BW Energy is pleased to announce the extension of the Golfinho licence by Brazilian oil and gas regulator ANP. The production phase under the Golfinho concession contract has been extended to 2042 ...

Newswire — BW Energy has approved offshore development projects in Gabon and Brazil that are expected to increase company production above 100,000 bopd by 2028.The company reached final investment ...

With these projects, BW Energy will increase its 2028 targeted net production by around 10% to more than 100,000bopd.

TechnipFMC has edged ahead of the competition in the race to secure a potential $1 billion contract from US independent Anadarko Petroleum covering the main subsea flowline and pipeline package at its ...

The $107 million project includes multiple measures aimed at boosting production efficiency and increasing recoverable reserves by approximately 12 million barrels. Image by EyeEm Mobile GmbH via ...

BW Energy has entered into an agreement for an up to USD 80 million prepayment facility with a leading commodity trading company. The one-year prepayment facility will be used to finance the ...

Italian marine contractor Saipem has been confirmed with a letter of intent from Petrobras to supply a leased 100,000 barrel-per-day floating production, storage and offloading vessel in a $600 ...

Brazilian state-run oil company Petrobras has reopened bidding for its Golfinho offshore oilfield cluster, two sources told Reuters this week, following a rise in crude prices over the last several ...