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TotalEnergies fast-tracks Angola oil discovery to first production in three months

TotalEnergies is fast-tracking development of its Acacia-5 oil discovery offshore Angola, targeting first production just three months after the discovery while expanding its exploration portfolio with two new operated blocks.   Acacia-5 was discovered in June 2026 on Block 17, where TotalEnergies holds a 38% operated interest. The discovery will be developed using available capacity on the existing […]

Shell takes stakes in bp exploration prospects offshore Brazil, U.S. Gulf

Shell will acquire stakes in two bp-operated exploration opportunities offshore Brazil and in the Gulf of America, expanding collaboration between the majors ahead of planned exploration drilling. Under the agreements, Shell will acquire a 50% interest in the Tupinambá exploration block in Brazil’s offshore Santos basin and a 30% interest in five leases containing the Conifer exploration prospect in the deepwater […]