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Latest news - International

Africa Emerges as a Key Player in Global Energy Security

Africa Emerges as a Key Player in Global Energy Security   Listen to the podcast *This podcast may contain errors or misrepresentation of information, please make sure to verify any data presented with other sources.   With recent geopolitical events highlighting the vulnerabilities of global energy supply chains, Africa is attracting increasing attention as a reliable and promising source of oil and gas. As the world seeks to diversify its energy portfolios and e...

TotalEnergies plans to grow oil and gas production until 2030

TotalEnergies plans to grow oil and gas production until 2030   Listen to the podcast *This podcast may contain errors or misrepresentation of information, please make sure to verify any data presented with other sources.   French energy giant TotalEnergies has announced plans to increase its oil and gas production until 2030, as it seeks to reassure investors about its fundamentals. CEO Patrick Pouyanne has a raft of ambitious projects aimed at propelling growth...

Keir Starmer urged to scrap 'climate disaster' Rosebank

Keir Starmer urged to scrap 'climate disaster' Rosebank   More than 250 organisations and individuals, including the former Archbishop of Canterbury, have signed an open letter urging Sir Keir Starmer to stop the Rosebank development in the North Sea. Permission has been granted to drill in the untapped field off Shetland, but that decision will go to a judicial review at the Court of Session following a challenge by Greenpeace and Uplift. Both the UK government and the...

Gabon and Equatorial Guinea are battling for oil-rich islands

Gabon and Equatorial Guinea are battling for oil-rich islands   Listen to the podcast *This podcast may contain errors or misrepresentation of information, please make sure to verify any data presented with other sources.   The tiny island of Mbanié off the coast of Gabon is the subject of a dispute pitting Equatorial Guinea against Gabon at the International Court of Justice in The Hague, Netherlands. Both Central African countries have laid claim to the 7...

Subsea7 awarded four PLSV contracts in Brazil

Subsea7 awarded four PLSV contracts in Brazil   Subsea7 announce, after a competitive tender process, the award by Petrobras of four long-term day-rate contracts for pipelay support vessels (PLSVs) commencing in 2025. The contracts have a combined value of over $1.25 billion and will be recorded in the backlog in the second quarter. The contracts for Seven Rio, Seven Cruzeiro and Seven Sun comprise a firm three-year period while the award for Seven Waves comprises a firm four-year...

Ministers among hundreds of energy-sector leaders to attend AOW event

Ministers among hundreds of energy-sector leaders to attend AOW event   CAPE TOWN, South Africa, 02 October 2024 – AOW: Investing in African Energy – Africa’s leading oil, gas and energy event – has confirmed attendance for more than 80 ministers and senior officials, representing African governments, energy departments and regulators at next month’s event.   Listen to the podcast *This podcast may contain errors or misrepresentation of...

Petrobras Board Approves 10% Stake in South African Exploration Block

Petrobras Board Approves 10% Stake in South African Exploration Block   Listen to the podcast *This podcast may contain errors or misrepresentation of information, please make sure to verify any data presented with other sources.   Petrobras, Brazil’s state-owned oil giant, has set its sights on new frontiers. The company’s board of directors recently approved a 10% acquisition in the Deep Western Orange Basin (DWOB) exploration block off South Africa&rsq...

ExxonMobil accelerates African energy investments and frontier exploration

ExxonMobil accelerates African energy investments and frontier exploration   Listen to the podcast *This podcast may contain errors or misrepresentation of information, please make sure to verify any data presented with other sources.   ExxonMobil is progressing several energy initiatives on the African continent, consolidating its status as one of the drivers of the industry on the continent. Recent developments herald further expansions of the robust ExxonMobil...

Oceaneering Wins Contract to Build Freedom™ AUV and Remote Operations Center for U.S. Navy

Oceaneering Wins Contract to Build Freedom™ AUV and Remote Operations Center for U.S. Navy   Oceaneering International, Inc. announces today that its Subsea Robotics and Aerospace and Defense Technologies segments were awarded a multi-million dollar contract by the Defense Innovation Unit (DIU) of the U.S. Department of Defense to build a Freedom™ Autonomous Underwater Vehicle (AUV) and establish an Onshore Remote Operations Center (OROC) for the U.S. Navy.   The a...

FTC clears Chevron’s $53bn merger with Hess

FTC clears Chevron’s $53bn merger with Hess As a condition of the approval, the Federal Trade Commission (FTC) has stipulated that Hess CEO John B Hess will not join Chevron's board of directors.   Chevron has successfully cleared a key hurdle in its proposed $53bn all-stock merger with Hess, having received approval from the FTC after an antitrust review.   This marks a crucial step towards finalising the transaction that was first announced in October last year...

Indonesia Asks Exxon To Boost Oil Production

Indonesia Asks Exxon To Boost Oil Production   Listen to the podcast *This podcast may contain errors or misrepresentation of information, please make sure to verify any data presented with other sources.   Indonesia on Monday asked U.S. supermajor ExxonMobil to raise its crude oil production in the country to 150,000 barrels per day (bpd) in 2026, up from 125,000 bpd, Bahlil Lahadalia, Indonesia’s Minister of Energy and Mineral Resources, said. Lahadalia, w...

Noble drillship’s drilling gig in full gear offshore West Africa

Noble drillship’s drilling gig in full gear offshore West Africa   Listen to the podcast *This podcast may contain errors or misrepresentation of information, please make sure to verify any data presented with other sources.   A seventh-generation drillship, which recently became part of the floater fleet belonging to the U.S. offshore drilling contractor Noble Corporation, is making progress in its drilling campaign off the coast of West Africa, which is related...

Petrobras in talks with ExxonMobil, Shell, others over hot African exploration plays

Petrobras in talks with ExxonMobil, Shell, others over hot African exploration plays   Listen to the podcast *This podcast may contain errors or misrepresentation of information, please make sure to verify any data presented with other sources.   Brazil’s state-controlled oil company is in talks to buy stakes in African exploration blocks from companies including ExxonMobil Corp., Shell Plc, TotalEnergies SE and Equinor ASA. The discussions are over blocks in...

TotalEnergies’ $9 Billion Suriname Bet Expands Atlantic Oil Boom

TotalEnergies’ $9 Billion Suriname Bet Expands Atlantic Oil Boom   Listen to the podcast *This podcast may contain errors or misrepresentation of information, please make sure to verify any data presented with other sources.   TotalEnergies SE is assembling a fleet of deepwater rigs, support vessels and drilling crews off the coast of Suriname in the clearest sign yet that it’ll move forward with a historic oil development.   Although the French superma...

Saipem Pre-Qualifies for Work at Libya’s Major Offshore Gas Project

Saipem Pre-Qualifies for Work at Libya’s Major Offshore Gas Project   Italian multinational oilfield services company Saipem has pre-qualified to carry out EPCC works for Production Platform E – part of the $8 billion Structures A&E Development Project, which aims to increase Libya's gas production. Led by Mellitah Oil & Gas – a joint venture between Italian multinational Eni and Libya’s National Oil Company – the Structures A&E projec...

Oil and gas discovery in the North Sea (35/10-13 S)

Oil and gas discovery in the North Sea (35/10-13 S)   Listen to the podcast *This podcast may contain errors or misrepresentation of information, please make sure to verify any data presented with other sources.   Equinor and its partner DNO have made an oil and gas discovery in the northern part of the North Sea. Wildcat well (35/10-13 S) was drilled in production licence 827 SB from the Awards in predefined areas (APA) in 2022. The well was drilled using the Deeps...

RGU collaborates on hydrogen energy project

RGU collaborates on hydrogen energy project   Listen to the podcast *This podcast may contain errors or misrepresentation of information, please make sure to verify any data presented with other sources.   RGU and Sustainable Solutions IR Ltd, a green tech group company under energy rental firm Intervention Rentals UK Ltd, are working together on a new research project focusing on the development of hydrogen production from waste heat which could have major implication...

Equinor Has Suppliers Secured for $9 Billion Brazil Gas Project

Equinor Has Suppliers Secured for $9 Billion Brazil Gas Project   Listen to the podcast   Equinor ASA has signed “all major contracts” to build a major natural gas development off the coast of Brazil that is expected to start production in 2028, Chief Executive Officer Anders Opedal said Monday. The Norwegian oil major has secured suppliers to build a floating production vessel, drill production wells and install sea-bed infrastructure such as a pipeline, O...

TotalEnergies commences gas production from Fenix field

TotalEnergies commences gas production from Fenix field Situated 60km off the coast of Tierra del Fuego, the Fenix field is a part of the Cuenca Marina Austral 1 concession.    Listen to the podcast   TotalEnergies has announced the commencement of gas production from the Fenix gas field, offshore Argentina. Situated 60km off the coast of Tierra del Fuego in Southern Argentina, the Fenix field is a part of the Cuenca Marina Austral 1 (CMA-1) concession.  ...

Students to prepare for world of work through AFBE-UK Scotland programme

Students to prepare for world of work through AFBE-UK Scotland programme   Listen to the podcast     Scottish STEM students and graduates are being given the opportunity to take part in a programme helping to prepare them for the world of work. AFBE-UK Scotland, which supports under-represented groups, is holding Transition events in Edinburgh, Aberdeen and Glasgow. The Transition programme was launched in 2012 to help provide an avenue for job applicants of m...
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