Petrobras’ new chief executive said a basin in Brazil’s Equatorial Margin, an environmentally sensitive offshore prospect seen as the country’s most promising frontier for oil exploration, was a matter of “national interest.”
A three-way race is intensifying for the Guyana offshore oilfield business, which is estimated to contain at least 11 billion barrels of oil and gas, including Exxon Mobil and Chevron, the two largest U.S. oil companies, and Hess, an oil exploration company.
Petronas Suriname E&P BV, a subsidiary of Petronas, made a third hydrocarbon discovery in Block 52 at the Fusaea-1 exploration well offshore Suriname.
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Norway-based cleantech service provider Soiltech has landed a new contract with UK-headquartered oil and gas company Tullow Oil for operations off the coast of Mauritania.
An Exxon Mobil led oil consortium has achieved peak production of 252,000 barrels per day from its Liza Unity production vessel, Exxon Guyana Country Manager Alistair Routledge said on Wednesday.
Esgian reports that new drilling contracts have been announced in the North Sea and West Africa in its Week 17 Rig Analytics Market Roundup.
Energy services group Kent has secured a contract to carry out pre-front-end engineering design (pre-FEED) assessment of the proposed Spiorad na Mara offshore wind farm in Scotland.
Four projects were planned offshore Texas before multiple crises hit the industry in the 2020s and changed trade oil flows.
The first approval of a Texas deepwater port came earlier this month when the United States Maritime Administration (MARAD) issued the deepwater port license for the Sea Port Oil Terminal.
EIA: the Netherlands received more U.S. crude oil exports than any other country in 2023, averaging 652,000 bpd.
An initial assessment of Nova Scotia’s offshore wind potential says an operating wind farm off the province’s coast is still seven to 10 years out.