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.
Exploration well Yopaat 1 authorized in Eni’s Area 9 deepwater Gulf of Mexico
Plans to develop production cluster with Yopaat and two other wells in Area 10
Drilling scheduled mid-May to late July with possible sidetrack to August
TotalEnergies SE is acquiring the remaining 50 percent stake in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn from Sapura Upstream Assets Sdn Bhd (SUA) for $530 million.
A Swiss subsidiary of Polish state energy giant Orlen has revealed details of the roughly $400 million (1.6 billion zloty) it lost on prepayments made without collateral under the firm’s previous management for Venezuelan crude oil and petroleum products that were never delivered.
The Students’ Loan Bureau (SLB) plans to employ several initiatives to strengthen its customer engagement strategies for fiscal year 2024/25.
MODEC Inc. (“MODEC”) is pleased to announce that it has been successful in securing the Front-End Engineering and Design (FEED) for a Floating Production, Storage and Offloading (FPSO) system for Shell do Brasil Ltda (“Shell”) on the Gato do Mato development, offshore Brazil.
Suriname aims to replicate Guyana’s oil success but faces challenges due to delays, commercial concerns, and global climate change efforts.
TotalEnergies and APA plan to make the final investment decision on the Block 58 project by the end of 2024, targeting first oil in 2028.
Suriname’s oil boom could transform the country’s economic fortunes, ending its protracted crisis and lifting it out of poverty.
Galp saw its share price pop 20% on Monday.
Galp says it conducted testing operations at the Mopane-1X well in January and the Mopane-2X well in March, with, “significant light oil columns discovered in high-quality reservoir sands.”.
The company announced that the first phase of its exploration in the Mopane field in offshore Namibia could contain at least 10 billion barrels of oil.
There are indications that the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, the regulator of Nigeria’s upstream oil sector, is not responsible for the alleged delay in granting consent to the sale of $1.3 billion of ExxonMobil’s 40 percent stake in Mobil Producing Nigeria Unlimited, MPNU’s assets, to Seplat Energy Plc.
Records show that international oil companies including Chevron, Eni, ExxonMobil and Shell began exploring in Somalia in the 1950s but stopped when the country plunged into civil war in early 1991.