DRIFT Offshore has established a partnership with UHI North, West and Hebrides, to develop and deliver an introductory training course focused on the operation of remotely operated vehicles (ROVs), trenching and subsea equipment. SourceContinue Reading
The Energy NL Conference & Exhibition 2025 continued in St. John’s on Wednesday, and began with an update from Jeff Murphy, Vice President Capital Projects with North Atlantic, who spoke about recently announced negotiations with ExxonMobil France. SourceContinue Reading
Op-Ed: The media are reporting new predictions that oil production in America is in irreversible decline. Apparently, peak oil is back in vogue, like it’s 2005 instead of 2025. As a regulator of the nation’s largest oil and natural gas producing state, I’ve seen these scary headlines many times before, but here’s the good news:...Continue Reading
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
