Eni Ghana, together with its partner, Vitol Upstream Tano Ltd (Vitol), has signed two Memoranda of Understanding (MoUs) with the government of Ghana covering two offshore blocks, GH WB 3 and GH WB 8, in Ghana’s Tano Basin, paving the way for finalisation of the Petroleum Agreements. The Minister for Energy and Green Transition, John […]
Russia has begun commercial oil exports from Rosneft’s (ROSN.MM), Vostok Oil, its vast Arctic development that Moscow is counting on to lift crude production following years of delays and sanctions.
Shell (SHEL.L) and its partners on Tuesday gave the green light to a LNG Canada Phase 2 expansion in Kitimat, British Columbia, a C$33 billion bet that will double the facility’s production capacity to 28 million tonnes per annum (mtpa) and put Canada on a trajectory to become one of the world’s largest LNG exporters.
TotalEnergies (40%, operator), together with its partner AMNI (60%), have taken the Final Investment Decision (FID) for the development of the Ima gas field, straddling the OML 112 and 117 offshore licenses in Nigeria. Located in shallow waters close to Bonny Island, the Ima gas field will be developed with a single platform, connected through […]
Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG) has signed a series of offshore exploration agreements with Shell, Chevron, TotalEnergies and other international operators covering deepwater blocks across the Kwanza and Congo basins. ANPG signed risk-service contracts for deepwater Blocks 19, 34 and 35 with Shell, Equinor and Sonangol E&P. The agreements establish terms […]
Oil majors Shell (SHEL.L), opens new tab and Chevron (CVX.N), opens new tab have signed a non-binding agreement for the acquisition of production rights over Ghana’s South Deepwater Tano Cape Three Points oil and gas block, Ghana’s energy minister said. The memorandum of understanding with Ghana National Petroleum Corporation, signed on Tuesday, comes as the […]
TechnipFMC (NYSE: FTI) announced that its subsidiary, FMC Wellhead Equipment Sdn. Bhd., has been awarded a significant(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI®) contract by PETRONAS Carigali Sdn. Bhd. (PETRONAS) for the Limbayong deepwater project offshore Malaysia. This greenfield development will benefit from both our Subsea 2.0® configure-to-order (CTO) platform and iEPCI® execution of […]
Global energy technology company SLB (NYSE: SLB) today announced it has been awarded four integrated well construction contracts by Aramco to support oil and gas development across the Kingdom of Saudi Arabia. Under the contracts, SLB will manage end-to-end well construction services, delivering more than 450 wells in the three-year term, with an optional extension […]
This article first appeared in The Edge Malaysia Weekly on August 31, 2026 – September 6, 2026 LAST Thursday, The Edge reported online that national oil company Petroliam Nasional Bhd (PETRONAS), the Employees Provident Fund (EPF) and the Lim family, which owns substantial equity in and runs floating production storage and offloading (FPSO) player Yinson […]
Shape Digital has expanded deployment of its artificial intelligence-powered flare monitoring technology to 10 MODEC FPSOs in Brazil following a successful pilot, targeting reductions in unplanned gas flaring and improved offshore operating efficiency. The company’s Shape Lumen platform analyzes data across an asset’s oil, gas and water production systems to identify the root causes of […]