Saipem has secured an offshore drilling contract worth approximately $260 million from Eni for a long-term development drilling campaign offshore Côte d'Ivoire.The contract will see the Santorini drillship deployed on the campaign from early 2027 under a firm drilling program, with options for additional work and the potential deployment of the drillship in neighboring countries.Saipem said the award…
Egypt's parliament approved four oil and gas exploration and development agreements on Wednesday, including a North Sinai project involving Franco-British independent producer Perenco.Egypt is looking to bolster domestic energy production that…
Oil and gas company Sintana Energy has informed that the Uruguay's state-owned energy company ANCAP has approved a one-year extension to the initial exploration period for the AREA OFF-1 offshore block, giving the Chevron-led venture more time…
Grupo Carso has signed a binding agreement with TotalEnergies to acquire its entire 30% interest in offshore Block 30 in Mexico's Isthmus Saline Basin.The acquisition will be carried out through Mx Dlta Nrg 1, a subsidiary of Zamajal, in which…
Japan's Inpex on Thursday launched construction of its long-delayed $21 billion Abadi LNG project in Indonesia's Masela gas block, in a ceremony that was livestreamed.Production from the plant is expected to start around 2030.Here are some details…
Oilfield services firm Halliburton has been awarded integrated drilling and completions contracts for the GranMorgu deepwater development offshore Suriname, operated by TotalEnergies.The long-term agreement covers drilling and completions services for the project…
Brazilian state-controlled oil company Petrobras has completed the acquisition of a 75% interest and operatorship in Block 3 offshore São Tomé and Príncipe, expanding its exploration portfolio in Africa.Following completion of the transaction…
The U.S. Bureau of Ocean Energy Management (BOEM) has issued the final notice for its third Gulf of America offshore lease sale required under the One Big Beautiful Bill Act, offering about 80.4 million acres on the U.S. Outer Continental Shelf…
BluEnergies and TotalEnergies have advanced a work program across blocks LB-26, LB-30 and LB-31 in the Harper Basin offshore Liberia aimed at confirming and improving drillable prospects.The program includes reprocessing 6,167 square kilometers of 3D seismic data…
Nigerian oil producer Renaissance Energy said on Tuesday it had made an oil discovery offshore Nigeria after drilling an exploration well in Oil Mining Lease (OML) 74, its first major success since taking over the asset last year.Preliminary results showed about 1…
TotalEnergies has agreed to sell its 85% interest in Malaysia's offshore Block 2E to Inpex for $350 million, divesting its net 8.5% interest in the Marjoram gas field as part of its portfolio management strategy.The Marjoram field is currently under development…
QatarEnergy, ExxonMobil and the Government of Cyprus have signed a commercial discovery declaration for the Glaucus and Pegasus fields in Block 10 offshore Cyprus, marking a step forward in the development of the country's offshore gas resources…
Rhino Resources has confirmed the presence of an oil-bearing reservoir in pressure communication with the Capricornus-1X discovery through an appraisal well offshore Namibia, advancing the development of the Capricornus accumulation in the Orange Basin…
Faced with declining production post-2030, across Sub-Saharan Africa (SSA), the Majors have started the process of reloading exploration hoppers. Targeting predominantly deep and ultra-deep waters, they have signed numerous agreements aimed…
After several years of strong activity, the Middle East offshore market has become more volatile, with geopolitical tensions disrupting day-to-day operations. Following US and Israeli military action and subsequent Iranian attacks on neighbouring Gulf states…
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