
Shell and Chevron strike South Deepwater Tano deal in Ghana
Shell and Chevron have struck a deal linked to exploration and production rights over Ghana’s offshore South Deepwater Tano Block.

Shell and Chevron have struck a deal linked to exploration and production rights over Ghana’s offshore South Deepwater Tano Block.

bp has agreed terms for Shell to acquire stakes in the Tupinambá block offshore Brazil and the Conifer prospect in the deepwater US Gulf of Mexico, with bp remaining operator.

Northern Ocean expects Deepsea Mira to remain idle into Q1 2027 after several 2026 opportunities did not materialise and other drilling programmes were delayed.

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.

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.

Valaris 249 completed a two-well workover and completion campaign for BP offshore Trinidad nearly 17 days early. The rig is due for maintenance before starting work for Shell in October 2026.

TotalEnergies has agreed to acquire Shell’s 4GW European onshore renewables business and sell a 50% stake in a separate 1.2GW portfolio to an insurance account managed by KKR.

MOL Group has agreed to acquire Shell’s BG Cyprus Limited for up to $720 million, giving it a 35% interest in the Aphrodite gas field upon completion.
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