GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
Perenco UK announced the expansion of its Southern North Sea portfolio with the acquisition of a 50% operated interest in the Blythe and Elgood fields from CalEnergy, part of the former IOG Saturn Banks portfolio.
[Read more…] about Expansion Perenco Southern North Sea portfolioRecently, Petrovietnam Deputy CEO Lê Xuân Huyên hosted a working session with a delegation from Chevron at Petrovietnam Headquarters in Hanoi.
[Read more…] about Strategic partnership Chevron and PetrovietnamOn Wednesday, November 5, 2025, Staatsolie Maatschappij Suriname signed Production Sharing Contracts (PSCs) for offshore Blocks 9 and 10.
[Read more…] about Staatsolie signs contracts for Block 9 & Block 10Offshore drilling contractor Valaris has secured a series of new contracts and extensions worth about $190 million in the North Sea and Middle East regions, lifting its total contract backlog to $4.5 billion.
[Read more…] about Valaris scores $190M new offshore drilling and wind contractsEquinor has abandoned plans to connect several of its offshore oil and gas platforms to Norway’s onshore power grid, citing rising costs that have rendered the projects unprofitable.
[Read more…] about Equinor drops offshore electrification plansExxonMobil and Iraq have signed an agreement for the US supermajor to re-enter the Middle East country, although neither side released many details about what the plan will entail.
[Read more…] about ExxonMobil re-enters Iraq with new exploration agreementRhino Resources, in partnership with Azule Energy, NAMCOR NAMIBIA, and Korres Investments, has announced a rich gas-condensate discovery (~40° API) with the Volans-1X well in PEL 85.
[Read more…] about Rich gas condensate discovery NamibiaAfter leaving the Benoi shipyard in Singapore on July 13th, the FPSO P-78 arrived Tuesday, September 30th, at the Búzios Field in the pre-salt layer of the Santos Basin.
[Read more…] about FPSO P-78 arrives at Búzios field offshore BrazilShell UK has started production from the Victory gas field in the UK North Sea, approximately 47 km north-west of the Shetland Islands.
[Read more…] about Shell starts up Victory gas field in UK North SeaTechnipFMC has been awarded a contract by ExxonMobil Guyana to supply subsea production systems for the Hammerhead development in Guyana’s Stabroek Block.
[Read more…] about TechnipFMC supplies subsea system for Hammerhead project
