This deal enables Petrobras to reconcile historical costs and production revenues for two deepwater assets in the Santos Basin offshore Brazil.
Equinor, Petoro, and TotalEnergies have found up to 50 million barrels in the North Sea and are eyeing first production in under three years.
Kistos is expanding its North Sea footprint through a multimillion-dollar acquisition with Vår Energi, boosting its hydrocarbon portfolio.
The trio has teamed up on a conceptual hybrid-electric tech 200,000-cubic-meter (cbm) LNG carrier to cut emissions without sacrificing cargo space.
Equinor has secured a multi-year deal to supply Eneco with roughly 0.9 billion cubic meters of Norwegian natural gas annually.
The path from discovery to first oil is moving at a fast pace for BW Energy, which is laying the groundwork for its expansion offshore Gabon.
Murphy Oil has paired exploration and appraisal successes with new projects being put into production mode.
A 24-year-old jack-up will undergo a rig-to-MOPU conversion before it embarks on its upcoming job at a gas development in Southeast Asia.
Seadrill has secured a sweeping slate of rig deals and extensions, pushing its contracted 2027 drillship capacity past the 85% mark.
Eni’s divestment move follows multi-trillion-cubic-feet gas discoveries, giving two regional firms direct stakes in fast-tracked gas developments.
