TotalEnergies, APA and Staatsolie are advancing GranMorgu offshore Suriname, with production drilling and offshore installation scheduled to begin in early 2027.
Hanwha Ocean has reached the final bidding stage with SBM Offshore for the $3 billion Venus FPSO project in Namibia and secured approvals for its low-carbon standard FPSO design system.
ExxonMobil halted production at the Liza Unity FPSO in Guyana’s Stabroek block after a small fire. Oil and gas operations will restart after required checks are completed.
Shell has lost the latest stage of its South Africa offshore exploration dispute after the Constitutional Court ruled that the Wild Coast exploration right should be set aside.
The Tupi asset in Brazil’s pre-salt Santos Basin has reached cumulative production of 4 billion boe, the first Petrobras asset to reach that volume in its 73-year history.
ConocoPhillips and CNOOC have brought Bohai Phase 5 into full operation at the Penglai oil field, adding two wellhead platforms, four platform expansions, 91 wells and new electrical infrastructure.
Shell has approved Malikai Phase 3 offshore Malaysia. Four new wells are expected to lift production from 25,000 to around 40,000 barrels per day from the third quarter of 2028.
Talos Energy has agreed to acquire a 50% working interest in Block 29 offshore Mexico from Repsol, adding a pre-FID project with more than 200 million barrels of oil equivalent.
Trident Energy is expanding its Congo offshore strategy with a mature-asset redevelopment approach focused on production optimization and field life extension.
