Sub-Saharan Africa’s deepwater production is expected to grow by over 1 million boe/d by 2035 and big-ticket projects taking final investment decisions (FIDs) in 2026 and 2027 will be key to unlocking this.In late January, Equatorial Guinea and Chevron signed-off the Aseng Gas blowdown project…
Chevron said on Monday it had discovered oil and gas condensate at an exploration well in Block 0, offshore Angola, adding to its push to increase production in sub-Saharan Africa through infrastructure-led exploration.Western and southern Africa…
Petrobras has identified the presence of hydrocarbons in an exploratory well being drilled in block FZA-M-59, in deep waters off the coast of Amapá in the Amazon River mouth sedimentary basin on the Brazilian equatorial margin.The Morpho well…
BP has, in partnership with United Arab Emirates firm XRG, and a unit from Qatar's conglomerate UCC Holding secured a licence to explore and develop Venezuela's offshore Loran field's second phase, according to the British company's and government officials' announcements on Thursday…
The latest Trump administration sale of oil and gas drilling rights in the Gulf of Mexico attracted nearly $82.7 million in high bids on Wednesday, generating more money than a sale in March, but far less than one held in December.The Trump administration offered more than 80 million acres (32…
The Trump administration will offer more than 81 million acres (32.8 million hectares) in the Gulf of America to oil and gas drillers as part of an effort to boost domestic energy production with regular offshore lease sales.The sale is the second since the U…
BP has agreed to sell a 20% stake in a block that contains the Trinidad portion of the cross-border Cocuina-Manakin natural gas field to the country's state-owned National Gas Company, the company said on Monday in an emailed statement.BP and…
Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG), the National Concessionaire, and Sonangol Exploração & Produção, as Operator of Block 24, have announced the successful completion of drilling and testing operations of the Katambi-2 appraisal well…
BP has agreed to acquire Woodside Energy's 70% interest in Block TTDAA 14, which contains the Calypso gas project offshore Trinidad and Tobago, increasing its stake to 100% and assuming operatorship.The transaction is expected to close by the end of 2026…
ExxonMobil Global Projects has selected Sercel's Marlin solution to support the management of simultaneous operations (SIMOPS) on the Whiptail project in the Stabroek Block offshore Guyana.Under a one-year contract, Sercel will deploy the Marlin…
Nigeria's upstream oil regulator expects at least 22 offshore projects to start production by 2030, with potential investment of up to $50 billion, as Africa's top oil producer pushes to boost oil and gas output and attract new capital.The NUPRC said reforms…
India's top explorer, Oil and Natural Gas Corp (ONGC), hopes to soon sign agreements with Venezuela to operate two oil blocks under the South American nation's new petroleum law, its finance chief said on Wednesday.State-run ONGC, through its overseas investment arm ONGC Videsh…
Angola's state-owned oil company Sonangol and concessionaire ANPG said on Thursday that the Katambi-2 offshore appraisal well crossed two productive intervals and confirmed good quality reservoirs.Initial tests recorded a stabilised production…
Petrobras has confirmed a new gas discovery at the Sandia-1 exploratory well in the GUA-OFF-0 block in deep waters offshore Colombia, further expanding the identified gas potential of the country's offshore basin.The Sandia-1 well is located about 42 kilometers from the Colombian coast in 1…
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