Azule Energy, a joint venture firm between BP and Eni, has made a gas discovery at the Gajajeira-01 exploration well, located offshore in the Lower Congo Basin, Republic of Angola.The well was spudded on April 1, 2025 in a water depth of 95 meters…
Shell has been granted environmental authorisation to drill up to five deep-water wells off South Africa's west coast, the company said on Friday.The oil major applied for authorisation last year and plans to drill exploration or appraisal wells…
Subsea Integration Alliance (SIA) partners Subsea7 and SLB OneSubsea have signed a contract with Equinor for the development of a concept study for the Phase 2 of the Bacalhau project, offshore Brazil.The contract, for which the details have not been disclosed…
McDermott has been awarded a sizeable offshore transportation and installation contract by Brava Energia for the Papa-Terra field in the Campos Basin and the Atlanta field in Block BS-4 within the Santos Basin, both offshore Brazil.Under the contract scope…
The Bonaparte CCS project has been awarded Major Project Status by the Australian Government. It is the first offshore carbon capture and storage (CCS) project to receive the status in Australia.The Bonaparte CCS Assessment Joint Venture is…
Chevron will close its Aberdeen, Scotland, office, the U.S. oil producer said on Monday, ending the company's decades-long presence in the city as part of its ongoing restructuring.The closure of the Aberdeen office will take place between December 2025 and December 2026…
Hindustan Oil Exploration Company said on Friday it has temporarily suspended production at one of its oilfields in western India due to adverse weather and is monitoring the situation to resume output when the weather improves.The floating…
Equinor and Shell have unveiled the name of their joint venture company, set to become U.K. North Sea’s largest independent oil and gas producer.Adura has been chosen as the name for Equinor’s and Shell’s incorporated joint venture (IJV).With a long-standing presence in the North Sea…
Sierra Leone will wait for the results of a recently-launched offshore 3D seismic survey, its first in over a decade, ahead of potentially opening its next oil and gas licensing round later this year, a senior government official said on Thursday…
Aker BP and its partners have drilled a dry well on the Rondeslottet prospect in the Norwegian Sea.Wildcat well 6405/7-4 was drilled in production license 1005, which was included in the Awards in Predefined Areas (APA) 2018, with awards taking place in March 2019…
Brazil’s state-run oil and gas firm Petrobras has acquired 10 blocks in the Foz do Amazonas Basin and three blocks in the Pelotas Basin in the fifth Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP)…
Portugal's Galp has been awarded three offshore blocks as part of Brazil’s fifth Open Permanent Concession bid round.Galp acquired offshore early-stage exploration blocks P-M-1670/1672/1741 in the Pelotas basin, in the southern region of the country…
Equinor has secured a new exploration opportunity in Brazil, having won the license for S-M-1617 offshore block in Santos Basin during the country’s fifth Open Permanent Concession bid round.The S-M-1617 license in Brazil was secured by Equinor…
Australian oil and gas company Karoon Energy has secured interest in six blocks in the Santos Basin, offshore Brazil, in the ANP fifth Permanent Offer Bid Round for Concession Contracts.Two of the blocks, S-M-974 and S-M-1038, are located approximately 17 kilometers from the Neon field…
Exxon Mobil and Chevron on Tuesday took their first steps toward eventually exploring oil in Brazil's Foz do Amazonas basin, scooping up offshore blocks auctioned by the country in the promising but environmentally-sensitive area.The move marks…
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