Shell Brasil Petróleo, a subsidiary of Shell, has taken the Final Investment Decision (FID) for Gato do Mato, a deepwater oil and gas project in the pre-salt area of the Santos Basin, offshore Brazil.The Gato do Mato Consortium includes Shell (operator with a 50% stake)…
The Indonesian Ministry of Energy and Mineral Resources (MEMR) has issued a directive to Conrad Asia Energy, the operator of the Mako Gas field offshore Indonesia, stating that all gas produced from the field would be sold to state-owned PT…
The Cypriot government has approved the updated plan for the Aphrodite gas field, filed by Chevron-led consortium, which will see the construction of a floating production unit (FPU) and a pipeline for exporting gas to Egypt.Following Cypriot government’s approval of the plan…
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has started environmental baseline survey in preparation for the drilling of the planned Chuditch-2 appraisal well off Timor-Leste.The survey…
ConocoPhillips Sabah Gas, a subsidiary of the global energy company ConocoPhillips, has taken over the operatorship of Kebabangan Cluster Production Sharing Contract (KBBC PSC) in Malaysia.The transfer took effect on 21 January 2025, making…
PC North Madura II, a subsidiary of Malaysia’s state-owned oil firm Petronas, has reached the Final Investment Decision (FID) for the development of the Hidayah field, located offshore Indonesia.The development plan encompasses the drilling of oil production wells…
Sunda Energy has signed a memorandum of understanding (MoU) with Timor-Leste government and state-owned companies, setting out the framework for joint evaluation of a development concept for gas resources on the Chuditch PSC, including pipeline…
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…
Oslo-listed oil and gas company Panoro Energy has signed a Production Sharing Contract (PSC) with the Government of Equatorial Guinea for offshore Block EG-23.Panoro now holds an 80% participating interest and operatorship of Block EG-23, and…
Oil and gas company BW Energy has signed production sharing contracts (PSCs) for the exploration blocks Niosi Marin and Guduma Marin offshore Gabon, in partnership with Panoro Energy and VAALCO Energy.The blocks, formerly named G12-13 and H12-13…
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia formerly known as Baron Oil, has delayed the start of drilling operations for the Chuditch-2 appraisal well off Timor Leste to the second quarter of 2025Sunda Energy…
Asia-pacific focused oil and gas company Jadestone Energy has been awarded a 100% participating interest in a Small Field Asset Production Sharing Contract (SFA Cluster PSC) offshore Malaysia by Petronas, through Malaysia Petroleum Management…
Oil and gas company SapuraOMV has started gas production from its Jerun field, offshore Sarawak in Malaysia.Jerun gas field, part of SK408 production sharing contract (PSC), was discovered in 2015 and the development project reached its final investment decision (FID) in March 2021…
Maryland Governor Wes Moore signed a bill aimed at reevaluating and potentially revising existing offshore wind project plans, setting the stage for the state's goal of achieving 8,500 megawatts of offshore wind energy capacity by 2031.The bill…
Oslo-listed oil and gas company Panoro Energy has reached an agreement with the Government of Equatorial Guinea on the key terms and conditions for the award of offshore Block EG-23.The Heads of Terms agreement signed by Panoro, GEPetrol (the national oil company)…