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Egypt, Cyprus Seal Set of Gas Transfer Deals from Cronos Offshore Field

Oct 22, 2025

Egypt and Cyprus have signed a series of agreements to transfer natural gas from Cyprus’ Cronos offshore field to Egypt, marking a significant step toward linking Cypriot gas resources to Egypt’s infrastructure and boosting energy cooperation in the Eastern Mediterranean…

US Pressure on India Could Propel Russia's Shadow Oil Exports

Oct 20, 2025

Donald Trump is putting more pressure on India to slash its Russian oil purchases. This could deprive Moscow of vital revenue, but it will mostly just push more Russian oil into an increasingly large shadow market.The U.S. president said on…

Poland Eyes Bids to Expand Floating LNG Terminal

Oct 20, 2025

Poland will seek binding offers for capacity that would be available in the expanded floating liquefied natural gas terminal near Gdansk following ample interest from shippers, the country's gas pipeline operator Gaz-System said on Monday.Gaz…

Equinor Starts Production at Bacalhau Field Offshore Brazil

Oct 16, 2025

Equinor and its partners has started production from the large Bacalhau field in Brazil, whose recoverable reserves exceed 1 billion barrels of oil equivalent (boe).Bacalhau is located in the pre-salt region of Brazil's Santos Basin in ultra-deep water of over 2…

Colombia’s Largest Offshore Gas Discovery Nears Contracting Phase

Oct 17, 2025

Colombia's Sirius project, developed off its Caribbean coast by state oil firm Ecopetrol and Brazil's Petrobras, has completed nearly half of consultations with local communities that could be affected by the development, Petrobras' Colombia chief Alcindo Moritz said on Thursday…

Vietsovpetro Brings BK-24 Oil Platform Online Two Months Early

Oct 13, 2025

Vietsovpetro, the Vietnamese-Russian joint venture, has started commercial oil production from its BK-24 wellhead platform at the Bach Ho (White Tiger) oil field, more than two months ahead of schedule.On October 11, 2025, Vietsovpetro achieved…

Power & Performance at the Port: How Propane Delivers Reliable, Lower-Cost Power

Oct 10, 2025

Free webinar on October 16 at 11 AM EST — see how one port saved more than $1 million in a single year. Caption text (optional) --Ports nationwide are confronting grid instability and rising energy costs. Propane’s on-site, scalable power can…

Reach Remote 1 USV Cleared for Fully Remote Operations

Oct 13, 2025

Norwegian subsea services firm Reach Subsea has been granted a trading permit to operate its Reach Remote 1 Uncrewed Surface Vessel (USV) entirely through remote operations - without a support vessel.The permit was issued by the Norwegian Maritime Authorities…

MidOcean Buys Into Shell-Led LNG Canada Project

Oct 01, 2025

Liquefied natural gas company MidOcean, backed by EIG and Saudi Aramco, has agreed to buy a fifth of the Petronas venture that holds a 25% stake in Shell-led LNG Canada, MidOcean said on Tuesday.The deal also includes a fifth of Malaysian state…

Europa Oil & Gas Eyes 2026 Drilling with PSC Extension in Equatorial Guinea

Oct 06, 2025

Europa Oil & Gas has received a one-year extension from the Minister of Hydrocarbons and Mining Development for Equatorial Guinea for the initial two-year period of the EG-08 production sharing contract (PSC), with the plans for drilling of the Barracuda prospect set for 2026…

Conditions Met for TotalEnergies to Restart Work on Mozambique LNG project

Oct 03, 2025

Mozambique President Daniel Chapo said on Thursday that the conditions have been met for French energy company TotalEnergies to lift force majeure on its $20 billion liquefied natural gas (LNG) project in the Southern African country.TotalEnergies…

BP Eyes Partners for Bumerangue Oil Discovery off Brazil

Oct 03, 2025

BP will seek a partner for its major Bumerangue oil discovery in Brazil and could close a deal before making a final investment decision on the project, the oil major's country head said on Thursday.The British company, which currently holds 100% of the block…

From Old Platform to New FPU: Salamanca Project Delivers First Oil in Gulf of America

Sep 29, 2025

The consortium of Repsol, LLOG Exploration Offshore, and O.G. Oil & Gas (OG) has achieved first oil at the deepwater Leon-Castile fields, forming Salamanca development project, through a refurbished floating production unit (FPU), offshore Louisiana…

BW Energy Eyes Azule Enegy’s Share in Block Offshore Angola

Sep 29, 2025

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…

Serica Energy Bolsters North Sea Portfolio with Prax Upstream Buy

Sep 30, 2025

Serica Energy has agreed to acquire Prax Upstream, expanding its portfolio of U.K. North Sea oil and gas assets and boosting its reserves, resources and production base.Serica Energy signed a sale and purchase agreement to acquire 100% of the…

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