TotalEnergies said it has started production from the deepwater Ballymore field offshore the U.S., located 120 kilometers off the Louisiana coast, and launched in May 2022. The company has a 40% interest in the field alongside operator Chevron (60%). Ballymore has a total daily gross production capacity of 75,000 barrels of oil per day and 50 million cubic […]

Galp informs that it has lifted the first LNG cargo from Venture Global LNG on April 15, 2025, under its sales and purchase agreement (SPA). This first cargo signals the start of the take-or-pay rights and obligations set forth in the 20-year SPA, signed in May 2, 2018, with Venture Global LNG, for 1 mtpa, […]

TGS, a leading global provider of energy data and intelligence, is pleased to announce the significant expansion of its multi-client data library offshore Mauritania, with the addition of over 101,500 square kilometers of high-quality 3D seismic data. This expansion adds to the existing library of over 19,000 square kilometers of reprocessed PSDM 3D seismic data and […]

BW Energy will publish financial figures for Q1 2025 and host a presentation at Hotel Continental, Oslo, on Monday, 5 May 2025. Net production to BW Energy was 3.2 million barrels of oil (mmbbls) in Q1 2025, equal to 36,000 bbls per day, from the Dussafu licence in Gabon (73.5% working interest) and the Golfinho […]

Tullow Overseas Holdings BV, a wholly owned subsidiary of Tullow Oil plc, has signed a heads-of-agreement with Gulf Energy Ltd to sell Tullow Kenya BV, which holds Tullow’s entire working interests in Kenya, for a total consideration of at least $120 million. The consideration will be split into a $40 million payment due on completion, […]

bp drilled the exploration well in Green Canyon Block 584, located in western Green Canyon approximately 120 miles off the coast of Louisiana in 4,092 feet of water. The well was drilled to a total depth of 23,830 feet. The Far South co-owners are bp (operator, 57.5%) and Chevron U.S.A. Inc. (42.5%). “Our Gulf of […]

TAG Oil is pleased has announced that certain of its New Zealand subsidiaries have entered into a definitive asset sale and purchase agreement dated April 7, 2025 (the “Agreement”), for the sale of its New Zealand royalty interests to an arm’s length party (the “Transaction”). Under the terms of the Agreement, the Company will receive […]

Global technology company SLB announced a partnership with Shell to deploy Petrel™ subsurface software across its assets worldwide. The adoption of Petrel software is designed to increase digital capabilities and drive operating cost efficiencies. “With a common focus on joint innovation, including seismic interpretation for both traditional E&P and energy transition workflows, the partnership will […]

The North Sea could produce about half of the oil and gas the UK will need in the run up to 2050 – but only if new projects can be developed, industry chiefs have said. As it stands Offshore Energies UK (OEUK) said the UK is on track to produce just four billion of the 13 to […]

Guelph Gas Limited a cutting-edge renewable energies focus company with utmost commitment to revolutionizing the energy landscape in Nigeria through its various innovative natural gas-oriented projects has performed the groundbreaking ceremony of Guelph Gas Limited’s Compressed Natural Gas (CNG) Mother Station in Ibesikpo, Akwa Ibom State. The groundbreaking milestone ceremony recently performed by the Minister […]