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ANP extends BW Energy’s Golfinho licence production phase to 2042

The Golfinho concession, previously scheduled to end in 2031, is located in the Espírito Santo Basin. https://www.offshore-technology.com...

Apr 41 min read

Duo looking to drill exploration well offshore Bulgaria by year-end

Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have reached...

Apr 11 min read

BP and Iraq finalize contract for Kirkuk oil field redevelopment

bp has received final government ratification for its contract to invest in the redevelopment of several giant oil fields in Kirkuk, in...

Mar 271 min read

Shell’s deepwater project offshore Brazil is a go with first Gato do Mato gas due in 2029

Shell do Brasil, a Brazilian subsidiary of the UK-headquartered energy giant Shell, has taken a final investment decision (FID) for its...

Mar 171 min read

Libya's Mabruk oilfield resumes production after ten years

Libya's National Oil Corporation (NOC) has resumed oil production at the Mabruk oilfield after a ten-year hiatus. The field is currently...

Mar 171 min read

MOL Makes New Oil Discovery in the Western Hungry

MOL announced discovering a new oil field near Somogysámson in Western Hungary. During the exploration drilling carried out in December...

Mar 171 min read

BP to ramp up oil and gas investment to $10 billion per year through 2027

bp will also cut renewable energy spending by more than $5 billion per year as part of a ‘strategic reset.’ https://www.offshore-mag.com/...

Mar 171 min read

ExxonMobil’s oil & gas exploration gets uplift with ‘cutting-edge’ 4D seismic tech and supercomputer

U.S.-headquartered energy giant ExxonMobil is feeling buoyed by the possibility of cutting seismic processing time from months to weeks...

Mar 171 min read