Fossil Energy – Goliat Field
Vår Energi has proven more oil close to the Goliat field in the Barents Sea.
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Vår Energi has proven more oil close to the Goliat field in the Barents Sea.
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Vår Energi has discovered oil in the Zagato prospect, directly north of the Goliat field.
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Guyana expects to soon sign an oil production-sharing agreement with a consortium led by France’s TotalEnergies that will allow it to explore an offshore area, Energy Minister Vickram Bharrat told Reuters.
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Shell returns to the ultra-deep waters of the Campos Basin to drill another wildcat.
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BP’s chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor concerns over earnings, two sources told Reuters.
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Total petroleum resources on the Norwegian continental shelf (NCS) saw a minor increase last year, according to last year’s inventory – the Resource Accounts for 2024.
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bp has started production from the second development phase of the Raven field, offshore Egypt.
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A consortium led by U.S. major Exxon Mobil plans to produce up to 180,000 barrels per day (bpd) of oil and 95 million cubic feet per day (mmcfd) of gas at its seventh project in Guyana, Hammerhead.
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Last Friday President Donald Trump signed an executive order formally creating a National Energy Dominance Council and directed it to move quickly to drive up already record-setting domestic oil and gas production.
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Equatorial Guinea is taking decisive steps to revitalise its upstream sector, with plans to launch a new licensing round in 2025 aimed at increasing exploration and production.
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