Recent discoveries in Guyana and Namibia have reignited interest in deepwater oil exploration, offering high returns for major oil companies. Despite forecasts of peak oil demand, Big Oil is investing ...
When you're drowning in debt, plagued by declining production, and running a refining business that seems chronically ...
India has launched a renewed push to tap oil and gas resources hidden deep beneath the seas as it looks to reduce its heavy dependence on energy imports. The National Deep Water Exploration Mission, ...
The SEAP II project targets high-quality light oil reserves in the Sergipe-Alagoas Basin, specifically in the Budião, Budião Northwest, and Budião Southeast fields. These deposits are located ...
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TechnipFMC plc FTI and Cairn Oil & Gas have entered into a strategic alliance to fast-track deepwater projects in India. The collaboration will tap TechnipFMC’s expertise and cutting-edge technologies ...
Exxon aims to replicate Guyana success in Trinidad's deepwater Initial exploration plan requires $42 million for seismic, wells Trinidad's existing infrastructure may speed up Exxon's output Aug 12 ...
TotalEnergies and joint venture partner Petronas have started drilling a large high-impact deepwater exploration prospect in Papua New Guinea. The Mailu-1 prospect is PNG’s first deepwater well and is ...
Lagos — Before his posting to Nigeria, Ronald Adams served as the Chief Executive Officer (CEO) of Atlantic LNG in Trinidad and Tobago. He assumed his role as the Managing Director of the Shell ...
TotalEnergies is gearing up to drill a deepwater exploration well in Nigeria, targeting a significant-sized prospect which, if successful, could be developed as a subsea satellite to one of its ...
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