Eni has enriched its offshore oil and gas portfolio in Côte d’Ivoire with four new exploration blocks while closing in on the finish line to bring the second stage of its oil and gas development online.
ASX-listed Hartshead Resources and Viaro Energy, through its wholly-owned subsidiary RockRose Energy, are working on progressing the development of their gas project in the UK sector of the North Sea.
OMV Petrom has struck a deal with NewMed Energy for the transfer of a partial stake in an offshore block in Bulgaria’s part of the Black Sea, enabling the latter to join the upcoming exploration activities in search for more hydrocarbons.
Petrobras has kicked off the opportunity disclosure stage for the sale of its working interest in a producing shallow water field in the Sergipe-Alagoas Basin off the coast of Brazil.
Salunda has secured its first installation of its patented zone monitoring technology in Australia and the wider Asia Pacific (APAC) region, thanks to a deal to deploy its zone monitoring solution on one of Transocean’s rigs working in Australian waters.
BP is moving forward with activities required to bring on stream a subsea gas development project offshore Trinidad and Tobago.
Valeura Energy has achieved an oil production boost, following a five-well infill drilling program at a field off the coast of Thailand. Encouraged by these results, the firm has prolonged the assignment for one of Borr Drilling’s jack-up rigs, which undertook these drilling operations, thus, the mo
OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, has brought its floating storage and regasification unit (FSRU) back to its post off the coast of Livorno.
Saipem has won a new offshore assignment with BP for work on an Asian integrated project’s offshore facilities for natural gas production and transportation alongside carbon capture, utilization, and storage (CCUS).
Israel’s Navitas Petroleum has postponed a final investment decision (FID) for its giant Sea Lion oil project in the North Falkland Basin (NFB), bumping it to next year for Phase 1, following the cost hike to $1.4 billion.
Eni has made inroads in bringing its new floating liquefied natural gas (FLNG) unit to life in line with its start-up timeline, thus, the unit is still slated to come into operation mode in the fourth quarter of 2025 at the Italian player’s LNG project off the coast of Congo, Africa.
Finnish fuel supply systems provider Auramarine and British clean energy solutions supplier Quadrise Plc have joined forces to develop “innovative” solutions supporting maritime decarbonization. Auramarine and Quadrise have disclosed that this cooperation aims ‘to leverage the experience of both com
While the energy transition toolbox is filled with decarbonization tools, electrification seems to be the jewel in its crown, based on research conducted by Rystad Energy, which points out that applying this method to upstream operations has the potential to get rid of over 80% of oil and gas produc
After decarbonization pledges entered the scene, climate change challenges have fanned the transformation flames, taking the energy industry’s transition to other power sources to a whole new level.
