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02 Jun 23
US: Zenith Energy enters into first agreement for USA acquisition campaign
Zenith Energy has entered into an agreement with Stateside Energy, a company registered under the laws of the State of Oklahoma, United States of America, to acquire and operate a portfolio of oil production and development licences in Oklahoma, as well as certain other States in the USA.
02 Jun 23
US: ExxonMobil signs carbon capture agreement with Nucor Corporation, reaching 5 MTA milestone
ExxonMobil Low Carbon Solutions’ newest carbon capture and storage agreement – with Nucor Corporation, one of North America’s largest steel producers – demonstrates its continued momentum in helping industrial customers reduce emissions.
01 Jun 23
Brazil: CNOOC Limited announces Buzios5 Project commences production
CNOOC Limited has announced that the Buzios5 Project has commenced production. The Buzios oil field is located in the Santos Basin, offshore Brazil. It is the largest deep-water pre-salt oil field in the world, with a daily production of about 600,000 barrels at present. Buzios5 is the fifth phase of oil field development.
01 Jun 23
GoM: Helix Energy Solutions awarded significant full-field decommissioning contract in U.S. Gulf of Mexico Shelf
Helix Energy Solutions has announced that its Louisiana-based subsidiary Helix Alliance has been awarded a 39-well decommissioning contract in the U.S. Gulf of Mexico shelf. The project is expected to commence in mid-2023. The scope of work includes the plug and abandonment of 39 wells, 15 pipelines and seven structures.
01 Jun 23
GoM: BOEM completes environmental review of offshore wind leasing in the Gulf of Mexico
As part of the Biden-Harris administration’s goal of permitting 30 gigawatts of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) has issued a final environmental assessment (EA) on potential impacts from offshore wind leasing on the U.S. Outer Continental Shelf in the Gulf of Mexico, a key milestone towards the potential first-ever offshore wind lease sale in the Gulf.
01 Jun 23
Brazil: TotalEnergies signs Production Sharing Contract for the Agua Marinha offshore block
TotalEnergies and its co-venturers Petrobras, QatarEnergy and PETRONAS Petróleo Brasil Ltda (PPBL) have signed the Production Sharing Contract (PSC) for the Agua Marinha block, which was awarded in the Open Acreage under Production Sharing Regime – 1st Cycle held by Brazil’s National Petroleum Agency (ANP) in December 2022.
01 Jun 23
Trinidad: Challenger Energy provides update on sale of Cory Moruga to Predator Oil and Gas
AIM-listed Challenger Energy has provided an update in relation to the sale of the Cory Moruga licence, onshore Trinidad, to Predator Oil and Gas.
01 Jun 23
US: Pantheon Resources announces update on last year's state lease awards
Pantheon Resources has announced that it has formally accepted and paid for the award by the State of Alaska Department of Natural Resources for the 39,540 acres that it was the successful bidder of in last year's state lease sale.



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