Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Transocean Equinox spuds first well for Amplitude

Fossil Energy – Drilling

Amplitude Energy has announced that drilling has started on the first East Coast Supply Project (ECSP) well offshore Australia, with the Transocean Equinox rig spudding the Elanora-1 on 25 January 2026.

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Chevron signs MoU with Libya’s NOC

Fossil Energy – MoU

Chevron has signed a memorandum of understanding (MoU) with Libya’s National Oil Corporation (NOC) to evaluate potential oil and gas exploration and development opportunities, supporting the country’s efforts to boost hydrocarbon production.

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TotalEnergies, Mitsui, Nordsøfonden get CO2 storage permit from DEA

General – CO2 Storage

The Danish Energy Agency has issued a permit for exploration and potential storage of CO2 in the North Sea off Denmark to consortium comprising TotalEnergies, Mitsui and state-owned Nordsøfonden.

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Bulgaria to take 10 per cent stake in Black Sea exploration block

General – Bulgaria

Bulgaria’s state-owned energy group Bulgarian Energy Holding will acquire a 10 per cent stake in oil and gas exploration rights for the Han Asparuh block in the Black Sea.

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Turkey expands offshore push as TPAO signs MoU with ExxonMobil

Fossil Energy – Turkey

Turkish Petroleum (TPAO) and Exxonmobil signed a Memorandum of Understanding covering new exploration areas in the Black Sea and the Mediterranean and other potential areas, Energy Minister Alparslan Bayraktar said on Thursday to Reuters.

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Eni makes gas discovery offshore Indonesia

Fossil Energy – Indonesia

Eni has made a gas discovery in the Konta-1 exploration well, drilled in the Muara Bakau Production Sharing Contract (PSC) in the Kutei Basin, offshore Indonesia.

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Ghana moves to acquire major offshore oil & gas block

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.

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Shell expands in Angola with $1 billion offshore exploration investment

Fossil Energy – Angola

Shell will invest approximately $1 billion in new oil blocks in Angola as the southern African nation seeks to boost production that has dwindled over the years.

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