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Fifth FPSO for Exxon Arrives in Guyana

Aug 20, 2026

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…

LR: Subsea Pipeline Design Choices Determine Integrity

Aug 20, 2026

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 to Acquire Côte d’Ivoire Producing Asset from DNO

Aug 19, 2026

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 Now Entitled to Nearly 40% of Production from Stabroek

Aug 18, 2026

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…

Deepwater FIDs Set to Drive Sub-Saharan Africa Production Growth

Aug 18, 2026

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 Discovers Oil and Gas Condensate Offshore Angola

Aug 17, 2026

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 Discovers Hydrocarbons in Ultra-Deep Waters Off Amapá

Aug 16, 2026

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…

South Africa Blocks Shell's Wild Coast Exploration Plans

Aug 16, 2026

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…

BP awarded license for Venezuela Loran gas fields in partnership with XRG and UCC

Aug 13, 2026

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…

Gulf of Mexico Lease Sale Attracts $82.7 Million in High Bids

Aug 12, 2026

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…

81m Acres Opened in Gulf of America Lease Sale

Aug 12, 2026

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 to Sell 20% Stake in Manakin Block

Aug 10, 2026

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 Adds to Drilling Success in Block 24.

Aug 09, 2026

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 to Take Full Ownership of Calypso Offshore Gas Project

Aug 07, 2026

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 Picks Sercel's Marlin for Guyana Offshore Operations

Aug 06, 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…

Current News

Seadrill Secures Offshore Drilling Deals Across Four Countries

Seadrill Secures Offshore Drilling Deals Across Four Countries

Jack-Up Rig Arrives in Indonesia for Conrad Asia Energy's MOPU Conversion

Jack-Up Rig Arrives in Indonesia for Conrad Asia Energy's MOPU Conversion

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

Eni Agrees Indonesian Gas Asset Sales to Pertamina and Medco

Eni Agrees Indonesian Gas Asset Sales to Pertamina and Medco

Riyadh Attacks Disrupt Oil Majors' Summit Plans

Riyadh Attacks Disrupt Oil Majors' Summit Plans

Iran Weighs US Response as Hormuz Reopening Talks Stall

Iran Weighs US Response as Hormuz Reopening Talks Stall

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