Industry News
Aker BP, partners discover dry well in North Sea’s Njargasas prospect
Aker BP and its partners have discovered a dry well in the Njargasas prospect of Norwegian North Sea.
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Industry News
Prio in talks to acquire remaining 60% stake in Brazil’s offshore Peregrino oilfield
Prio is currently in discussions to purchase the remaining 60% stake in the offshore Peregrino oilfield from Norway’s Equinor.
Industry News
Production starts at Bohai Bay oilfield in China
CNOOC has started phase one production at the Bozhong 26-6 oilfield development project located in central Bohai Bay.
Industry News
British Columbia fast-tracks 18 mining and energy projects after US tariff threat
British Columbia Premier David Eby has vowed to fight back against the threatened US tariffs on energy
Analysis
New era of trade tariffs ‘likely for the foreseeable future’
A delay to US tariffs on goods from Mexico and Canada has done little to suggest Trump will change his course on trade levies.
Industry News
BP discovers significant oil and gas reserves in Egypt’s King Mariout offshore block
bp has discovered substantial oil and natural gas reserves in the King Mariout offshore block, situated in Egypt’s northern Mediterranean.
Industry News
Captura starts direct ocean capture pilot in Hawaii
US-based carbon removal company Captura has commenced operations at its new pilot plant in Kona, Hawaii, that captures carbon dioxide (CO2) directly from ocean water.
Industry News
McDermott completes Kikeh subsea gas lift project in East Malaysia
McDermott has announced the completion of the Kikeh subsea gas lift project in East Malaysia.
Industry News
Ecopetrol completes acquisition of remaining interest in Block CPO-09
Colombia’s state-run oil company, Ecopetrol, has completed the acquisition of the remaining 45% interest in Block CPO-09 from Repsol Colombia Oil & Gas for $452m.
Industry News
Quebec may reconsider LNG and oil projects due to US threats
Canadian province Quebec is open to revisiting liquefied natural gas (LNG) and oil projects previously rejected, influenced by US President Trump’s threats.