CNOOC has commenced production from its Panyu oilfield joint development project, the company announced. The project is expected to achieve a peak production of approximately 13,600 boed in 2025. SourceContinue Reading

Vantage Drilling announced the creation of TEVA Ship Charter LLC (TEVA), a new JV entity with TotalEnergies. Under terms of the agreement, Vantage will operate the Tungsten Explorer for a ten-year term with the option to extend. SourceContinue Reading

Petrobras has released a news statement regarding a Brazilian government enacted law which addresses the possibility of transfer of local content surpluses among contracts in exploration and production of oil and natural gas. SourceContinue Reading

ADES Holding Company has received a Letter of Award (LOA) from PTTEP Energy Development Company Limited (PTTEP) for an offshore jackup drilling contract in the Gulf of Thailand with an estimated backlog of SAR 1.035 billion. SourceContinue Reading

(Bloomberg) – Senegal’s economic growth rate surged to a record in the third quarter as the West African nation began exporting oil, with the International Monetary Fund predicting a 9.3% expansion next year. SourceContinue Reading

(Bloomberg) – BP Plc’s Greater Tortue Ahmeyim project started producing gas from offshore fields in Senegal and Mauritania, and both countries expect deliveries soon in a boost to economic growth. SourceContinue Reading

(Bloomberg) – Guyana’s President Irfaan Ali on Tuesday firmly ruled out formally asking Exxon Mobil Corp. to renegotiate its production contract, resisting calls from his political opposition and activists in the country. SourceContinue Reading

Subsea7 announced the award of a sizeable1 contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) to provide inspection, repair and maintenance (IRM) services for the Sakarya gas field development in the Black Sea. SourceContinue Reading

Sintana Energy announced that the PEL 83 Joint Venture has successfully drilled and logged the Mopane-2A well in the heart of Namibia’s Orange Basin. The blocks are governed by Petroleum Exploration License 83 (PEL 83) which is operated by a subsidiary of Galp Energia of Portugal. SourceContinue Reading

Eni has kicked off Phase 2 of the Baleine field, offshore Ivory Coast. Said to be the largest discovery in the country and the first net-zero emission upstream project, production is poised to reach 60,000 bopd and 70 million cubic feet of associated gas. SourceContinue Reading