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PRIO in the clear for 14-well offshore drilling campaign

Wednesday, March 18 2026

General – Drilling

The Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) has issued an amendment to the drilling license for the Frade field, authorizing PRIO to drill up to 14 new wells at the field.

[Read more…] about PRIO in the clear for 14-well offshore drilling campaign

Filed Under: Brazil, Campos Basin, Drilling, drilling campaign, Frade Field, International projects, Licenses, Prio Tagged With: Brazil, Campos Basin, drilling license, Frade Field, Ibama, PRIO, wells

US weighs $1 billion wind farm settlement for TotalEnergies

Wednesday, March 18 2026

General – Compensation

U.S. officials are drafting agreements to pay nearly $1 billion to ​oil major TotalEnergies as compensation for the cancellation of leases for ‌wind farms in federal waters off New York State and North Carolina, the New York Times reported on Tuesday.

[Read more…] about US weighs $1 billion wind farm settlement for TotalEnergies

Filed Under: cancellation, compensation, International projects, Lease Agreement, lease rights, TotalEnergies, Trump, USA Tagged With: cancellation of leases, compensation, TotalEnergies, Trump, USA

Two new gas discoveries in Libya for Eni

Tuesday, March 17 2026

Fossil Energy – Gas Discovery

Eni has made two new gas discoveries in Libya as a result of an exploration campaign initiated in the past months.

[Read more…] about Two new gas discoveries in Libya for Eni

Filed Under: ENI, Exploration, Gas discovery, International projects, Lybia Tagged With: Eni, exploration campaign, Gas discovery, Libya

Trump directs Sable Offshore to restore Santa Ynez oil unit

Tuesday, March 17 2026

Fossil Energy – Restart Production

Last Friday, the Trump administration directed Sable Offshore to ​restore oil drilling operations off the southern California coast, ‌the U.S. Energy Department said.

[Read more…] about Trump directs Sable Offshore to restore Santa Ynez oil unit

Filed Under: Drilling, International projects, Oil price, oil production, restart, Sable Offshore, Trump Tagged With: drilling, oil production, restart, Sable Offshore, Trump

KOGAS signs LNG supply cooperation deal with Japan’s JERA

Tuesday, March 17 2026

General – LNG

Korea Gas Corp. has signed a Memorandum of Understanding (MOU) with Japan’s biggest liquefied natural gas (LNG) buyer, JERA, to strengthen cooperation on LNG supply and demand management.

[Read more…] about KOGAS signs LNG supply cooperation deal with Japan’s JERA

Filed Under: International projects, Jera, Korea Gas Corp., LNG, MoU, supply and demand Tagged With: Jera, Korea Gas Corporation, lng, MOU, supply and demand

Ørsted proposes three new Board Members during Annual Meeting

Tuesday, March 17 2026

General – Annual Meeting

Ørsted said it will hold its annual general meeting on 9 April 2026 at its headquarters in Gentofte, Denmark.

[Read more…] about Ørsted proposes three new Board Members during Annual Meeting

Filed Under: annual meeting, International projects, Nomination, Orsted Tagged With: annual meetings, nomination, Ørsted

Chevron and Shell move toward oil development agreements in Venezuela

Sunday, March 15 2026

Fossil Energy – Venezuela

Chevron and Shell are advancing discussions with Venezuelan authorities on new oil production agreements that could significantly expand their operations in the country’s energy sector.

[Read more…] about Chevron and Shell move toward oil development agreements in Venezuela

Filed Under: Chevron, International projects, oil production, Shell, Venezuela Tagged With: chevron, oil development, Shell, Venezuela

Oceanica secures long-term contracts with Petrobras

Sunday, March 15 2026

Fossil Energy – SDSVs

Brazilian engineering company Oceanica Engenharia has secured a series of long-term contracts with Petrobras, Brazil’s state-owned oil and gas company, with a combined value of approximately $736 million.

[Read more…] about Oceanica secures long-term contracts with Petrobras

Filed Under: Brazil, Diving, International projects, Long Term Agreement, Petrobras, SDSV Tagged With: Brazil, diving support vessel, long term contracts, Oceanica Engenharia, Petrobras, SDSVs

Encouraging signs from Sirius-1X exploration well offshore Egypt

Sunday, March 15 2026

Fossil Energy – Egypt

Initial drilling results from the Sirius-1X exploration well in the Mediterranean Sea offshore Egypt have shown encouraging indications of potential gas resources, according to Egypt’s Ministry of Petroleum and Mineral Resources.

[Read more…] about Encouraging signs from Sirius-1X exploration well offshore Egypt

Filed Under: Egypt, Exploration, exploratory drilling, International projects, Shell, Sirius 1X Tagged With: egypt, exploration, Shell, Sirius 1X

TGES and IX Renewables sign offshore wind pact

Saturday, March 14 2026

Wind Energy – Collaboration

Tokyo Gas Engineering Solutions (TGES) has signed an agreement with IX Renewables of the Netherlands to collaborate on an offshore wind power generation project.

[Read more…] about TGES and IX Renewables sign offshore wind pact

Filed Under: collaboration, International projects, IX Renewables, offshore wind, Tokyo Gas Tagged With: collaboration, IX Renewables, Offshore Wind, power generation, TGES

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