Shell and bp
Venezuela has announced that it has awarded Shell and bp a Non-Associated Gas Licence for development of the offshore Loran gas field.
[Read more…] about Non-Associated Gas Licence for Loran gas fieldNorway presses EU to lift Arctic drilling moratorium
Drilling
(Bloomberg) – Norway is putting pressure on the European Union to remove the moratorium on new oil and gas drilling in the Arctic, where almost two-thirds of its petroleum resources are located.
[Read more…] about Norway presses EU to lift Arctic drilling moratoriumINEOS/Shell explore oil and gas opportunities in Gulf of Mexico
Fossil Energy – Collaboration
INEOS Energy and Shell Offshore have agreed to invest together in exploration and development opportunities.
[Read more…] about INEOS/Shell explore oil and gas opportunities in Gulf of MexicoNOK 17 billion for continued drilling on Norwegian continental shelf
Fossil Energy – Norway
Equinor is extending key supplier agreements for drilling and well services with a combined value of around NOK 17 billion.
[Read more…] about NOK 17 billion for continued drilling on Norwegian continental shelfNamibia turns to Norway for oil and gas support
General – Support
Namibia’s President Netumbo Nandi-Ndaitwah has requested technical support from Norway’s government in developing the country’s oil and gas sectors.
[Read more…] about Namibia turns to Norway for oil and gas supportShell made its biggest upstream investment in years
Fossil Energy – Investment
Shell has agreed to acquire Canadian energy company ARC Resources in a $16.4 billion deal, which will be primarily funded through shares.
[Read more…] about Shell made its biggest upstream investment in yearsLibya signs offshore oil exploration deal with Chevron
Fossil Energy – Technical Study
National Oil Corporation has signed an agreement with Chevron to conduct a technical study for offshore oil exploration in Libya, in a move aimed at attracting more investment into the country’s energy sector.
[Read more…] about Libya signs offshore oil exploration deal with ChevronCanada, Nova Scotia launch offshore licensing round
Fossil Energy – Licensing Round
Canada and Nova Scotia are advancing a coordinated push to expand offshore oil and gas development, launching a new licensing round and signaling a sustained reopening of the province’s offshore basin to exploration investment.
[Read more…] about Canada, Nova Scotia launch offshore licensing roundUSA and TotalEnergies agree to end Offshore Wind Projects
General – Politics
The USA announced an agreement with TotalEnergies for the company to redirect capital from expensive, unreliable offshore wind leases toward affordable, reliable natural gas projects that will provide secure energy for hardworking Americans.
[Read more…] about USA and TotalEnergies agree to end Offshore Wind ProjectsIndonesia awards nine oil and gas blocks
Fossil Energy – Indonesia
Indonesia has awarded nine oil and gas exploration blocks to a mix of domestic and international companies, securing investment commitments of nearly $85 million, the country’s Energy Ministry announced on Wednesday.
[Read more…] about Indonesia awards nine oil and gas blocks