QatarEnergy entered into an agreement to acquire a participating interest in an offshore exploration block in the Republic of Namibia from Chevron Namibia Exploration II Limited, a subsidiary of Chevron. Under the terms of the agreement, which is subject to customary regulatory approvals, QatarEnergy will acquire a 25% interest in Petroleum Exploration License 0082 (PEL82), […]
Brazil sold five of the seven blocks offered in an oil auction on Wednesday to majors including Petrobras and Equinor ASA in a sign of renewed interest to explore in deep waters off the country’s southern coast despite low oil prices.
The oil giant is challenging, alongside the South African government, a decision by the Western Cape High Court to set aside the environmental impact assessment for Block 5/6/7 — a license previously held by TotalEnergies SE, the company said in response to questions.
Valeura Energy Inc. has entered into a farm-in agreement with PTT Exploration and Production Plc (PTTEP) to earn a 40% interest in Blocks G1/65 and G3/65, in the offshore Gulf of Thailand.
bp, together with its partners, has entered into a series of agreements that will build and expand on its major oil and gas interests in Azerbaijan, paving the way for growth and additional production while deepening its partnership with the country and state oil company, SOCAR.