Operator BW Energy said the government’s decision would help secure continued investments in discovered fields and potential tie-ins of structures on adjacent licenses.
April 8, 2026
Photo by Valerii Gorodinskyi; Courtesy of marinetraffic.com
The company and its partners see scope for a fast-track development via infrastructure on the producing Temsah concession in the eastern Mediterranean Sea.
Current operator Galp Energia has revised its estimate for the deepwater complex to 1.38 Bboe, ahead of the next round of exploration/appraisal drilling.
A Sonangol-financed, two-well campaign offshore Angola could unlock up to 120 MMbbl of recoverable resources if successful, with first drilling expected imminently.
Despite the varying water depths in the well locations, the two companies are intent on bringing in a semisubmersible rig, with operations potentially starting in 2027.
The integrated subsea production systems and the emphasis on local manufacture should help operator CNOOC reduce project costs and complexity, says SLB.
The North and South Hub developments will produce gas and condensate from four fields in the Kutei Basin, with a newbuild FPSO planned for the Geng North/Gehem fields.
The company’s teams worked with TechnipFMC crews onboard the Deep Orient vessel during the campaign, which lasted a year, including subsequent recycling onshore.
Woodside’s latest quarterly update highlights new project momentum in Australia and the Gulf of Mexico, from fresh FIDs and ongoing drilling to major decommissioning wins and ...
Carnarvon Energy and Santos Ltd. are progressing their offshore gas and liquids projects in Australia. Santos is nearing startup of the Barossa LNG project despite commissioning...
Vessel motions during operations at the White Rose field offshore Newfoundland caused two gas cylinders to break free from a rack, falling to the deck.
Valaris has extended its offshore drilling contract with Petrobras in Brazil for over three years, while also forming a partnership with Petronas Suriname and Halliburton to develop...
From Belgium’s largest floating PV plant to adaptive mooring trials in Portugal and marine pilots in Spain, floating solar developers are pushing the technology into new industrial...
Operator OMV Petrom, however remains committed to Black Sea exploration having recently joined the Shell-led consortium in Bulgaria’s offshore Han Tervel Block.
Ravil Maganov, chairman of Russia's second largest oil producer Lukoil, died on Sept. 1 after falling from a hospital window in Moscow, a source familiar with the situation told...
Russia will halt gas supplies to Europe for three days at the end of the month via its main pipeline into the region, Gazprom said on Friday, piling pressure on the region as ...
StormGeo’s Alan Binley explains how AI‑driven weather intelligence is moving offshore operators beyond traditional forecasting to asset‑specific, decision‑ready insights that ...