The North Sea Transition Authority (NSTA) has named 13 operators that have fallen behind on their decommissioning obligations for inactive wells, releasing its first public table on North Sea decommissioning arrears.The table lists companies that have missed consent deadlines for fully decommissioning 153 inactive wells, spread from West of Shetland to the Southern North Sea and the East Irish Sea…
Shell is preparing to launch a new drilling campaign in the PEL 39 exploration block offshore Namibia from April 2026 with its partners QatarEnergy and Namibia's national oil company Namcor.Shell's Namibia country chair Eduardo Rodriguez said…
French offshore services provider Bourbon has signed a five-year contract, with extension options, with ExxonMobil Guyana (EMGL) to provide maritime services in Guyana.It will start in the first quarter of 2026, with the commissioning of the…
The North Sea Transition Authority (NSTA) has opened a carbon storage licensing round offering 14 locations in Scottish and English waters for exploration and appraisal, and with potential to provide future capacity to support industrial decarbonization for the U…
Africa-focused oil and gas company VAALCO Energy has started its phase three drilling program offshore Gabon with the spudding of the ET-15 infill well on the Etame platform.As previously announced, the company secured a drilling rig in December…
South Africa's legacy national oil company, PetroSA, has approved a deal to give Shell Offshore a 60% stake in its Block 2C, off the country's west coast, a document seen by Reuters showed on Monday.If successfully concluded, the agreement will strengthen oil major Shell's SHEL…
IFS, a provider of industrial AI software, has been selected by offshore service provider Dixstone to provide it with IFS Cloud to unify and modernize its operations across 10 countries and more than 2,200 personnel as part of a wider digital transformation strategy aimed at improving safety…
TotalEnergies and Galp have agreed to exchange stakes across three Namibian offshore licenses in a deal that places TotalEnergies as operator of the Mopane discovery while expanding Galp’s footprint in the Orange Basin and giving it exposure to the Venus development…
Norwegian technology company Vissim has secured a contract with a Qatar-based oil and gas operator to deliver a vessel collision avoidance system at an undisclosed oil field offshore Qatar.As part of a three-year agreement, Vissim will provide…
Chevron said on Friday it will participate in Nigeria’s next oil licensing round and plans to deploy a drilling rig in late 2026 as it seeks to expand operations in Africa’s top energy producer.Jim Swartz, chairman and managing director of Chevron Nigeria/Mid-Africa Business Unit…
A survey on Thursday showed that oil firms in Norway are planning to drill 18% less exploration wells next, as they focus on existing fields. This could undermine the government's aim of maintaining production from Europe's biggest petroleum producer…
Kongsberg Maritime is marking 50 years since the introduction of its first dynamic positioning (DP) system, a Norwegian innovation that transformed offshore operations and set new standards for safety and efficiency at sea.The story began in the mid-1970s…
French oil major TotalEnergies and its fellow partners on the $20 billion Mozambique LNG project have agreed to provide additional equity to replace the previous contributions of British and Dutch export credit agencies, it said on Tuesday.The UK and Dutch agencies represented about 10% of the $15…
PetroNor E&P has set out plans to withdraw from its exploration license for Block A4 offshore Gambia after the initial exploration phase expired in mid-November.The company said it had been in discussions with the Gambian government on future…
Syrian President Ahmed al-Sharaa met delegations from U.S. oil major Chevron and the Syrian Petroleum Company to discuss cooperation in oil and gas exploration fields on Syrian shores, the Syrian state news agency said on Tuesday.The state news…
Subscribe
