Author: intent

Greenland’s Jameson Land basin holds 13 Bbbl oil potential, new report finds

80 Mile PLC, which holds a 30% interest through its subsidiary White Flame Energy A/S, is partnered with March GL, which will fund and operate the upcoming drilling campaign. Preparations are underway for two exploration wells scheduled to begin in second-half 2026, each targeting depths of at least 3,500 m. Halliburton has been contracted to provide drilling services and logistics, with IPT Well Solutions serving as project manager.

Equinor approved to drill Barents Sea exploration well

The Norwegian Offshore Directorate (NOD) has granted Equinor Energy AS a drilling permit for wellbore 7018/5-2 in production license 1236, located in the Barents Sea on the Norwegian Continental Shelf. The authorization was issued under Section 13 of the Resource Management Regulations, NOD confirmed on October 29, 2025.

Senegal accelerates industrialization amid oil, gas production surge

Senegal is actively reducing its historical dependence on imported fossil fuels through both domestic hydrocarbons and renewable energy initiatives. The government’s strategy prioritizes using natural gas for domestic power generation, aiming to reduce costly heavy fuel oil consumption while directing hydrocarbon revenues toward broader development objectives.

Lukoil to Sell Foreign Assets amid Sanctions

The company is has started considering bids from potential buyers, according to a statement posted on its website late on Monday. The divestment process is being conducted under a wind-down license from the US Treasury’s Office of Foreign Assets Control, which Lukoil said it could ask to be extended “to ensure uninterrupted operations of its international assets.”

TechnipFMC Advances Local Talent Development with Subsea Engineering Milestone in Namibia

As the sole contractor delivering such a program in Namibia, TechnipFMC has taken a pioneering role in bridging academia and industry to cultivate the next generation of engineering talent. The program welcomed 25 students from diverse engineering disciplines – including Metallurgy, Electrical, Mining, Chemical, Civil, and Mechanical – with an outstanding 51% female participation, reinforcing our dedication to gender inclusion and workforce diversity.

Yinson Production inspires young girls to break barriers in STEM

The initiative, dubbed STEM Clinic, is designed to spark curiosity and build confidence among young learners — particularly girls. This year’s edition engaged over 500 female students from the Ahanta West Municipality in the Western Region over a two-week period, equipping them with practical scientific skills and inspiring them to envision careers in science and technology.