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Petrobras Finds Gas in Colombian Caribbean, Sets Eyes on Namibia’s Potential
September 12, 2024
Brazil’s oil giant has reported the discovery of a significant gas resource from a well drilled off shore Colombia in the Caribbean. The Uchuva 2 well is some 32 kilometers from the coast at a depth of 804 meters. This
Vista Energy to Invest More than $1 Billion into Growing Argentina Shale
September 10, 2024
In a push to unlock more of the oil riches buried in a massive shale deposit in Argentina, Vista Energy will invest about $1.1 billion this year as it also aims to cut costs there by double digits, the firm’s
New Fortress Energy’s Fast LNG Asset Receives DOE Authorization for LNG Export to Non-FTA Countries
September 6, 2024
New Fortress Energy has received authorization from the United States Department of Energy (DOE) to export up to ~1.4 million tonnes per annum of LNG to non-Free Trade Agreement countries from its Fast LNG 1 (FLNG 1) asset located offshore
Stanmore Resources to Build Gas to Electricity Power Station Its South Walker Creek Coal Mine
September 5, 2024
Stanmore Resources Limited has entered into an agreement with the Queensland Government for funding under the LEIP program toward a new 20MW gas to electricity power station at the South Walker Creek open cut coal mine. Supported by the Queensland
DNO Bulks Up in Norway with Acquisitions, Exploration Success
September 5, 2024
DNO has completed the acquisition of stakes in five oil and gas fields, including an operatorship, in the Norne area in the Norwegian Sea from Vår Energi. Following closing, DNO’s wholly-owned subsidiary DNO Norge holds interests in all producing and
Australian Conservation Foundation Dismisses Challenge to Woodside’s Scarborough Energy Project
September 4, 2024
Woodside and the Australian Conservation Foundation (ACF) have agreed to dismiss the ACF’s challenge to a primary environmental approval for Woodside’s Scarborough Energy Project. The Scarborough Energy Project has all primary environmental approvals in place and offshore work is progressing
Chevron Builds on CCS Portfolio with Greenhouse Gas Assessment Permit, Offshore Australia
August 30, 2024
Chevron Corporation, through its subsidiary Chevron Australia New Ventures, has been awarded a greenhouse gas (GHG) assessment permit offshore Western Australia. The permit award provides further opportunity for Chevron to deliver on its strategy of safely delivering lower carbon energy
Hunting Secures Contracts for OOR Services to North Sea Operators
August 30, 2024
Hunting has secured significant organic oil recovery (OOR) contracts to support major North Sea operators. The contracts are worth up to $60 million over a five-year period. The OOR process is a proven enhanced oil recovery (EOR) technology which optimizes
Shell and Akselos Sign Enterprise Agreement for Structural Performance Management
August 29, 2024
Akselos has entered into a strategic enterprise agreement with Shell Information Technology International. The new agreement between Akselos and Shell will extend successful projects with Shell Pearl GTL in Qatar, Shell Scotford in Canada, the Bonga FPSO, and various deployments
New Zealand Government to Reverse Ban on Offshore Oil and Gas Exploration
August 27, 2024
The New Zealand government has announced plans to introduce legislation by the end of this year to reverse the existing ban on offshore oil and gas exploration. This move is part of efforts to address the nation’s ongoing energy shortages.
