Oil exploration

Oil Exploration

All-Systems-Go for Equinor to Deploy Shelf Drilling Rig at North Sea Oil & Gas Field

Norwegian state-owned energy giant Equinor has received consent from the country’s offshore safety regulator to use one of Shelf Drilling’s jack-up …

Oil Exploration

Totalenergies to Invest $1 Billion in Oil Development Offshore Brazil

(WO) — TotalEnergies has approved the final investment decision of the Lapa South-West oil development in the Santos Basin, 300 km off the coast of Brazil.offs…

Oil Exploration

2014-Built Multi-Purpose Support Vessel Getting Battery Hybrid System

DeepOcean has activated the option to request the installation of a battery hybrid system on board the multi-purpose support vessel (MPSV) Stril Server.DeepOcea…

World Energy Outlook

South America to Stay ‘Key Region for High-Impact Exploration’, Westwood Says in 2023 Outlook

High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy mar…

Oil Exploration

China, Philippines to Negotiate Oil and Gas Exploration Talks in South China Sea

The presidents of China and the Philippines agreed to resume talks on oil and gas exploration in the South China Sea. They will also discuss maritime difference…

Oil Exploration

First Oil Flows Into Jack-up Rig After It Gets New Lease on Life as Mopu

India’s government-owned company Oil & Natural Gas Corporation (ONGC) has welcomed the first oil flowing into a jack-up rig, which was recently converted …

Oil&Gas Drilling

Somalia Rejects Genel Energy’s “Illegal Claim” to Oil Permits

NAIROBI, Dec 28 (Reuters) - Somalia rejected on Wednesday what it called an "illegal claim" by Genel Energy (GENL.L) to oil exploration and exploitation rights …

Oil&Gas Drilling

Chinese Company Awarded Exploration Rights to Five Hydrocarbon Blocks in Mozambique

Sixth block awarded to Italy’s ENI; first period of exploration expected to allow investments of around US$370 million, and opening of four wells in deep …

Oil Exploration

Oil Explorer Inpex to Merge Tokyo Trading Unit Into Singapore Desk

TOKYO, Dec 26 (Reuters) - Japanese oil and gas explorer Inpex Corp (1605.T) plans to absorb its separate Tokyo trading business into the company in April 2024, …

Oil & Gas Trade

Ip Signs Deal to Buy Exxonmobil’s Fuel and Refining Assets in Italy

The Italian private petroleum company Italiana Petroli (IP) has signed an agreement to purchase fuel and refining assets owned in Italy by Esso Italiana, a subs…

Oil Exploration

QatarEnergy, TotalEnergies And Petronas Win Offshore Exploration Block In Brazil

A consortium of three oil and gas giants – Qatar’s QatarEnergy, France’s TotalEnergies, and Malaysia’s Petronas – have been awarde…

Offshore Wind Power

New Zealand Gov’t Plans to Have Offshore Renewables Regulations In Place by 2024, Temporarily Halts Granting Oil Exploration Permits

Ensuring we have the right settings in place to encourage development of offshore renewable infrastructure will enable us to deliver net zero emissions by 2050.…

Crude Oil

TC Energy Restarts Segment Of Keystone Pipeline Unaffected By Oil Spill

Emergency crews work to clean up the largest U.S. crude oil spill in nearly a decade, following the leak at the Keystone pipeline operated by TC Energy in rural…

Crude Oil

Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill?

Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill? By Nia Williams and Arathy Somasekhar

Crude Oil

Colombia Reportedly Reconsidering Its Idea to Halt on New Oil and Gas Projects

Colombia could reconsider a campaign pledge from its newly-elected leftist President Gustavo Petro to stop new oil and gas exploration licensing in the country,…