GeoPark Divests Non-Core Colombia, Brazil Assets, Cuts Workforce
GeoPark is selling non-core assets and reducing its headcount, the Colombia-based oil and gas firm said March 31.
E&P Highlights: March 31, 2025
Here’s a roundup of the latest E&P headlines, from a big CNOOC discovery in the South China Sea to Shell’s development offshore Brazil.
Shell Takes FID on Gato do Mato Project Offshore Brazil
Shell Plc will be the operator and 50% owner, with Ecopetrol holding 30% interest and TotalEnergies 20%.
Petrobras to Deploy Baker Hughes Completion Technology Offshore Brazil
Baker Hughes will be combining its completions technologies with conventional upper and lower completions solutions at Petrobras’ offshore developments.
What's Affecting Oil Prices This Week? (March 3, 2025)
For the upcoming week, Stratas Advisors expects oil prices to continue bouncing around but overall trend upward.
KNOT Offshore Partners Conducts Shuttle Tanker Asset Swap
KNOT Offshore Partners LP subsidiary KNOT Shuttle Tanker AS is trading shuttle tanker assets with Knutsen NYK Offshore Tankers AS, the company said Feb. 27.
E&P Highlights: Feb. 24, 2025
Here’s a roundup of the latest E&P headlines, from a sale of assets in the Gulf of Mexico to new production in the Bohai Sea.
Petrobras Signs on for 15 Years of LNG from Centrica
Petróleo Brasileiro SA has signed a 15-year purchase and sale agreement with British global natural gas supplier Centrica.
Report: US Tariffs Could Lead to Higher Onshore Wind Costs
Trump’s move to impose tariffs on allies and political adversaries alike comes in an effort to protect U.S. national security interest and leverage America’s economic position.
Petro-Victory Buys Oil Fields in Brazil’s Potiguar Basin
Petro-Victory Energy is growing its footprint in Brazil’s onshore Potiguar Basin with 13 new blocks, the company said Feb. 10.