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Oil discovery in the Barents Sea

Thursday, February 27 2025

Fossil Energy – Discovery

Vår Energi has discovered oil in the Zagato prospect, directly north of the Goliat field.

[Read more…] about Oil discovery in the Barents Sea

Filed Under: Barents Sea, Drilling, Goliat Field, International News, Oil and Gas, Oil discovery, Vår Energi Tagged With: barents sea, Goliat Field, Oil Discovery, Var Energi

Guyana to soon sign oil agreement with TotalEnergies-led group

Wednesday, February 26 2025

Fossil Energy – Guyana

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.

[Read more…] about Guyana to soon sign oil agreement with TotalEnergies-led group

Filed Under: Guyana, International projects, Oil and Gas, sharing agreement, TotalEnergies Tagged With: Guyana, oilandgas, sharing agreement, TotalEnergies

Shell to drill in Campos ultra-deep waters

Wednesday, February 26 2025

Fossil Energy – Drilling

Shell returns to the ultra-deep waters of the Campos Basin to drill another wildcat.

[Read more…] about Shell to drill in Campos ultra-deep waters

Filed Under: Brazil, Campos Basin, Drilling, drilling rig, International projects, Oil and Gas, Shell Tagged With: Brazil, Campos Basin, drilling, drilling rig, Oil and Gas, Shell

BP to ditch renewables goals and return focus to fossil fuels

Wednesday, February 26 2025

Fossil Energy – bp

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.

[Read more…] about BP to ditch renewables goals and return focus to fossil fuels

Filed Under: BP, International projects, Oil and Gas Tagged With: BP, Oil and Gas, strategic shift

Minor increase in oil and gas resources on NCS

Thursday, February 20 2025

Fossil Energy – Norway

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.

[Read more…] about Minor increase in oil and gas resources on NCS

Filed Under: International projects, NCS, Norway, Oil and Gas, Production Tagged With: NCS, norway, Oil and Gas, production, Resources

Start production Raven Second Development Phase, offshore Egypt

Thursday, February 20 2025

Fossil Energy – Raven

bp has started production from the second development phase of the Raven field, offshore Egypt.

[Read more…] about Start production Raven Second Development Phase, offshore Egypt

Filed Under: BP, Egypt, International projects, Oil and Gas, Production, Raven project Tagged With: BP, egypt, production, Raven

Exxon to produce up to 180,000 bpd of oil at Guyana project

Wednesday, February 19 2025

Fossil Energy – Guyana

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.

[Read more…] about Exxon to produce up to 180,000 bpd of oil at Guyana project

Filed Under: ExxonMobil, Guyana, International projects, Oil and Gas, Production Tagged With: Exxon, Guyana, Oil and Gas, production

Trump creates council for ‘energy dominance’

Wednesday, February 19 2025

Fossil Energy – USA

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.

[Read more…] about Trump creates council for ‘energy dominance’

Filed Under: Energy Dominance, executive order, International projects, Oil and Gas, Trump, USA Tagged With: Energy Dominance, Executive Order, Oil and Gas, Trump, USA

Equatorial Guinea plans licensing round in 2025

Wednesday, February 12 2025

Fossil Energy – Equatorial Guinea

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.

[Read more…] about Equatorial Guinea plans licensing round in 2025

Filed Under: Equatorial Guinea, Exploration, International projects, Licenses, Oil and Gas, Production Tagged With: Equatorial Guinea, exploration, licensing round, Oil and Gas, production

Sail away of Marjan GOSP-4 production platform

Wednesday, February 12 2025

Fossil Energy – Four-level Structure

On February 10, 2025, the final platform of the Marjan GOSP-4 complex sailed away from McDermott’s Batam yard after completing fabrication.

[Read more…] about Sail away of Marjan GOSP-4 production platform

Filed Under: International News, McDermott, Oil and Gas, proces platform, Saudi Arabia Tagged With: Batam, Marjan GOSP 4, mcdermott, process platform, Saudi Arabia

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