The Block KG D6 development leads offshore activity for India, while oil and gas production onshore is likely to remain level through 2030.
Brazil’s oil regulator ANP announced details of a permanent bid round for 11 offshore oil and gas exploration blocks and plans to open offer envelopes in mid-December.
LLOG Exploration Offshore and Audubon Engineering Co.'s collaborative efforts will make LLOG's Salamanca project the first repurposed hub in the U.S. Gulf of Mexico.
Exxon Mobil has been looking to buy a stake in local deepwater fields of ONGC for some time.
"Shell is coordinating with local authorities and mobilizing personnel and equipment to assess the situation," Shell said in a statement regarding a pipeline leak.
Ecopetrol and Shell boast success at the ultra-deep-water Gorgon-2 well, which confirms the extension of a natural gas province offshore Colombia’s southern Caribbean coast.
The deepwater gas discovery reported by Ecopetrol and Petrobras offshore Colombia confirms the importance of the Caribbean region and increases the possibility for developing a new E&P frontier off northern South America.
Partners Exxon Mobil and Hess reported two new discoveries offshore Guyana at the Seabob-1 and Kiru-Kiru-1 wells, adding to the discovered recoverable resource estimate for the prolific Stabroek Block.
Schlumberger's Subsea Integration Alliance will provide deepwater E&P company Kosmos Energy with a subsea multiphase boosting system, topside equipment and a 16-mile integrated power and control unbilical.
FPSO One Guyana to begin production of Exxon Mobil’s Yellowtail development offshore Guyana in the prolific deepwater Stabroek block in 2025.