South Africa's Constitutional Court on Friday blocked offshore exploration led by Shell along the country's pristine Wild Coast, a setback for the oil major after years of legal challenges by local communities and environmentalists.The ruling is the latest outcome in a series of court cases that have dampened investor appetite and delayed exploration offshore South Africa.The majority decision by South Africa's highest court overturned a 2024 judgment by the Supreme Court of Appeal…
TGS has been awarded data brokerage, marketing and licensing rights by the Petroleum Authority of Brunei Darussalam for subsurface data over an offshore Brunei block.The award covers data across the block, including 3D seismic data, well information…
Everllence has signed a contract with a Turkish shipyard within the high-speed segment. The contract comprises 16 × 175D gensets bound for 4 × Rampage 6000‑DE offshore terminal tugs designed by Robert Allen.These will be operated by Smit Lamnalco…
The fifth floating oil production facility for a consortium led by U.S. energy major Exxon Mobil in Guyana has arrived in Guyanese waters, according to vessel monitoring data on Thursday.The Errea Wittu FPSO, built by Japanese firm MODEC in Singapore…
Early design decisions and robust qualification of subsea connectors can materially shape the long-term integrity of subsea pipelines warns Lloyd’s Register (LR), as part of a new study delivered for the Norwegian Ocean Industry Authority (Havtil)…
Panoro Energy has entered into a definitive agreement with DNO to acquire the entire share capital of DNO’s wholly owned subsidiary DNO CI which holds an indirect 9.09 percent interest in the high-quality gas producing Block CI-27 offshore Côte d’Ivoire…
Guyana is now entitled to 39.8% of crude production from a large ExxonMobil-led offshore project, the country's President Irfaan Ali said on Tuesday.The change - expected to greatly increase the country's oil revenue - comes after the Exxon-led consortium…
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…
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