Category: News

Energy company bp has taken a final investment decision (FID) on the Tiber Guadalupe development in the Gulf of America.

The US Treasury’s Office of Foreign Assets Control has postponed sanctions on Serbia’s Russian-owned NIS oil company, initially set for 1 October, by eight days.

Saipem has secured authorisation from ExxonMobil Guyana to proceed with the engineering, procurement, construction, and installation (EPCI) activities for the Hammerhead offshore project.

Iraq has reportedly resumed oil exports from its Kurdistan region to Turkey, the first flow through the pipeline in over two years.

Oil India Limited (OIL) has reported the occurrence of natural gas in the Andaman offshore, marking the first hydrocarbon show in its ongoing shallow-water campaign.

Nigeria has given the green light to TotalEnergies’ $510m divestment of its interest in Oil Mining Lease 118, which includes the Bonga field, to Shell and Nigerian Agip Exploration (Agip).

Brazilian regulator Ibama has approved Petrobras’ Pre-Operational Assessment (APO) in block FZA-M-59 of the Foz do Amazonas basin.

SLB has secured a contract from Petrobras to deliver services and technology for up to 35 ultra-deepwater wells in Brazil’s Santos Basin.  

Caturus Energy has announced a multiyear contract with Nabors Industries for the deployment of the onshore drilling rig PACE-X Ultra X33.  

Eni has announced the completion of the sale of a 30% stake in the Baleine project in Côte d’Ivoire to Vitol.