Fossil Energy – Caspian Sea
West Azeri platform, located in the Caspian Sea at Azeri-Chirag-Gunashli (ACG) oil field, has achieved 1 billion barrels total production.
[Read more…] about ACG celebrates West Azeri’s 1 billion barrels achievementQatarEnergy announces five-year crude supply agreement with Shell
Fossil Energy – Supply Agreement
QatarEnergy has announced a five-year crude oil supply agreement with Shell International Eastern Trading Company, Singapore (Shell), according to the company’s release.
[Read more…] about QatarEnergy announces five-year crude supply agreement with ShellPetrobras acquires stakes in 3 exploration blocks in Africa
Fossil Energy – Africa
Brazilian state-run oil company Petrobras said on Wednesday its board had approved the acquisition of stakes in three oil exploration blocks operated by Shell in Sao Tome and Principe, marking its return to oil exploration in Africa.
[Read more…] about Petrobras acquires stakes in 3 exploration blocks in AfricaEquinor sells its interests in Azerbaijan
Fossil Energy – Azerbaijan
Equinor and SOCAR (State Oil Company of Azerbaijan Republic) have signed an agreement whereby Equinor will divest all its remaining assets in Azerbaijan to SOCAR.
[Read more…] about Equinor sells its interests in AzerbaijanMalaysia records 1 billion barrels of oil discoveries in 2023
Fossil Energy -Malaysia
PETRONAS and its Petroleum Arrangement Contractors recorded 19 exploration discoveries and two exploration-appraisal successes, contributing over 1 billion barrels of oil equivalent (bboe) of new resources for Malaysia in 2023.
[Read more…] about Malaysia records 1 billion barrels of oil discoveries in 2023Neptune Energy: Kyrre discovery & confirmed Ofelia volumes in Gjøa area
Fossil Energy – New Discovery
Neptune Energy and its partners today announced a new discovery at the Kyrre prospect and confirmed the volumes for the Ofelia appraisal well.
[Read more…] about Neptune Energy: Kyrre discovery & confirmed Ofelia volumes in Gjøa areaOrcadian Energy names Ping Petroleum UK as operator for asset licence
Fossil Energy – Pilot Development
Orcadian Energy PLC executed a conditional sale & purchase agreement with Ping Petroleum UK PLC for Orcadian’s flagship asset, the Pilot Development project.
[Read more…] about Orcadian Energy names Ping Petroleum UK as operator for asset licenceThe gas bank in the Barents Sea
Fossil Energy – Barents Sea and Norway
Analyses show that the Barents Sea contains significant resources, probably more gas than oil.
[Read more…] about The gas bank in the Barents SeaChariot signs partnership agreement with Energean
Fossil Energy – Partnership
Chariot Transitional Energy from UK has signed Partnership Agreements with Energean, on the Lixus licence, where the Anchois gas development project is located, and the Rissana licence, both offshore Morocco.
[Read more…] about Chariot signs partnership agreement with EnergeanTrelleborg sells Offshore Oil & Gas Operation in US
General – O&G Operations
The Swedish-headquartered Trelleborg Group announced it has sold its U.S. offshore oil and gas operations to an undisclosed buyer.
[Read more…] about Trelleborg sells Offshore Oil & Gas Operation in US