field developmentPetrobras to issue tenders for decommissioning of four production platformsBrazilian company plans to invest about $11.4 billion in decommissioning activitives by 2028
explorationNigeria unveils 12-block licensing round to revive upstream fortunesWest African nation hopes for positive response from investors to acreage offering
lngUK player in talks to re-enter 30 Tcf gas complex BP decided to exitDespite BP exit after expiry of production sharing contract for BirAllah asset in Mauritania, Kosmos Energy remains keen
productionLower output expected for Harbour in 2024 as UK's largest producer progresses Wintershall Dea takeoverAcquisition of German company expected to close in fourth quarter
productionAdnoc signs key gas deal for multibillion-dollar export facilityLNG delivery is expected to start in 2028, upon the commencement of commercial operations from the Ruwais export facility
rigs and vesselsJoint venture bags $1.8 billion prize from PetrobrasMalaysian contractor to provide pipelaying support vessels and subsea services for operations offshore Brazil
rigs and vesselsFPSO operator receives crucial approval for newbuild hull concept for large floatersThe FPSO model features an oil processing of up to 250,000 bpd and gas production capability of up to 550 MMcfd
OTC 2024ExxonMobil working on next two Guyana projects at same timeSupermajor did not provide names or timeframe as to when plans will be submitted for government approval
explorationAsian gas discovery appraisal about to kick offKey well to be spudded on Nangka find offshore Sarawak
field developmentMiddle East contracting heavyweight lands major Adnoc offshore dealAdnoc is spending billions of dollars on scaling up its oil production capacity to 5 million bpd by 2027
financeWood Group rejects $1.65 billion buyout offer from Middle East player - potential buyer respondsDubai-based Sidara made all-cash bid for UK engineering player, triggering stock price surge
carbon captureExxonMobil eager for US government to finalise rules on offshore carbon capture and storage Department of Interior is still is working on an offshore CCS regulatory framework