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Offshore oil and gas news, LNG, shale, exploration, operations and production
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News
Senegal Opens 109 Oil and Gas Blocks to Investors
4+ day, 6+ hour ago (105+ words) Published Sep 10, 2026 7:43 am ET Senegal plans to offer 109 oil and gas blocks at a roadshow to local and foreign investors, the West African country's energy minister, El Hadji Abdourahmane Diouf, said. Senegal has 113 oil and gas blocks, Diouf said, adding…...
ExxonMobil Makes New Oil Discovery in Angola’s Offshore Block 15
5+ day, 6+ hour ago (266+ words) Published Sep 9, 2026 7:11 am ET ExxonMobil has made a new hydrocarbon discovery at the Vicango East-01 exploration well in Angola’s offshore Block 15, marking the third discovery in the prolific block in the past four years. The well encountered about 25 metres (82 feet)…...
Brazil's 2027 Pre-Salt Oil Auction Could Bring in $4.4B
1+ week, 8+ hour ago (329+ words) Published Sep 7, 2026 5:23 am ET Brazil's government expects to raise 22.4 billion reais ($4.4 billion) from an extraordinary pre-salt oil auction in 2027, according to an annex to the budget bill submitted to Congress, a revenue source that will be crucial to achieving its…...
Valeura Accelerates Wassana Redevelopment
1+ week, 5+ day ago (269+ words) Published Sep 1, 2026 6:50 pm ET Valeura Energy has announced that it intends to accelerate its Wassana field redevelopment project on block G10/48 (100% operated interest) in the offshore Gulf of Thailand. “As Valeura’s first organic greenfield development in Thailand, and the largest capital…...
Eni Expands Presence in Uruguay
2+ week, 12+ hour ago (164+ words) Offshore Engineer Magazine Eni Expands Presence in Uruguay Eni has, together with MIWEN (a wholly owned subsidiary of YPF) and the Uruguayan National Oil Company ANCAP, signed an official agreement for the entry in the OFF-5 exploration block offshore Uruguay,…...
China's CNOOC Posts Record First-Half Profit
2+ week, 5+ day ago (345+ words) Published Aug 26, 2026 7:51 am ET Chinese offshore oil and gas major CNOOC posted a record first-half net profit on Wednesday, as higher oil prices driven by the Iran war and rising production boosted earnings. Net profit attributable to shareholders rose 23.4% to…...
Shell Puts Aphrodite Gas Project off Trinidad On Hold
2+ week, 6+ day ago (368+ words) Published Aug 25, 2026 3:19 am ET British oil major has shelved its Aphrodite offshore gas project in Trinidad and Tobago after disagreements over commercial terms with Trinidad's National Gas Company, three people familiar with the decision said on Monday. Shell had given…...
Petrobras Enters Talks for Four Offshore Blocks in Ghana
3+ week, 9+ hour ago (126+ words) Published Aug 24, 2026 4:20 am ET Petrobras has entered direct negotiations for exploration contracts covering four offshore blocks in Ghana's Keta Basin after the country's Ministry of Energy and Green Transition approved the company's application. Petrobras said it had submitted an expression…...
Alexandre de Gusmão FPSO Reaches Peak Production
3+ week, 3+ day ago (206+ words) Published Aug 20, 2026 8:55 pm ET The Alexandre de Gusmão FPSO, the fifth installed in the Mero field in the pre-salt layer of the Santos Basin, has reached peak production at 180,000 barrels of oil per day (bpd). Mero is the third largest…...
Everllence’s 175D Engines to Power Four Offshore Tugs Destined for Guyana
3+ week, 3+ day ago (264+ words) Offshore Engineer Magazine Everllence’s 175D Engines to Power Four Offshore Tugs Destined for Guyana Everllence has signed a contract with a Turkish shipyard within the high-speed segment. The contract comprises 16 × 175D gensets bound for 4 × Rampage 6000‑DE offshore terminal tugs designed by Robert…...