Author: intent

Zenith Energy to lead P&A campaign for nine Timor Sea wells

Zenith Energy Australia has been awarded a contract by the Australian government to lead Phase 2 of the Northern Endeavour decommissioning program, including the permanent plugging and abandonment (P&A) of nine subsea wells in the Timor Sea.    The contract, awarded following an international tender process, covers wells within the Laminaria-Corallina oil fields and represents a key stage […]

Motive launches AI-powered fleet maintenance platform to reduce equipment downtime

Motive has launched an AI-powered maintenance platform designed to help operators identify equipment problems earlier, automate repair workflows and reduce unplanned fleet downtime.   Motive Maintenance integrates vehicle and asset diagnostics, inspections, maintenance workflows and operating costs within the company’s existing physical operations platform. The system is intended to give fleet managers a consolidated view of […]

US$3.5bn fresh investment shows renewed confidence in Ghana’s oil sector – Jinapor

Minister for Energy and Green Transition, John Abdulai Jinapor, says fresh investment commitments in Ghana’s upstream petroleum sector demonstrate renewed confidence in the country’s oil and gas industry. Speaking at the 15th anniversary celebration of the Petroleum Commission, Mr Jinapor said partners in the Jubilee and TEN fields had committed approximately US$2 billion towards further […]

Energy Minister urges GNPC to shift from resilience to renewal, growth

The Ghana National Petroleum Corporation (GNPC) has marked four decades of operations with a renewed focus on restoring petroleum production growth, expanding gas commercialisation, advancing exploration and strengthening its capacity to take on a greater operatorship role. The Corporation outlined these priorities at its 3rd Annual General Meeting, held at the Labadi Beach Hotel in […]

GNPC turns 40, targets oil production recovery and $3.5bn fresh investment

The Ghana National Petroleum Corporation (GNPC) is targeting a recovery in oil production, expanded gas commercialisation and increased exploration as it marks 40 years of operations. The Corporation outlined the priorities at its 3rd Annual General Meeting at the Labadi Beach Hotel in Accra. The meeting, held under the theme “40 Years of Resilience,” reviewed […]

Monumental Energy advances Taranaki basin exploration permit in New Zealand

Monumental Energy Corp.‘s application for petroleum exploration acreage in New Zealand’s Taranaki basin has advanced to government review after a three-month competing-application period closed without any competing bids.  The application for petroleum exploration permit PEP61554 covers approximately 245 km² of prospective onshore and offshore acreage in the northern Taranaki basin. Monumental submitted the application in May 2026 alongside private […]

TGS expands 3D seismic program in Malaysia’s Sarawak basin

TGS will launch the fourth phase of its multi-client 3D seismic program offshore Sarawak, Malaysia, adding approximately 1,020 km² of new data to support exploration across the hydrocarbon-rich basin.   The Ramform Sovereign seismic vessel is scheduled to mobilize for the survey during the fourth quarter of 2026, with acquisition expected to be completed in December. Phase 4 is […]

Ecopetrol closes $1.2 billion Brava Energia acquisition in Brazil

Ecopetrol has completed its approximately $1.2 billion acquisition of a controlling 51% stake in Brava Energia, significantly expanding the Colombian energy company’s upstream position in Brazil.   The transaction closed following receipt of required regulatory approvals and combines shares acquired through a voluntary tender offer with shares purchased under an April agreement with existing Brava shareholders. Ecopetrol acquired approximately 25% of […]