Chariot has signed a framework agreement with Etu Energias and BW Energy that will give it economic exposure to cash flows equivalent to approximately 4,000 bpd from producing oil assets offshore Angola. SourceContinue Reading
Tetragon Energy has tripled the gross mid-case prospective gas resource estimate for the Halcon prospect offshore the Philippines to 8.0 Tcf, while raising its estimated geological chance of success from 18% to 24%. SourceContinue Reading
Guyana’s oil production has climbed above 900,000 bpd and could approach 1.7 MMbpd by the end of the decade, as the country looks to continued offshore exploration and broader energy investment to drive its next phase of growth. SourceContinue Reading
Vector Geophysical has purchased 30,000 STRYDE seismic nodes to expand high-density exploration surveys in Colombia, with the equipment set for its first deployment on a Parex Resources project. SourceContinue Reading
Venezuela could increase oil production to as much as 2 MMbpd within five years if planned investment materializes, according to analysts, as Chevron, Eni and other producers move to expand operations in the country. SourceContinue Reading
The Texas Railroad Commission will use satellite ground-motion data integrated with subsurface injection information to strengthen monitoring of underground injection activity across the Permian basin. SourceContinue Reading
TotalEnergies has completed its acquisition of a 40% operated interest in Namibia’s PEL83 license, taking operatorship of the giant Mopane discovery ahead of a three-well appraisal campaign and targeted 2028 FID. SourceContinue Reading
Subsea7 has secured a $50–150 million contract from LLOG Exploration for the deepwater Who Dat East development in the U.S. Gulf, including installation of a 29-km riser and pipe-in-pipe system. SourceContinue Reading
Shell will take stakes in two bp-operated exploration opportunities, acquiring 50% of the Tupinambá block offshore Brazil and 30% of the deepwater Conifer prospect in the Gulf of America. SourceContinue Reading
bp has appointed Ian Tyler as permanent chair with immediate effect after he served in the interim role since May, completing another key step in the company’s recent leadership transition. SourceContinue Reading
