Brava Energia, formerly 3R Petroleum before the merger with Enauta, has entered into exclusivity agreement with Azevedo e Travassos (A&T) and Petro-Victory Energy (PVE) for the potential sale of oil and gas concessions in the state of Rio Grande do Norte…
BP and XRG, ADNOC’s international energy investment company, have established new regional gas platform, Arcius Energy, to initially focus on development of gas assets in Egypt.Announced in February 2024, Arcius Energy is 51% owned by BP and 49% by XRG…
QatarEnergy has entered into an agreement with Harmattan Energy Limited (HEL), an indirect subsidiary of Chevron, to acquire a working interest in an oil and gas block offshore Namibia.Pursuant to the agreement, QatarEnergy will acquire a 27…
Aker BP and its partners have drilled a wildcat well in the northern part of the North Sea, which proved to be dry.The well 34/6-7 S was drilled with Odfjell Drilling’s Deepsea Nordkapp semi-submersible rig, about 40 kilometres north of the Visund field…
Toronto-listed Frontera Energy and partner CGX Energy are seeking alternatives to resolve a dispute with Guyana over rights to retain an offshore block where they found oil, but should they fail to reach an agreement, the matter is set to go to an arbitration court…
Viridien has completed the seismic imaging for the Selat Melaka multi-client 2D seismic program, covering the offshore area of the Langkasuka Basin in Malaysia.The newly available final seismic dataset clearly indicates the presence of a previously unseen Pre-Tertiary fold and thrust belt…
Malaysia’s state-owned energy giant Petronas has awarded Production Sharing Contracts (PSCs) for three oil and gas clusters and one exploration block offered under the Malaysia Bid Round (MBR) 2024, with Shell and ConocoPhillips among the winners…
The North Sea Transition Authority (NSTA) has issued its highest-ever fine of $440,000 (£350,000) on Repsol North Sea (RNS) for behavior that led to a shut-in at the Flyndre field and hampered economic recovery of petroleum.The Fulmar facility in the Central North Sea…
Brava Energia, a Brazilian oil and gas firm created by the merger of 3R Petroleum and Enauta, has ceased production from Petrojarl floating, production storage, and offloading (FPSO) unit, as the new FPSO Atlanta gets ready to take over at a field offshore Brazil…
Ocean data technology specialist Terradepth has launched a cloud-native geospatial platform for its offshore energy clients, dubbed Absolute Ocean.Purpose-built to host complex maritime data, Absolute Ocean provides web-browser based access to ocean maps…
QatarEnergy has entered into an agreement with Chevron to acquire a 23% working interest in the concession agreement for the North El-Dabaa (H4) Block, in the Mediterranean Sea, offshore Egypt.According to the agreement, QatarEnergy will acquire a 23% interest…
Shell-operated joint venture, consisting of Deltic Energy and Dana Petroleum, has confirmed gas discovery in the Selene prospect in the North Sea.The Shell operated 48/8b-3Z well, in license P2437, proved a 160-meter-thick section of Leman Sandstone…
A rig is due to arrive at Egypt's Zohr gas field in December to restart drilling work, with the aim of producing 220 million cubic feet per day from two wells, Petroleum Minister Karim Badawi told a press conference on Wednesday.Egypt plans to increase oil and gas exploration works in 2025…
MOL Group and Turkish Petroleum Corporation (TPAO) have signed a memorandum of understanding (MoU) to cooperate as strategic partners in the exploration and production of hydrocarbons.The companies agreed to elevate their cooperation to a new…
Saipem and sub-contractor teams have installed the trunkline for Woodside’s Scarborough gas project, a critical piece of infrastructure that will enable gas transport from the offshore field to onshore facilities in Australia.The installation…
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