Brazilian oil and gas company Brava Energia has started production from the Atlanta floating, production storage, and offloading (FPSO) unit offshore Brazil.The achievement makes Brava Energia the first independent oil and gas company in the…
Brazilian oil and gas company Brava Energia has received the authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to start production from Atlanta floating, production storage, and offloading (FPSO) unit offshore Brazil…
Brava Energia, formerly 3R Petroleum before the merger with Enauta, has restarted production at Pappa-Terra field assets in the Campos Basin, offshore Brazil.During the production shutdown, significant progress was made in the maintenance and…
Colombia's national environmental licensing agency (ANLA) on Friday said it has awarded an environmental license to Anadarko Colombia Company, a subsidiary of Occidental Petroleum, to carry out oil and gas exploration in the country's Caribbean waters…
Equinor and its partners have drilled two wells in the North Sea, both of which were proven dry.The wildcat wells Kvernbit and Mimung (35/10-14 A and 35/10-14 S) are the first to be drilled in production license 1185, which was awarded in 2023…
Saipem, in consortium with KOA Oil & Gas and AVEON Offshore, has been awarded a new offshore contract by Shell Nigeria Exploration and Production Company Limited (SNEPCo) for the Bonga North Project.The project is related to the tieback of wells to the existing Bonga floating production…
Brava Energia, formerly 3R Petroleum before the merger with Enauta, has entered into exclusivity agreement with Azevedo e Travassos (A&T) and Petro-Victory Energy (PVE) for the potential sale of oil and gas concessions in the state of Rio Grande do Norte…
BP and XRG, ADNOC’s international energy investment company, have established new regional gas platform, Arcius Energy, to initially focus on development of gas assets in Egypt.Announced in February 2024, Arcius Energy is 51% owned by BP and 49% by XRG…
QatarEnergy has entered into an agreement with Harmattan Energy Limited (HEL), an indirect subsidiary of Chevron, to acquire a working interest in an oil and gas block offshore Namibia.Pursuant to the agreement, QatarEnergy will acquire a 27…
Aker BP and its partners have drilled a wildcat well in the northern part of the North Sea, which proved to be dry.The well 34/6-7 S was drilled with Odfjell Drilling’s Deepsea Nordkapp semi-submersible rig, about 40 kilometres north of the Visund field…
Toronto-listed Frontera Energy and partner CGX Energy are seeking alternatives to resolve a dispute with Guyana over rights to retain an offshore block where they found oil, but should they fail to reach an agreement, the matter is set to go to an arbitration court…
Viridien has completed the seismic imaging for the Selat Melaka multi-client 2D seismic program, covering the offshore area of the Langkasuka Basin in Malaysia.The newly available final seismic dataset clearly indicates the presence of a previously unseen Pre-Tertiary fold and thrust belt…
Malaysia’s state-owned energy giant Petronas has awarded Production Sharing Contracts (PSCs) for three oil and gas clusters and one exploration block offered under the Malaysia Bid Round (MBR) 2024, with Shell and ConocoPhillips among the winners…
Rex International’s subsidiary Lime Petroleum and its partners have secured new license for the exploration of Sognefjord East area with a tie-back to Brage field, while the company also increased its share in the Yme field following the acquisition of interests from OKEA…
Oil prices edged lower on Wednesday as a large, surprise build in U.S. gasoline stocks outweighed easing supply concerns from a ceasefire deal between Israel and Hezbollah.Brent crude futures fell 12 cents, or 0.2%, to $723.69 a barrel by 10:40 a…
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