Latest News - page 97

 

Equinor Drills Dry Well in North Sea

Jun 26, 2025

Equinor and its partners have drilled a dry wildcat well on the Lit prospect in the North Sea.The well 25/11-30 S was drilled in production license 169, which was awarded in the 13th licensing round on the Norwegian continental shelf (NCS) in 1991…

TotalEnergies Hires Shearwater for 3D Survey in Africa

Jun 26, 2025

Shearwater Geoservices has secured a 3D marine seismic acquisition contract by TotalEnergies in Sao Tome & Principe on the STP-02 Block.The two-month exploration survey off the coast of Western Africa will start early in the third quarter of 2025 using the SW Empress…

Brazil Greenlights Additional Pre-Salt Oil Auction to Lift Revenue

Jun 26, 2025

Brazil's lower house of Congress on Wednesday approved an executive order allowing the government to auction its share of oil in uncontracted offshore pre-salt areas, a move that could help boost revenue as it struggles to balance its budget…

Shell Rules Out BP Acquisition, Bound by UK Regulations

Jun 26, 2025

Shell has not bid for BP and is not actively considering such a move, it said on Thursday, adding it was bound by UK regulations which mean such a statement ban it from making a bid for BP for the next six months.The Wall Street Journal cited…

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

Jun 25, 2025

The Bureau of Ocean Energy Management announced the publication of a Proposed Notice of Sale (PNOS) for an oil and gas lease sale in the Gulf of America.As directed by Secretary of the Interior and outlined in the PNOS, Lease Sale 262 will offer approximately 15…

Libya, Turkey Sign MoU To Conduct Offshore Geophysical Study

Jun 25, 2025

Libya's National Oil Company (NOC) had signed a memorandum of understanding with Turkish state oil company TPAO to conduct a geological and geophysical study of four offshore areas, NOC said on Wednesday.'Discussions were also held regarding conducting a two-dimensional seismic survey (10…

Japanese Firm Joins Floating Wind Demo off Spain

Jun 25, 2025

Electric Power Development Co. (J-POWER) has joined the WHEEL project, a floating offshore wind power demonstration project in Gran Canaria, led by Spanish firm Esteyco.In the demonstration project, a floating offshore wind turbine, rated at 6…

SLB OneSubsea Gets Work on Northern Lights CCS Project Expansion

Jun 25, 2025

SLB has secured an engineering, procurement and construction (EPC) contract by Equinor, acting as Technical Service Provider, to its OneSubsea joint venture for a CO2 subsea injection system for the Northern Lights phase two project offshore Norway…

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Jun 25, 2025

Vietnam National Industry - Energy Group (Petrovietnam) and its joint venture partners officially signed the Product Sharing Contract (PSC) for Block 15-1 in the southern continental shelf of Vietnam.Block 15-1 is one of the oil and gas blocks…

Egypt's EGAS Awards Offshore Blocks to International Companies

Jun 25, 2025

Egypt's EGAS has awarded four blocks in the Mediterranean, one in the Nile delta, and one in North Sinai to international companies, according to a petroleum ministry statement on Wednesday.Companies will invest $ 245 million to drill at least 13 new exploratory wells during the exploration period…

Israel's Leviathan Gas Field to Resume Production in Next Few Hours

Jun 25, 2025

Israel's NewMed said on Wednesday the Leviathan natural gas field that supplies gas to Egypt and Jordan, shut down nearly two weeks ago due to the Iran-Israel conflict, would resume operations in the next few hours.Two of Israel's three gas…

Energean Set to Put FPSO at Karish Field Back Into Production

Jun 25, 2025

Energean has received notice from the Israeli Ministry of Energy and Infrastructure, instructing the safe restart and resumption of production and operations at its Energean Power floating production, storage and offloading (FPSO) unit.Energean…

Aker BP Bites Dust in Norwegian Sea

Jun 25, 2025

Aker BP and its partners have drilled a dry well on the Rondeslottet prospect in the Norwegian Sea.Wildcat well 6405/7-4 was drilled in production license 1005, which was included in the Awards in Predefined Areas (APA) 2018, with awards taking place in March 2019…

Woodside Wraps Up Louisiana LNG Stake Sale to Stonepeak

Jun 25, 2025

Woodside has completed the sell-down of a 40% interest in Louisiana LNG Infrastructure to Stonepeak, a global investment firm specializing in infrastructure and real assets.The completion follows Woodside’s announcement on 7 April 2025 that it had signed an agreement with Stonepeak…

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Jun 25, 2025

China has begun construction of a new structure in waters between China and Japan in the disputed East China Sea, the Japanese foreign ministry said on Tuesday, adding it has lodged a protest with China.The ministry said in a statement 'it is…

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