Pancontinental is on the lookout for a new partner to secure the required funds for exploration drilling in petroleum exploration license (PEL) 87, located in the Orange Basin, off the coast of Namibia, after Australia’s Woodside changed its mind about acquiring an interest in the license.
Seapeak Maritime, an independent owner-operator of liquefied natural gas (LNG) vessels, is considering selling three steam-turbine LNG carriers from its fleet that are in lay up. As disclosed in Seapeak’s annual report, three steam turbine LNG carriers–out of seven from its fleet–were placed in layu
Norwegian subsea service provider Argeo has completed a project offshore Namibia on behalf of French multi-energy major TotalEnergies, with its vessel now demobilizing. Argeo completed its work at TotalEnergies’ Venus project in Namibia’s Orange Basin under a $39 million contract announced in April
Petrobras has made a hydrocarbon discovery at an exploration well in the pre-salt Santos Basin off the coast of Brazil, South America.
Equinor has kicked off production from the first chapter of a gas and condensate project off the coast of Norway, which is envisioned to encompass multiple discoveries developed in two phases.
Navigator Gas has completed the acquisition of the final two of three new 17,000 cbm liquefied ethylene gas (LEG) carriers.
PV Gas, a subsidiary of Vietnam Oil and Gas Group (Petrovietnam) has signed agreements with two Texas-based energy majors, Excelerate Energy and ConocoPhillips, to cooperate on sourcing LNG from the United States.
Following a collision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea, the UK’s Maritime and Coastguard Agency has maintained that it does not foresee a damaging pollution effect from the tanker.
Taiwan’s state-owned petroleum company CPC Corporation has awarded an engineering, procurement, and construction (EPC) contract for the construction of liquefied natural gas (LNG) cryogenic tanks at its Kaohsiung Intercontinental LNG terminal to Taiwan’s EPC services provider CTCI Corporation and Ja
ConocoPhillips has penciled in the start of seabed surveys next month to find drilling locations for its upcoming Otway exploration drilling program (OEDP), envisioned to discover more Australian gas with a semi-submersible rig owned by Transocean, a Switzerland-based offshore drilling contractor.
Global Petroleum, an AIM-listed oil and gas upstream exploration company presently focused on Africa and the Mediterranean, has changed its name to Geo Exploration.
Energean has spotted potential clouds that are gathering on the divestment horizon for its portfolio in Egypt, Italy, and Croatia with an enterprise value (EV) of up to $945 million, of which $820 million is firm.
Australia’s energy giant Woodside has signed a long-term sale and purchase agreement (SPA) with China Resources Gas International Limited, a gas distribution company owned by China Resources Holdings, to deliver liquefied natural gas (LNG) to China.
CNOOC has brought on stream two oilfield projects off the coast of China, with the help of so-called intelligent technologies, which are said to unlock the doors of low-emission hydrocarbon development.
