Latest Stories

Trinidad and Tobago launches onshore, coastal bidding round

15 July 2022

Trinidad and Tobago’s Ministry of Energy and Energy Industries announced this week that it had launched a new licensing round that covers 11 onshore and coastal blocks.

Petrobras confirms oil discovery in wildcat 1-BRSA-1383A-RJS well

15 July 2022

Petrobras, Brazil’s national oil company, has confirmed its discovery of crude oil in a wildcat well drilled within the pre-salt zone of the southern Campos basin.

Marubeni, Osaka Gas, Peru LNG plan feasibility study for synthetic methane production

15 July 2022

Two Japanese companies, Marubeni and Osaka Gas, have announced plans to team up with Peru LNG for a study of synthetic methane production in Peru.

Colombia’s Council of State says law permitting unconventional exploration will stand

15 July 2022

Colombia’s highest administrative court will not proceed with a lawsuit that aims to overturn government regulations permitting the development of unconventional oil and gas reserves.

Tullow says Beebei-Potaro-1 exploration well at Kanuku will be completed in Q3-2022

15 July 2022

Tullow Oil (UK/Ireland) said on July 13 that it expected to finish drilling and obtain results from Beebei-Potaro-1, an exploration well now being sunk at the Kanuku block offshore Guyana, in the near future.

TotalEnergies not yet ready to set date for FID on Block 58

15 July 2022

TotalEnergies EP, a subsidiary of the French major TotalEnergies, has indicated that it is not yet ready to make a final investment decision on the development of Block 58 offshore Suriname.

ConocoPhillips to take 30% stake in Port Arthur LNG

15 July 2022

ConocoPhillips has entered into a heads of agreement (HoA) to acquire a 30% stake in Sempra’s proposed Port Arthur LNG export project in Texas, it emerged this week.

Persistent raises $10mn equity round led by Kyuden International and FSD Africa to grow climate venture building in Africa

15 July 2022

Persistent Energy Capital LLC has raised $10mn in equity to fund African renewable energy

Rystad Energy reports on top five LNG projects in Africa

14 July 2022

Rystad Energy report on top five LNG projects in Africa