MoU
The Government of Ghana, the Ghana National Petroleum Corporation (GNPC) and GNPC Explorco have signed a non-binding memorandum of understanding with Shell and Chevron.
[Read more…] about Ghana signs preliminary deal with Shell and ChevronWoodside and PEMEX sign MOU to expand strategic partnership
Gulf of Mexico
Woodside Energy announced today that it had signed a non-binding Memorandum of Understanding (MOU) with Petróleos Mexicanos (PEMEX).
[Read more…] about Woodside and PEMEX sign MOU to expand strategic partnershipShell exploration well offshore Egypt indicates commercial discovery
Oil Discovery
Shell’s Velox-1X exploration well off the coast of Egypt has encountered promising oil indicators and could lead to the first crude oil discovery in the under-explored Western Mediterranean region.
[Read more…] about Shell exploration well offshore Egypt indicates commercial discoveryPETRONAS has made oil discovery offshore Suriname
Caiman
The Caiman-1 exploration well encountered multiple oil-bearing Cretaceous sandstone intervals after being drilled in just 90 metres of water to a total depth of 5,065 metres.
[Read more…] about PETRONAS has made oil discovery offshore SurinameMultimillion-dollar exploration campaign off coast of Papua New Guinea
Fossil Energy
France’s energy giant TotalEnergies and Malaysia’s Petronas have kicked off a multimillion-dollar oil and gas exploration campaign off the coast of Papua New Guinea, Oceania.
[Read more…] about Multimillion-dollar exploration campaign off coast of Papua New GuineaEco Atlantic advances Namibia exploration plans as BP farm-down nears completion
Namibia
Eco Atlantic Oil & Gas has provided an update on its offshore Namibian portfolio.
[Read more…] about Eco Atlantic advances Namibia exploration plans as BP farm-down nears completionMOL Group signed production sharing agreement in Libya
Mediterranean Sea
MOL Group has signed a production sharing agreement for an offshore exploration area in the Mediterranean Sea, after being granted an exploration licence.
[Read more…] about MOL Group signed production sharing agreement in LibyaShell advances exploration in Namibia’s Orange Basin with latest well results
Exploration
Shell has reported encouraging exploration results from its Merlin-1X exploration well in Petroleum Exploration Licence No. 0039 (PEL 0039), offshore Namibia.
[Read more…] about Shell advances exploration in Namibia’s Orange Basin with latest well resultsINEOS/Shell explore oil and gas opportunities in Gulf of Mexico
Fossil Energy – Collaboration
INEOS Energy and Shell Offshore have agreed to invest together in exploration and development opportunities.
[Read more…] about INEOS/Shell explore oil and gas opportunities in Gulf of MexicoTotalEnergies commits US$1 Billion annually as Namibia emerges as global oil hotspot
Fossil Energy – Namibia
TotalEnergies is intensifying its global energy exploration efforts, committing approximately US$1 billion each year as Namibia rises as one of the world’s most promising new oil and gas frontiers.
[Read more…] about TotalEnergies commits US$1 Billion annually as Namibia emerges as global oil hotspot