PRIO, formerly known as PetroRio, has uncovered proof of the existence of oil in a prospect located off the coast of Brazil.
The rig will be used for a drilling campaign at a licence offshore Namibia close to Shell’s Graff and TotalEnergies’ Venus discoveries.
EnQuest has inked a deal with Malaysia’s Petronas to boost gas production from a field located in shallow water offshore Malaysia.
QatarEnergy has entered into two production sharing contracts (PSCs) for two blocks offshore Suriname, following successful bids for these blocks.
Africa is lagging behind in its digital uptake, which is putting at risk its ambition to become a gas-powered economy by 2030.
Equinor has made a final investment decision for an oil and gas project in the Campos Basin offshore Brazil.
A new FPSO unit for Petrobras’ revitalisation project in Campos Basin offshore Brazil, has started production.
Baker Hughes’ international rig count report indicates that the number of offshore rigs lost its forward momentum.
MODEC is moving to the engineering, procurement, construction, and installation (EPCI) phase for ExxonMobil’s FPSO destined to work in Guyana.
Murphy Oil started drilling its second well in the U.S. Gulf of Mexico, after making a new oil discovery at its first prospect in 2023.
ABB has announced that it will collaborate with Lhyfe and Skyborn to jointly realise and optimise SoutH2Port renewable hydrogen project located in Sweden. Together with Lhyfe and Skyborn, ABB will drive large-scale integration of the production of offshore wind renewable energy hydrogen into the ene
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States climbed up a step last week.
Shell has hired Australia’s engineering company Worley to support its deepwater development project in the U.S. Gulf of Mexico (GOM).
Two oil majors, Shell and ConocoPhillips, have joined their peers in posting 1Q 2023 results, which were hampered by lower oil & gas prices.
