Perenco announce acquisition of Cherne and Bagre concessions, Campos Basin, Brazil
Perenco Brazil has announced the acquisition of the Cherne and Bagre concessions from Petróleo Brasileiro S.A. (Petrobras).
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Exploration discovery at Bunga Aster-1 Well
Hibiscus Petroleum Berhad has announced that its wholly-owned subsidiary, Hibiscus Oil & Gas Malaysia as the operator of the PM3 commercial arrangement area production sharing contract, has successfully completed the drilling of the Bunga Aster-1 exploration well.
tengizchevroil starts WPMP operations at tengiz oil field in Kazakhstan
Chevron has announced today that its 50 % owned affiliate Tengizchevroil LLP (TCO) has safely commenced operations at its wellhead pressure management project (WPMP) at the Tengiz oil field in Kazakhstan.
TAG Oil commences flow back of BED4-T100 horizontal well
TAG Oil has announced that it has successfully pumped all twelve planned stages of its multistage hydraulic frac on its BED4-T100 (T100) well location.
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Rhino Resources and Halliburton to sign contract for integrated deep-water services offshore Namibia
Halliburton Company has announced that it has been awarded a deep water integrated multi-well construction contract by Rhino Resources, a private company engaged in both onshore and offshore energy exploration in Africa.
PBS announce contract extension with TotalEnergies
PBS has secured an extension to the general maintenance and operations contract (GMOC) awarded by TotalEnergies in 2020 to cover its North Sea assets.
TotalEnergies increases its interest in giant field Moho and divests two mature assets
TotalEnergies announces that its 85%-owned affiliate, TotalEnergies EP Congo, has signed an agreement with Trident Energy combining the acquisition of an additional 10% interest in the Moho license from Trident Energy and the sale to Trident Energy of its 53.5% interest in the Nkossa and Nsoko II licenses.
Transformational combination of substantially all of Eni’s UK upstream operations with Ithaca Energy
Eni has announced that it has reached an agreement on the combination of substantially all of its upstream assets in the UK, excluding East Irish Sea assets and CCUS activitieswith Ithaca Energy, marking a strategic move to significantly strengthen its presence on the UK Continental Shelf.
TotalEnergies signs agreement to acquire remaining 50% of SapuraOMV
SapuraOMV’s main assets are its 40% operated interest in block SK408 and 30% operated interest in block SK310, both located offshore Sarawak in Malaysia.
Petrobras leads increase in investments among the world's largest oil and gas companies
Petrobras is the company in the global oil and gas market whose investment has grown the most. In 2023, the company practically doubled its investment effort, totalling US$ 21.4 billion between direct investments and assets related to the leasing of production units, compared to an amount of US$ 10.9 billion in 2022.