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20 May 25 |
Namibia: GEO Exploration reports significant resource upgrade to 4.31 billion barrels (Mean) in PEL 94 Licence, offshore Namibia AIM-listed GEO Exploration has announced the results of an independent geoscience evaluation of Licence PEL 94 (Block 2011A), offshore Namibia. The Company reports a 23 % uplift in unrisked licence-wide prospective resources to c. 4.31 billion barrels (mean). |
20 May 25 |
Gabon: BW Offshore and BW Energy have announced that operations and maintenance of the FPSO BW Adolo have been handed over to BW Energy Gabon BW Offshore and BW Energy have announce that, with effect from 20 May 2025, operations and maintenance ('O&M') of the FPSO BW Adolo have been handed over to BW Energy’s subsidiary, BW Energy Gabon. The unit remains deployed on the Dussafu Marin licence offshore Gabon, where it has produced safely since first oil in 2018. |
19 May 25 |
UAE: ADNOC deepens energy partnerships with US companies ADNOC has announced multiple agreements with United States (US) energy majors during the United Arab Emirates (UAE)-US business dialogue with US President Donald J. Trump. The agreements will potentially enable $60 billion of US investments in UAE energy projects across the lifespan of the projects. |
19 May 25 |
UAE: ADNOC and Tubacex sign agreement to localize oilfield technology in the UAE ADNOC announced today the signing of a strategic partnership agreement with Tubacex, a global leader in advanced tubular solutions, to localize critical oilfield technology, enhancing the resilience of the UAE’s industrial base. The announcement was made at the ‘Make it in the Emirates’ forum in Abu Dhabi. |
