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Offshore Energy·Aug 14·1 min read

73 years in the making: Petrobras’ oil field exceeds 4 billion barrels as Brazil’s pre-salt turns 20

Petrobras has achieved a significant operational milestone as one of its flagship offshore assets crossed 4 billion barrels of cumulative oil production. This landmark coincides with the 20th annivers

Oil Traders Reprice Hormuz Risk as Demand Outlook Deteriorates

Crude benchmarks staged a strong rebound as geopolitical tensions in the Middle East reignited fears of supply disruptions through the Strait of Hormuz. West Te

OilPrice·Aug 14

Argentina LNG Seeks Government Incentives

Developers behind the Argentina LNG export project have formally submitted an application to qualify for the nation's Large Investment Incentive Regime (RIGI).

Rigzone·Aug 14

TGS and GTI to team up on offshore seismic projects

Global energy data specialist TGS has established a four-year strategic alliance with Geophysical Technology Inc. (GTI) to deploy comprehensive seismic acquisit

Offshore Technology·Aug 14

BP, XRG, and UCC on 4 tcf Venezuelan gas quest as offshore development gathers pace

A consortium comprising British energy major BP, Abu Dhabi's XRG (an investment vehicle tied to ADNOC), and UCC Oil and Gas Holding has secured an offshore expl

Offshore Energy·Aug 14
Aug 14

BP Wins New Venezuela License

Aug 14

Seatrium lines up third FLNG conversion assignment with Golar LNG

Aug 14

Investment approval request submitted for Cyprus-Israel interconnector, project viable in all scenarios

Aug 14

Oil climbs amid US warning of prolonged Iranian naval blockade

Aug 14

$51 billion LNG megaproject takes ‘important’ step on path to FID by year-end

Aug 14

Breakwater rehabilitation making headway for Portugal’s 1 MW wave energy project

Aug 14

XRG secures stake in Venezuela’s offshore Loran gas licence

Aug 14

€1.5 billion turnkey contract awarded for Greek interconnection

Aug 14

Russia Captures Record Share of India’s Oil Market

Aug 14

Oil Prices Head for 4% Weekly Gain as U.S.-Iran Deadlock Drags On