Block

Oil Exploration

Namibia: TotalEnergies Makes Significant Discovery In Offshore Block 2913B

TotalEnergies said Thursday it has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Bas…

Crude Oil

After Shell, TotalEnergies Also Strikes Oil in Namibia Well with ‘Very Promising Results’

Following Shell’s recent oil discovery in Namibia, French oil major TotalEnergies has also made a significant discovery of light oil with associated gas on the…

Crude Oil

Sinochem Completes China’s First Blockchain Warehouse Receipt Pledge for Crude Oil

Sinochem, China’s fourth-largest state-controlled oil company, has carried out the country’s first digital warehouse receipt pledge for crude oil, using 66 Cl…

Energy Investment

Bill Gates’ VC Investment Firm Leads US$50m Injection into Thermal Energy Storage Startup

Thermal storage startup Antora Energy has raised US$50 million from a group of investment firms including Bill Gates’ Breakthrough Energy Ventures to accelerat…

Indonesia

Kuwait's Kufpec Discovers Gas, Condensate in Indonesia

Kufpec, the foreign upstream arm of Kuwait's state-owned KPC, today announced a gas and condensate discovery in the Anambas block in the Natuna Sea north of Ind…

Oil Field

TotalEnergies and Inpex Sell Shares in Mature Angolan Fields

French energy major TotalEnergies and Japanese player Inpex have agreed to sell a company holding two blocks located offshore Angola to an Angolan company as pa…

Oil Field

ExxonMobil Announces Two New Oil Discoveries In Guyana

ExxonMobil has made two more discoveries in the Stabroek block offshore Guyana, which add to the previously announced 10 billion oil-equivalent barrels recovera…

Crude Oil

Eni Oil Block Expected to Enter Production in Q2 2023, Ivory Coast Says

An offshore oil block in Ivory Coast controlled by Eni is expected to enter production in the second quarter of 2023 with daily output of 12,000 barrels of oil …

Oil Exploration

QatarEnergy Enters Egypt Through Agreement with Shell

QatarEnergy has entered into agreements with Shell to acquire working interests in two offshore exploration blocks in the Egyptian side of the Red Sea.

Crude Oil

Production Starts at Angola’s Clov 2 Oil Project

Crude production has started at the Clov 2 project in block 17 offshore Angola, the second new deepwater development to come on stream in the west African count…

Oil Field

BP Brings Field Offshore Angola on Stream

Oil major BP has started production at the Platina field in Block 18, which is located in the Angolan offshore, approximately 140 kilometres northeast of Luanda…

Offshore Wind Power

Biden Admin Approves Nation’s Second Offshore Wind Power Project

The Block Island Wind Farm is pictured off the coast of Rhode Island in 2016.

Oil&Gas Drilling

Lukoil Strikes Oil in Waters off Mexico

Russian oil and gas company Lukoil has made an oil discovery within the Yoti West structure at Block 12 located offshore Mexico.

Oil Field

Ecuador Clears Repsol to Sell Oil Blocks to New Stratus

Ecuador's government authorized Spain's Repsol to sell its 35pc operating stakes in two heavy oil blocks to Canadian independent New Stratus Energy.

Oil&Gas Drilling

Bambo-1 Well Drilling Commences Offshore The Gambia

FAR Gambia, a wholly-owned subsidiary of FAR Ltd has commenced drilling on the Bambo-1 exploration well in Block A2, offshore The Gambia.