The Government of Ghana, Tullow Oil, Kosmos Energy, PetroSA, Ghana National Petroleum Company (GNPC) and Explorco have entered into an MOU to extend production licenses covering the Jubilee and TEN fields in Ghana until 2040. SourceContinue Reading
Banks are staying confident in long-term energy fundamentals despite significant trade policy turbulence, according to the Spring 2025 Haynes Boone Energy Bank Price Deck Survey. The survey, now in its 12th edition, is a leading source of information for energy lenders and producers. SourceContinue Reading
PTAS Aker Solutions has secured a significant two-year contract extension to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP). PTAS Aker Solutions is a local joint venture between Aker Solutions and the Brunei company PTAS. SourceContinue Reading
MOL Group and SOCAR have signed key terms for an exploration, development, and production sharing agreement for a new onshore area covering the Shamakhi-Gobustan regions of Azerbaijan. SourceContinue Reading
The Hamm Institute for American Energy has announced the launch of the American Energy + AI Initiative. The initiative is a direct outcome of the Powering AI: Global Leadership Summit, held in April and attended by four U.S. Cabinet officials, energy CEOs and top technologists. SourceContinue Reading
TotalEnergies has signed an agreement with Shell to exchange its 20% non-operated interest in the Gato do Mato project for an additional 3% interest in Lapa, a producing offshore oil field. SourceContinue Reading
On Monday, Brazilian Energy Minister Alexandre Silveira presented measures to President Luiz Inacio Lula da Silva that include selling oil exploration licenses and a review of the reference prices used to calculate oil taxes, the ministry said in a message. SourceContinue Reading
The Energy NL Conference & Exhibition 2025 began Tuesday in St. John’s with statements from Energy Minister Steve Crocker, who outlined his vision for the region’s energy industry, and Kerry Moreland, President of ExxonMobil Canada, who detailed Exxon’s discovery of 75 million barrels of oil in the last year. SourceContinue Reading
Venture Global has initiated full mobilization and started site work at the company’s third LNG export facility, CP2 LNG. The launch comes shortly after receiving final FERC approval and export authorization from the U.S. Department of Energy, SourceContinue Reading
CAVIS Energy officially launched in the U.S. market on Tuesday, bringing industry-leading, relationship-driven energy services to key regions. With an established client base in Texas and New Mexico, The company’s launch follows a series of strategic expansions. SourceContinue Reading
