Latest News
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05 Jan 26
Nigeria: Shearwater initiates multi-client survey offshore Nigeria
Shearwater Geoservices has announced the upcoming start of a new multi-client seismic project offshore Nigeria. The survey will provide high-resolution subsurface data across the Western Niger Delta Basin, supporting exploration decisions and future license rounds in one of West Africa’s most prospective oil and gas regions. -
05 Jan 26
Mexico: Harbour appointed operator of the Zama project in Mexico
Harbour Energy announced December 31 2025 it has been appointed operator of the Zama oil project offshore Mexico. The Zama oil field, discovered in 2017 and successfully appraised in 2018 and 2019, is estimated to contain approx. 750 mmboe of gross recoverable resources. -
01 Jan 26
OEUK: Christmas on the rigs
Around 10,000 offshore gas and oil workers are spending today and the rest of the Christmas and New Year holiday far out on the dark seas around Britain’s coasts, providing the energy to heat homes, cook turkeys, and power fairy lights. -
01 Jan 26
bp agrees to sell a 65% shareholding in Castrol to Stonepeak at an enterprise value of $10 billion
Following a comprehensive strategic review of Castrol, bp announced Decembey 24 that it has reached an agreement to sell a 65% shareholding in Castrol to Stonepeak, at an enterprise value of $10.1 billion. The transaction is expected to result in total net proceeds to bp of approx. $6.0 billion.
