Rakhine Basin News

 

Eni Inks Long-Term Indonesia LNG Supply Agreements

May 22, 2026

Eni has signed three long-term agreements with the liquefied natural gas (LNG) sellers of the South Hub and North Hub gas projects in Indonesia to purchase LNG, strengthening its global LNG portfolio and expanding supply from the Southeast Asian country.The agreements relate to LNG volumes from Eni-operated gas developments in the Kutei Basin and cover cumulative volumes of about 2 million tonnes per year…

Petrovietnam Invites Bids for Block 17 in South China Sea

May 25, 2026

Vietnam's state energy firm Petrovietnam has invited investors to participate in an open tender for an offshore oil and gas block in the South China Sea, it said on Monday.The invitation is for the Block 17 in the Cuu Long basin, on the country's continental shelf…

Adura Hires Shearwater for OBN Seismic Survey Job on North Sea Field

May 19, 2026

Offshore seismic services firm Shearwater Geoservices has secured an ocean bottom node (OBN) seismic acquisition project for the Jackdaw field in the UK sector of the North Sea by Adura.The two-month survey will deliver high-resolution OBN data…

Petrobras Nears Commercial Declaration for Aram Offshore Discovery

May 19, 2026

Brazil's state-run oil firm Petrobras will soon declare the commercial viability of a still-unnamed new discovery at the offshore Aram block in Santos basin, Chief Executive Magda Chambriard said on Monday.The CEO had said last week the firm hoped to have two producing wells at the block by 2030…

Eni Assessing Third FLNG Platform for Mozambique

May 19, 2026

Italian energy group Eni is considering deploying a third Floating Liquefied Natural Gas (FLNG) platform offshore Mozambique, a company spokesperson said.Eni took a final investment decision on its second platform, Coral North, in October last year…

ABL Nets Brazil Job Tied to Mero Offshore Oil and Gas Projects

May 14, 2026

ABL Energy & Marine Consultants Brasil has been appointed marine warranty surveyor (MWS) for Subsea7’s transportation and installation campaign covering SURF infrastructure for the Mero 3 and Mero 4 offshore developments in Brazil’s Santos Basin…

Stamper Gets License Extension Offshore Namibia

May 14, 2026

Stamper Oil & Gas has received an extension for Petroleum Exploration Licence (PEL) 102 offshore Namibia while continuing technical and strategic work across its offshore exploration portfolio amid increasing industry activity in the region…

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

May 12, 2026

QatarEnergy has signed a memorandum of understanding (MoU) with TotalEnergies, ConocoPhillips and the Syrian Petroleum Company for cooperation in offshore oil and gas exploration in Syria.The agreement covers a technical review to assess the…

Shell Selects New Wave Offshore for Orca Project in Santos Basin

May 11, 2026

New Wave Offshore Energy has been selected by Shell to provide marine warranty survey services for the Orca project in Brazil’s pre-salt Santos Basin.The contract covers marine warranty and assurance services for the offshore development, which…

Amplitude Energy Secures Production License for Annie Gas Field off Australia

May 07, 2026

Amplitude Energy, formerly Cooper Energy, has received production license VIC/L37 for the Annie offshore gas field in Australia’s Otway Basin, with first gas targeted in 2028.The Annie field was discovered in 2019 and is expected to supply gas to Australia’s east coast domestic market…

Eni Advances Giant Indonesia Gas Discovery after ‘Exceptional’ Well Test

May 07, 2026

Italy’s Eni has announced its Geliga-1 gas discovery offshore Indonesia delivered strong test results, supporting plans for accelerated development in the Kutei Basin.The company said a drill stem test at the Geliga-1 well flowed at rates of up to 60 million standard cubic feet per day of gas…

Viridien Advances Côte d’Ivoire Reimaging Scheme in Tano Basin

May 06, 2026

Viridien has launched the CDI25 project, a 6,555 km2 seismic reimaging endeavor in the Tano Basin in Côte d’Ivoire, delivering a drill-ready multi-client dataset for explorers pursuing opportunities along the West African Atlantic margin.CDI25…

ExxonMobil Leveraging AI to Speed Up Guyana Oil Analysis

May 06, 2026

Exxon Mobil is using artificial intelligence and new technology to interpret seismic data from Guyana in days rather than months, John Ardill, the company's vice president of exploration, said on Tuesday.High‑performance computing and AI‑driven algorithms have accelerated seismic imaging…

Brazil Greenlights Petrobras’ Unitization Deals for Santos Basin Fields

May 05, 2026

Petrobras has confirmed that Brazil’s oil regulator approved production individualization agreements for the Sururu and Berbigão shared reservoirs in the Santos Basin, with the agreements taking effect on May 1.Petrobras was notified by the National Agency of Petroleum…

BP Sets 2027 Timeline for Bumerangue Appraisal off Brazil

May 05, 2026

BP plans to complete its three-well appraisal plan for the Bumerangue project in Brazil's offshore Santos basin by the end of next year's first semester, the firm's senior vice president for upstream in Brazil said on Monday.The company will…

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