Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

  • HOME
  • ADVERTISE WITH US
  • MUST READ ARTICLES
  • CONTACT

MOL Group signed production sharing agreement in Libya

Tuesday, June 16 2026

Mediterranean Sea

MOL Group has signed a production sharing agreement for an offshore exploration area in the Mediterranean Sea, after being granted an exploration licence.

[Read more…] about MOL Group signed production sharing agreement in Libya

Filed Under: Exploration, International projects, Libya, Licenses, MOL, production sharing contract Tagged With: exploration license, Libya, MOL Group, O7 block, production sharing agreement

EnQuest to buy Malaysia offshore interests

Sunday, June 14 2026

Acquisition

EnQuest has agreed to acquire interests in four offshore production sharing contracts (PSCs) in Malaysia for up to $833 million.

[Read more…] about EnQuest to buy Malaysia offshore interests

Filed Under: Acquisition, EnQuest, International projects, Malaysia, production sharing contract Tagged With: acquisition, EnQuest, malaysia, Production Sharing Contract

Staatsolie signs contracts for Block 9 & Block 10

Thursday, November 6 2025

Fossil Energy – Suriname

On 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 10

Filed Under: Chevron, International News, Oil and Gas, Petronas, production sharing contract, Staatsolie, Suriname Tagged With: chevron, petronas, Production Sharing Contracts, Staatsolie, Suriname

TotalEnergies secures four offshore exploration blocks in Liberia

Thursday, September 18 2025

Fossil Energy – Exploration

TotalEnergies has signed four production sharing contracts (PSC) with the Liberia Petroleum Regulatory Agency for the LB-6, LB-11, LB-17 and LB-29 offshore exploration blocks, which were awarded under the 2024 Direct Negotiation Licensing Round. 

[Read more…] about TotalEnergies secures four offshore exploration blocks in Liberia

Filed Under: Exploration, International News, Liberia, production sharing contract, TotalEnergies Tagged With: exploration block, Liberia, Production Sharing Contract, TotalEnergies

Exxon controls deep water asset larger than surface area of TT

Thursday, August 14 2025

Fossil Energy – Trinidad and Tobago

Trinidad and Tobago’s Minister of Energy and Energy Industries, Roodal Moonilal, recently announced the signing of a historic Production Sharing Contract (PSC) with ExxonMobil for an offshore deepwater block larger than the nation’s landmass.

[Read more…] about Exxon controls deep water asset larger than surface area of TT

Filed Under: deepwater project, ExxonMobil, International News, production sharing contract, Tobago, Trinidad Tagged With: deep water assets, Exxon, Oil and Gas, Production Sharing Contract, Tobago, Trinidad

ExxonMobil extends Angola’s Block 17 PSC

Wednesday, July 16 2025

Fossil Energy – Production Sharing

ExxonMobil, in partnership with operator TotalEnergies, Equinor, Azule Energy and Sonangol, has signed a production-sharing contract (PSC) extension for Block 17, one of Angola’s most prolific offshore oil blocks.

[Read more…] about ExxonMobil extends Angola’s Block 17 PSC

Filed Under: Angola, ExxonMobil, International projects, production sharing contract Tagged With: angola, ExxonMobil, Production Sharing Contract

All rights reserved - 2026 cookies