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Shell reaches FID for deepwater project in Brazil's pre-salt Santos Basin

March 21, 2025
Shell Brasil, a subsidiary of Shell plc, has taken the Final Investment Decision (FID) for Gato do Mato, a deepwater project in the pre-salt area of the Santos Basin, offshore Brazil. The development plan includes the installation of a FPSO vessel and is designed to produce up to 120,000 bopd.

Odfjell executes TRS operations in Kuwait’s first offshore Jurassic well

March 20, 2025

Baker Hughes secures major completions contract for Petrobras’ offshore fields

March 20, 2025

OPEC+ quota violators step up efforts to conform to production limits

March 20, 2025

Climate activist urges bp investors to vote against oil-pro chairman’s reelection

March 20, 2025

U.S. to extend Chevron-Venezuela deadline by at least 30 days, sources say

March 20, 2025

EnerMech appoints new regional head for Asia-Pacific region

March 20, 2025

Oil executives meet with Trump, discuss permitting but not prices

March 20, 2025

EIA forecasts Alaska crude oil production will grow in 2026 for the first time since 2017

March 19, 2025

Trump meets with oil execs as U.S. scales down environmental rules

March 19, 2025

Canada energy execs urge oil and gas investment to strengthen economic sovereignty

March 19, 2025

Shelved Biden study found pollution impact of LNG exports minor

March 19, 2025

Citadel hedge fund to buy $1 billion in Haynesville natural gas assets

March 19, 2025

Vitol to acquire $1.65 billion stake in upstream Africa projects in Eni deal

March 19, 2025

Egyptian leaders meet on E&P activity, increased investment

March 19, 2025

MOL discovers new oil field in Western Hungary

March 18, 2025

Over 100 trade groups welcome U.S. Congress' efforts to reverse Calif. vehicle mandates

March 18, 2025

Equatorial Guinea to launch major oil and gas licensing round for 2025/2026

March 18, 2025

STRYDE lands its first Mini Seismic System sale in Latin America

March 18, 2025

FSRU Toscana terminal will operate until 2044, OLT Offshore says

March 18, 2025
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