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Chevron expands Namibia portfolio with Walvis Basin stake

Sunday, October 5 2025

Fossil Energy – Namibia

Chevron has deepened its commitment to Namibia’s fast-emerging offshore sector, taking an 80% stake and operatorship of Petroleum Exploration Licence (PEL) 82 in the Walvis Basin – a vast 11,400 km² block located between 72 and 300 km off the Namibian coast.

[Read more…] about Chevron expands Namibia portfolio with Walvis Basin stake

Filed Under: Chevron, Drilling, International News, NAMCOR, Namibia, operatorship, Walvis Basin Tagged With: appraisal, chevron, drilling, exploration, NAMCOR, Namibia, Oil and Gas, operatorship, seismic survey, Walvis Basin

Rich gas condensate discovery Namibia

Thursday, October 2 2025

Fossil Energy – Discovery

Rhino 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 Namibia

Filed Under: Discovery, Drilling, drilling rig, Gas discovery, International News, Namibia, Oil and Gas Tagged With: discovery, drilling, Namibia, Oil and Gas

Shell starts up Victory gas field in UK North Sea

Tuesday, September 30 2025

Fossil Energy – Production

Shell 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 Sea

Filed Under: International News, North Sea, Oil and Gas, Production, Shell, Victory Tagged With: Oil and Gas, production, Shell, Victory

Execution Hammerhead offshore project

Saturday, September 27 2025

Fossil Energy – Guyana

Saipem has received by ExxonMobil Guyana the authorization to proceed with the execution of the activities provided for the engineering, procurement, construction and installation (EPCI) offshore contract for the development project of the Hammerhead oil field.

[Read more…] about Execution Hammerhead offshore project

Filed Under: Engineering, EPCI, ExxonMobil, Guyana, Hammerhead, International projects, Saipem, SURF Tagged With: engineering, EPCI, ExxonMobil, Guyana, Hammerhead, Oil and Gas, saipem, SURF

Equinor submits new Rosebank emissions statement

Saturday, September 27 2025

Fossil Energy – Rosebank Oilfield

Equinor has submitted an updated emissions assessment for its Rosebank oilfield in the UK North Sea after a Scottish court rejected development consent for the project on emissions grounds in January.

[Read more…] about Equinor submits new Rosebank emissions statement

Filed Under: emissions statement, Equinor, International projects, Oil and Gas, Rosebank Tagged With: emissions statement, Equinor, Oil and Gas, Rosebank

Fugro withdraws financial guidance for 2025

Wednesday, September 24 2025

General – Finance

Fugro, based in the Netherlands, has announced it will cut 300 jobs and withdraw its financial guidance for 2025.

[Read more…] about Fugro withdraws financial guidance for 2025

Filed Under: Finance, Fugro, International projects, Jobs, offshore wind, Oil and Gas, withdrawal Tagged With: Finance, fugro, jobs, Oil and Gas, wind market, withdrawal

Saipem awarded contract for Sakarya gas field development

Wednesday, September 10 2025

Fossil Energy – Turkey

Saipem has been awarded a new offshore contract by Turkish Petroleum OTC for the third phase of the Sakarya gas field development project in Turkey.

[Read more…] about Saipem awarded contract for Sakarya gas field development

Filed Under: Development, Export line, Gas development, Gas Export, International News, Oil and Gas, Saipem, Sakarya Gas Field Tagged With: Development, Gas Export Pipeline, Oil and Gas, saipem, Sakarya Field

Vietsovpetro welcomes first oil flow from KNT-KNTN

Thursday, August 21 2025

Fossil Energy – Vietnam

On the morning of August 18, in Ho Chi Minh City, Deputy Prime Minister Bui Thanh Son attended the ceremony to attach the project’s signboard and welcome the first oil flow from Kinh Ngu Trang – Kinh Ngu Trang Nam (KNT-KNTN) field, Block 09-2/09 of the Vietnam – Russia Joint Venture Vietsovpetro.

[Read more…] about Vietsovpetro welcomes first oil flow from KNT-KNTN

Filed Under: International projects, Oil and Gas, Vietnam, Vietsovpetro Tagged With: Oil and Gas, production, Vietnam, Vietsovpetro

TotalEnergies targets 150 million barrel prospect

Monday, August 18 2025

Fossil Energy – Nigeria

TotalEnergies is gearing up to drill a deep water exploration well in Nigeria.

[Read more…] about TotalEnergies targets 150 million barrel prospect

Filed Under: deepwater project, International projects, Nigeria, TotalEnergies Tagged With: deep water, nigeria, Oil and Gas, TotalEnergies

ExxonMobil begins $200M Kipper 1B drilling offshore Australia

Thursday, August 14 2025

Fossil Energy – Kipper 1B

Esso Australia, ExxonMobil’s local subsidiary, has begun drilling the $200 million Kipper 1B project in the Gippsland Basin, aimed at boosting domestic gas supply.

[Read more…] about ExxonMobil begins $200M Kipper 1B drilling offshore Australia

Filed Under: Australia, Drilling, drilling rig, ExxonMobil, International projects, Jack up, Kipper 1B, Oil and Gas Tagged With: australia, drilling, ExxonMobil, Kipper 1B, Oil and Gas

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