Karoon’s balance sheet is sound. After sitting at a small net cash position at end December 2024, the company moved to a USD 238 million net debt position by end June 2025. This reflects payment of ...

Angola's attempts to stabilise its waning crude oil production received a boost when two offshore projects started up, adding ...

Last year, President João Lourenço approved a law that offers new incentives to incrementally expand production in offshore blocks ...

TotalEnergies starts production from BEGONIA and CLOV Phase 3 offshore Angola. Find the latest news from the maritime industry on the PortNews website.

Petrobras (PETR3; PETR4) plans to announce its production and sales report on July 29, followed by financial results on ...

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the start of production from the BEGONIA and CLOV Phase 3 offshore ...

TotalEnergies has started production from the BEGONIA and CLOV Phase 3 projects, adding a total of 60,000 barrels per day of ...

Angola's attempts to stabilise waning crude oil production received a boost on Wednesday when two offshore projects started up, adding a total of 60,000 barrels per day to national output, the country ...

Equinor ASA (NYSE: EQNR) reported strong second-quarter 2025 results, with adjusted operating income of $6.53 billion and net ...

Petrobras is having a third attempt to contract FPSOs for the coveted Sergipe-Alagoas Deepwater (SEAP) project in Brazil’s ...

Exciting news! Brava Energia has connected two more wells to the Atlanta FPSO, moving closer to peak production.

Hunting PLC, the precision engineering group, has announced that it has been awarded an order totalling US$31 million for its ...