Category: News

Eni has agreed to acquire a 50% stake and operatorship in Uruguay’s offshore exploration Block OFF-5 from Argentine state-owned energy company YPF.

Equinor has announced plans to drill 250 oil and gas exploration wells in Norwegian waters over the next decade.

TotalEnergies has completed the sale of its non-operated stake in the Bonga deepwater field, located offshore Nigeria.

DeepOcean is close to finishing a contract from TotalEnergies involving the disconnection and towing of the Gryphon Alpha floating production storage and offloading (FPSO),

Australia’s Woodside Energy and the Ministry of Petroleum and Mineral Resources of Timor-Leste (MPRM) have formalised a cooperation agreement to pursue studies and activities aimed at maturing a liquefied natural gas (LNG) project based in Timor.

Abu Dhabi National Oil Company (Adnoc) has outlined a $150bn investment plan between 2026 and 2030.

Mozambique’s government has granted a 30-year concession for the construction and operation of natural gas infrastructure at the Port of Beira and Inhassoro,

Oil and gas exploration and development firm Orcadian Energy has received a three-year extension from the UK’s North Sea Transition Authority (NSTA) for the License P2244.

South Korea’s SK Earthon has acquired a 34% stake in the North Ketapang block from Petronas North Ketapang, furthering its Southeast Asia oil exploration strategy.

Oil India Limited (OIL) has finalised the capping of oil well KSG 76 at the Kharsang oil field in the Indian state of Arunachal Pradesh.