Block News

 

Talos Energy Highlights Momentum in 2025 Results Release

Feb 24, 2026

Talos Energy announced its operational and financial results for the three and 12 months ended December 31, 2025, with CEO Paul Goodfellow, saying: '2025 marked the start of our transformation – building the foundation for the future.'In June…

Vaalco Energy Boosts Gabon Output as Côte d’Ivoire Project Gains Traction

Feb 24, 2026

Africa-focused oil and gas company Vaalco Energy has achieved ‘solid initial results’ from its Gabon drilling campaign and confirmed its operatorship of the Kossipo field offshore Côte d’Ivoire, as it advances plans to grow production in both countries…

Ndungu Full-Field Starts Up Offshore Angola

Feb 20, 2026

Eni announced the start-up of the Ndungu full-field, part of the Agogo Integrated West Hub Project (IWH), in the western area of Block 15/06, offshore Angola.The project comprises seven production wells and four injection wells, with an expected production peak of 60…

Inpex Secures Environmental Approval for Indonesia’s Abadi LNG Project

Feb 20, 2026

Japan’s largest exploration and production (E&P) firm Inpex has received environmental approval from the Indonesian government for its Abadi liquefied natural gas (LNG) project in the Masela Block, marking a key milestone as the development…

EEW, CS Wind Deliver First Offshore Wind Monopiles for Vattenfall’s Nordlicht I

Feb 20, 2026

The first monopiles and transition pieces for Nordlicht I have been completed ahead of schedule by suppliers EEW and CS Wind for Vattenfall’s German offshore wind cluster, as offshore construction prepares to begin later in 2026.Each monopile measures up to 80…

Shell Starts Multi-Well Drilling Campaign off Egypt with Stena Drillship

Feb 20, 2026

Shell has launched a multi-well offshore drilling campaign in Egypt’s Mediterranean waters using Stena Drilling’s Stena IceMax drillship, marking the start of a new development phase at the West Mena gas field.Egypt’s Minister of Petroleum and Mineral Resources…

Mubadala Energy Finalizes Nargis Deal with Eni Offshore Egypt

Feb 20, 2026

Mubadala Energy has completed the acquisition from Eni of a 15% participating interest in the Nargis Offshore Area concession in Egypt.Following the transaction, Eni holds 30% of the contractor interest in the block through its subsidiary IEOC…

ExxonMobil Reviews Gas Mix at Guyana’s Stabroek Block Amid Expansion Plans

Feb 20, 2026

Exxon Mobil is continuing work to determine the size of natural gas resources at Guyana's prolific Stabroek Block, Guyana's energy minister said, as the company pursues broader development of the resource in the South American country.The U…

Tullow Acquires Ghana’s TEN FPSO, Secures Long-Term License Extension

Feb 20, 2026

Tullow Oil has signed a sale and purchase agreement to acquire the floating production, storage and offloading vessel (FPSO) Prof. John Evans Atta Mills for $205 million, as Ghana ratified extensions to key petroleum agreements covering the Jubilee and TEN fields…

BOEM Proposes BBG3, Third Gulf of America Lease Sale

Feb 19, 2026

The Bureau of Ocean Energy Management announced a Proposed Notice of Sale for the third offshore oil and gas lease sale under the One Big Beautiful Bill Act. The proposed lease sale, known as Lease Sale Big Beautiful Gulf 3, or BBG3, is scheduled to take place on Aug…

Akrake Achieves First Oil at Sèmè Field as Parent Firm Reviews Options

Feb 19, 2026

Akrake Petroleum Benin, an indirect subsidiary of Rex International Holding, has achieved first oil from the AK-2H well at the Sèmè Field Block 1 offshore Benin, as drilling complications and cost overruns prompt a strategic and financial review…

Staatsolie: Guyana-Suriname Gas Pipeline of ‘High Interest’

Feb 19, 2026

A pipeline between neighbors Guyana and Suriname to transport gas from their offshore projects would be of 'high interest' to increase the availability of the fuel, said on Wednesday the managing director of Suriname's state-run Staatsolie, Annand Jagesar…

Exxon’s Uaru, Whiptail Projects Advance Ahead of Schedule in Guyana

Feb 19, 2026

Exxon Mobil's fifth and sixth projects in Guyana - Uaru and Whiptail - are progressing ahead of schedule and under budget, the oil major's president of Guyana operations said on Wednesday during an energy conference.Alistair Routledge, Exxon Guyana President…

Turkey’s TPAO, Shell Partner for Offshore Exploration in Bulgaria

Feb 18, 2026

Turkish Petroleum (TPAO) has signed a partnership agreement with Shell to conduct oil and gas exploration activities in the Khan Tervel Field located in Bulgaria’s exclusive economic zone, marking its latest move to expand internationally.Under the deal…

Trump Calls Out California, UK Energy Deal

Feb 16, 2026

President Donald Trump denounced a clean energy agreement between the United Kingdom and California Governor Gavin Newsom hours after it was signed on Monday, Politico reported.In an interview with the outlet, Trump said it was 'inappropriate' for Britain to be dealing with the Democratic governor…

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