Fossil Energy – Africa Energy
Africa Energy, through its investment Main Street, has formally become the operator of Block 11B/12B offshore South Africa.
[Read more…] about Africa Energy announces Block 11B/12B operations update
ExxonMobil withdraws from Block 52 Suriname
Fossil Energy – Suriname
ExxonMobil Exploration & Production Suriname has formally notified Staatsolie that it will withdraw from Block 52 in the Surinamese offshore area effective 14 November 2024.
[Read more…] about ExxonMobil withdraws from Block 52 SurinameOil and gas discovery in the North Sea
Fossil Energy – Discovery
Equinor has struck oil and gas near the Fram field in the North Sea.
[Read more…] about Oil and gas discovery in the North SeaFinal agreements for Niosi and Guduma Marin blocks offshore Gabon
Fossil Energy – Gabon
BW Energy recently announced its signing of production sharing contracts (PSCs) for the exploration blocks Niosi Marin and Guduma Marin with Gabon’s Petroleum Minister and Minister of Economy.
[Read more…] about Final agreements for Niosi and Guduma Marin blocks offshore GabonUK likely to unlock £10 billion worth of North Sea oil & gas
Fossil Energy – Policy
Given the rising focus on energy security, Wood Mackenzie, an energy intelligence group, has pointed out that the United Kingdom (UK) could get its hands on an additional £10 billion of North Sea oil and natural gas value from existing assets if it puts the right set of fiscal and regulatory policies in place.
[Read more…] about UK likely to unlock £10 billion worth of North Sea oil & gasCNOOC starts up Xijiang oil project offshore China
Fossil Energy – Xijiang On Stream
CNOOC has brought onstream its Xijiang 30-1 development project in the Xijiang 30-2 oil field in the eastern South China Sea ahead of schedule.
[Read more…] about CNOOC starts up Xijiang oil project offshore ChinaHibiscus closes acquisition Brunei asset from TotalEnergies
Fossil Energy – Brunei
Hibiscus Petroleum Berhad subsidiary Simpor Hibiscus Sdn Bhd has completed the acquisition of equity interest in TotalEnergies EP (Brunei).
[Read more…] about Hibiscus closes acquisition Brunei asset from TotalEnergiesPetrobras signs three concession contracts in Pelotas basin
Fossil Energy – Brazil
Petrobras signed three concession contracts for blocks in the Pelotas basin offshore Brazil.
[Read more…] about Petrobras signs three concession contracts in Pelotas basinCNOOC brings Bozhong 19-2 oilfield development project on stream
Fossil Energy – CNOOC
CNOOC announced yesterday that Bozhong 19-2 Oilfield Development Project has commenced production.
[Read more…] about CNOOC brings Bozhong 19-2 oilfield development project on streamEnbridge to build pipelines for GOM deepwater oil project
Fossil Energy – Deepwater Project
Enbridge announced earlier this week that it will build, own, and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico for the recently sanctioned Kaskida development, operated by BP Exploration & Production.
[Read more…] about Enbridge to build pipelines for GOM deepwater oil project
