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Bulgaria takes 10% stake in Black Sea oil and gas exploration consortium

Saturday, January 24 2026

Fossil Energy – Bulgaria

“The cheapest gas is our gas,” energy minister Stankov says as Bulgaria acquires a 10% stake in the Black Sea consortium exploring for oil and natural gas in the Han Asparuh offshore block.

[Read more…] about Bulgaria takes 10% stake in Black Sea oil and gas exploration consortium

Filed Under: Black Sea, Bulgaria, International News, Oil and Gas, stake Tagged With: black sea, bulgaria, Han Asparuh, Oil and Gas, stake

Equinor discovers oil in the Norwegian Sea

Monday, January 19 2026

Fossil Energy – Oil Discovery

Equinor and its partners have proven oil in wildcat well 6507/8-12 S in production licence 124 B.

[Read more…] about Equinor discovers oil in the Norwegian Sea

Filed Under: Equinor, International News, Norwegian Sea, Oil and Gas, Oil discovery Tagged With: Equinor, norway, norwegian sea, Oil Discovery, Othello South

Benin expects first oil production in January 2026

Wednesday, January 14 2026

Fossil Energy – Benin

West African nation Benin Republic is expected to produce its first commercial oil from the Seme offshore oilfield by the end of January 2026, after drilling challenges forced the country to miss its initial 2025 target.

[Read more…] about Benin expects first oil production in January 2026

Filed Under: Benin, International projects, Oil and Gas, oil production, West Africa Tagged With: Benin, oil production, Seme, West Africa

Norway braces for Oil and Gas slowdown as investment falls

Tuesday, January 13 2026

Fossil Energy – Norway

Norway’s offshore oil and gas production is expected to remain broadly stable in 2026, but a sharp decline in investment is signalling a slowdown in activity and a gradual fall in output later this decade, the country’s energy regulator said on Thursday.

[Read more…] about Norway braces for Oil and Gas slowdown as investment falls

Filed Under: International projects, Oil and Gas, Production Tagged With: decline, norway, Oil and Gas, production, Slowdown

Chevron brings on stream 20,000 bpd Angola project

Tuesday, January 6 2026

Fossil Energy – On Stream

Chevron has brought on stream its N’dola Sul project offshore Angola.

[Read more…] about Chevron brings on stream 20,000 bpd Angola project

Filed Under: Angola, Chevron, International projects, Oil and Gas, oil production Tagged With: angola, chevron, production

Petrobras announced first oil from P-78 FPSO

Sunday, January 4 2026

Fossil Energy – Production

On December 31, 2025, Petrobras marked a significant milestone with the start of oil production from the P-78 floating production unit (FPSO) in the Búzios field, located in the pre-salt layer of the Santos Basin.

[Read more…] about Petrobras announced first oil from P-78 FPSO

Filed Under: Brazil, Buzios, FPSO, International News, Oil and Gas, oil production, Petrobras Tagged With: Brazil, Buzios Field, FPSO, oil production, Petrobras

Key facts about Guyana’s newest operator Cybele Energy 

Monday, December 29 2025

Fossil Energy – Guyana

Cybele Energy, a Ghana-based, female-owned oil and gas company, is the latest independent entrant into Guyana’s burgeoning offshore energy sector.

[Read more…] about Key facts about Guyana’s newest operator Cybele Energy 

Filed Under: Ghana, Ghana Cybele Energy, International News, Oil and Gas Tagged With: Ghana Cybele Energy, Oil and Gas

INEOS Energy announces new Norphlet oil discovery

Wednesday, December 24 2025

Fossil Energy – Oil Discovery

INEOS Energy has announced a new oil Norphlet discovery in the Gulf of Mexico.

[Read more…] about INEOS Energy announces new Norphlet oil discovery

Filed Under: Drilling, drillship, exploratory drilling, Ineos, International News, Norphlet, Oil and Gas, Oil discovery Tagged With: drilling, exploration, Ineos Energy, Norphlet, Oil Discovery

Ghana moves to acquire major offshore oil & gas block

Tuesday, December 9 2025

Fossil Energy – Ghana

Leading news provider Business Insider Africa reports that the Government of Ghana is preparing to acquire a highly valuable offshore exploration block containing substantial oil and gas reserves.

[Read more…] about Ghana moves to acquire major offshore oil & gas block

Filed Under: Acquisition, exploitation rights, Exploration, Ghana, International projects, Oil and Gas Tagged With: acquisition, block, exploration, ghana, Oil and Gas

Equinor and Shell complete formation of Adura

Monday, December 1 2025

Fossil Energy – New Company

Equinor and Shell have completed a deal to combine their UK offshore oil and gas operations to form a new company.

[Read more…] about Equinor and Shell complete formation of Adura

Filed Under: Adura, Equinor, International News, Oil and Gas, Shell Tagged With: Adura, Equinor, Oil and Gas, Shell, UK

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