the Barents Sea on Friday in a so-called APA licensing round, an annual event awarding acreage in mature parts of the continental shelf, the energy ministry said…

Use of Drones for Improved Security of Oil and Gas Up for North Sea Trials

May 08, 2025

A 12-month North Sea trial will start this summer to test the widescale use of drones flying alongside other aircraft, such as helicopters, which could unlock the potential of using drones to boost the security of oil and gas platforms.The trial is run by the Civil Aviation Authority…

Norway Set to Restart Frontier Oil and Gas Exploration Licensing

May 07, 2025

The Norwegian parliament on Tuesday ordered the Labour minority government to launch a new frontier areas oil and gas exploration licensing round, setting the stage for increased oil drilling.Norway became Europe's largest supplier of natural gas following Russia's invasion of Ukraine in 2022…

Exxon Consortium Produced 668,000 bpd in Guyanese Oil Last Week

May 06, 2025

A consortium led by Exxon Mobil that controls all oil and gas output in Guyana produced 668,000 barrels per day (bpd) of oil last week, the U.S. company's head for the South American country, Alistair Routledge, said during a conference on Tuesday…

Eco Atlantic Moves Forward with Orange Basin Offshore Block Plans

May 06, 2025

Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has moved forward in the process of formalizing the operatorship of the recently acquired block offshore South Africa.As announced in 2024, Eco has, through its wholly owned subsidiary Azinam South Africa…

Democratic-Led Coalition Sues Trump for Halting Offshore Wind Projects

May 06, 2025

A coalition of Democratic state attorneys general sued on Monday in a bid to block President Donald Trump's move to suspend leasing and permitting of new wind projects, saying it threatens to cripple the wind industry and a key source of clean energy…

US Will Revise Biden-Era Bonding Rule

May 04, 2025

The Trump administration will revise a Biden-era rule that required the oil and gas industry to provide nearly $7 billion in new financial assurances to cover the cost of decommissioning old infrastructure, the Interior Department said on Friday…

Greece Greenlights Tender for Offshore Oil and Gas Exploration

May 02, 2025

Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of interest by Chevron and Helleniq Energy, the energy ministry said on Thursday.Greece this week issued…

Belgian Energy Island in North Sea Starts Taking Shape (Video)

May 01, 2025

TM Edison, a consortium of Belgian marine construction companies DEME and Jan De Nul, has installed the first two of a total 23 caissons in the Belgian North Sea, marking the start of construction for the Princess Elisabeth Island, the ‘world’s first’ artificial energy island…

TotalEnergies, Eni Eye 2026 FID for Gas Project off Cyprus

May 01, 2025

A final investment decision on TotalEnergies' new Cyprus gas project could come in 2026, CEO Patrick Pouyanne told analysts on Wednesday, with deliveries expected in 2028 or 2029.The French oil major is developing Block 6 at the Cronos gas field in a 50-50 joint venture with Italy's Eni…

CRP Subsea to Supply Well Equipment for Shell’s Whale Development

Apr 30, 2025

CRP Subsea, an AIS company, has secured a contract with Shell for the supply of crushable foam wrap (CFW) for the Whale deepwater development in the Gulf of America.The initial order is for one well-set, with additional orders for four more well-sets expected throughout 2025…

INEOS, Covestro Agree Eight-Year LNG Gas Supply

Apr 30, 2025

INEOS and Covestro have signed a long-term agreement for the supply of natural gas for up to eight years, starting 2027.The agreement builds on INEOS' newly established LNG supply chain, and both companies' commitment to support European industrial competitiveness…

Equinor Mulls Legal Action Against Trump’s Offshore Wind Project Block

Apr 30, 2025

Equinor on Wednesday said it believes the decision of U.S. President Donald Trump's administration to halt the construction of a multi-billion dollar offshore wind power project is unlawful and that the group may take legal action.In a blow to the nascent U…

ExxonMobil, Egypt’s EGAS Bolster Mediterranean Oil Exploration Efforts

Apr 29, 2025

Egyptian Natural Gas Holding Company (EGAS) and ExxonMobil have signed a memorandum of understanding (MoU) to strengthen the collaboration for Mediterranean Sea oil and gas exploration.The MoU was signed to establish the necessary foundations for developing the agreements system if ExxonMobil Egypt…

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Apr 28, 2025

MODEC has executed a contract with Sumitomo Heavy Industries for the delivery of Gato do Mato floating production, storage and offloading (FPSO) unit for Shell, which will be deployed offshore Brazil.MODEC and Sumitomo Heavy Industries signed…

Current News

BOEM Looks to Open 80 million Acres for Oil and Gas Lease Sale

BOEM Looks to Open 80 million

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Libya, Turkey Sign MoU To Cond

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Japanese Firm Joins Floating W

SLB OneSubsea Gets Work on Northern Lights CCS Project Expansion

SLB OneSubsea Gets Work on Nor

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