New oil & gas discovery seen as European country’s ‘largest conventional hydrocarbon field’
Keeping the remaining potential for exploration and recovery in mind, a fresh oil and gas discovery, which was…
Big Oil’s Power Couple Heads to Guyana
Following the completion of Chevron’s acquisition of Hess Corporation, the U.S. supermajor will need to overcome a previously…
ExxonMobil’s new gas discovery springs into view offshore Cyprus
Two energy giants, U.S.-headquartered ExxonMobil and Qatar’s QatarEnergy, have made a new gas find off the coast of…
One well down, as Saipem drillship moves to another to unlock more gas at Eni’s field
Italy’s energy giant Eni has completed the drilling of a well at a natural gas field in the…
Brazil seeks $6.2 billion from oil industry in push to boost finances
(Bloomberg) — Brazil’s energy ministry has proposed measures to raise around 35 billion reais ($6.2 billion) from the…
Petrobras Plans To Start Drilling in the Amazon in Weeks
Brazil’s Petrobras is planning to start drilling in the Foz de Amazonas Basin by the end of the…
Deepwater Market Outlook Improves with Noble Corp Report
Noble Corp, (NYSE:NE) turned in a pretty solid report for Q-1 this week, and gave a forecast that…
Trinidad and Tobago Expands Offshore Oil and Gas Bidding
Trinidad and Tobago has steadily been developing its fossil fuel potential in line with regional growth. Neighbouring Guyana…
Turkey’s TPAO Plans Energy Exploration Off Northern Cyprus
Turkey’s state-owned Turkish Petroleum Corporation (TPAO) is set to launch energy exploration in waters off the Turkish Republic…
Trump Launches Ambitious New Offshore Oil and Gas Leasing Program, Establishes High Arctic Planning Area
The Department of the Interior has initiated the development of the 11th National Outer Continental Shelf (OCS) Oil…
Transocean rig in the clear for drilling ops offshore Norway
Norwegian state-owned energy giant Equinor has received the go-ahead from the country’s authorities to use one of Transocean’s…
BP Approves New Gas Project in Trinidad to Aid Atlantic LNG Output
3/28/2025 (Reuters) — BP has given final approval to its Ginger gas development in Trinidad and Tobago, it…