Oil & Gas

  • Guyana in Focus: ExxonMobil Finds More Oil; FPSO...

    U.S. oil major ExxonMobil has made another oil discovery at the prolific Stabroek offshore block in Guyana. This adds to around nine billion barrels of oil equivalent discovered over the past few years and paves way for future development.

     

  • TotalEnergies, Technip Energies Team Up to...

    TotalEnergies, a France-based oil major with green energy aspirations, is partnering up with energy services giant Technip Energies to develop low-carbon solutions for LNG production and offshore facilities.

     

  • Guyana Relaunches Search for Company to Market...

    Guyana is re-launching a search for a company to market the government's share of crude oil produced off the South American country's coast to make the tender process "simpler and more competitive," the natural resources minister said on Monday.

     

  • Petrobras Sells Papa-Terra Field to 3R Offshore

    Brazilian national oil company Petrobras has struck a deal with 3R Offshore to sell it its interests in the producing Papa-Terra, located in the Campos Basin, offshore Brazil, for up to $105.6 million in total.

     

  • Australia: WesternGas to Drill Sasanof-1 Well...

    Australian oil and gas company Western Gas, the operator of the offshore Exploration Permit WA-519-P, said Friday it would drill the Sasanof-1 exploration well offshore Western Australia in Q1 2022, using a Valaris semi-submersible drilling rig.

     

  • Enauta's Atlanta field output hit by pumping...

    Brazilian oil firm Enauta said Monday that production from its Atlanta field offshore Brazil was affected by a failure in the pumping system at two wells. The Atlanta Field is currently producing oil through one well only. 

     

  • Petro+ to Buy Petrobras' Alagoas Cluster...

    Brazilian oil firm Petrobras has struck a deal with compatriot company Petro+ to sell it its stake in a set of seven onshore and shallow water concessions denominated Alagoas Cluster, located in the state of Alagoas, Brazil for $300 million.

     

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