Eni and the Ivorian Ministry of Mines, Petroleum and Energy have signed the exploration contract for the CI-707 offshore block in Ivory Coast.The license covers an area of approximately 2,926 square kilometers in the Ivorian sedimentary basin…
BW Energy has started a process to potentially acquire Azule Energy’s non-operated interests in Block 14/14K, offshore Angola.According to BW Energy, the move is part of its continuous consideration of opportunities to acquire assets in line with its stated strategy…
Italian offshore energy services firm Saipem has received the authorization to proceed with the execution of activities related to the engineering, procurement, construction and installation (EPCI) contract for the development of ExxonMobil's Hammerhead oil field…
U.S. energy producer Chevron is expected to begin drilling at Suriname's shallow-water Block 5 next month, the country's oil minister, Patrick Brunings, said.'They will be drilling the Kori Kori well,' he said in a TV interview this week. 'If this well does indeed contain oil or gas…
ExxonMobil has made a final investment decision for the Hammerhead development offshore Guyana, after receiving the required regulatory approvals. Hammerhead, the seventh project on the Stabroek block, is anticipated to come online in 2029.The…
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…
An auction of deepwater oil and gas exploration and production blocks in Trinidad and Tobago has failed to attract significant interest from foreign investors, with bids submitted for just four of the 26 areas on offer.The bidding round closed…
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…
Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has signed amendments and secured license extensions across all four of its petroleum exploration licenses in Namibia and agreed to farm out its 85% stake in PEL 98 to Namibian-owned Lamda Energy…
Portugal’s Galp, Brazil’s Petrobras, U.K.’s Shell and Agência Nacional do Petroléo de São Tomé e Principé (ANP-STP) have formed a joint venture focused on early-stage exploration block offshore the African country.Galp has reached a farm-in agreement with KE STP Company…
U.S. oil major Chevron has submitted a bid to explore for natural gas in four blocks offshore Greece in a consortium with Greece's Helleniq Energy, Greece's Energy Minister Stavros Papastavrou said on Wednesday.The country launched the tender…
Malaysia's oil and gas producer Petronas plans to drill a fourth well by the first quarter next year at offshore Block 52 in Suriname, the government and state company Staatsolie said.Petronas, which has discovered gas reserves in the block…
McDermott has secured a large offshore subsea contract by PTTEP Sabah Oil Limited (PTTEP) for the Block H gas field expansion project, located offshore Sabah in East Malaysia, covering the Alum, Bemban and Permai deepwater fields.Under the scope of the contract…
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…
Chevron has signed a preliminary agreement with Angola's national oil and gas concessionaire ANPG to explore for oil in the country's offshore block 33/24, the U.S. oil major said on Wednesday.The risk services contract with Angola's National Oil…
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