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Chevron Revives Exploration Efforts in Namibia

OilPrice

Chevron plans to begin drilling an exploration well offshore Namibia, where several international majors have found huge oil and gas resources in recent years.

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Chevron Eyes Exploration Well Drilling off Namibia

Offshore Engineer

Chevron is considering drilling an exploration well in the Walvis Basin off the coast of Namibia in 2026 or 2027, the U.S. oil major said on Thursday.Chevron Namibia

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Vallourec secures OCTG order with ADNOC

Oilfield Technology

This order fully aligns with ADNOC’s ambitious target of reaching 5 million bpd of production by 2027. Please upgrade your browser to improve your experience. To meet the projects supply and delivery requirements, production will be carried out across Vallourec’s industrial sites in Brazil, China, and Indonesia. Already a member?

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BP’s Q1 2025 Update: Gulf of Mexico Success, Increased Texas Drilling & Oil Price Softness

Oil Gas Leads

A key advantage: many of these discoveries are located near existing infrastructure, allowing BP to tie back new wells quickly and cost-effectively. Looking ahead, BP plans to drill around 40 exploration wells over the next three years , underscoring its ambition to expand its upstream production base. billion (up from $1.2

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How Energy Giants Performed in Q1 2025: A Breakdown of Equinor, BP, Hess, and NOG

Rextag

The company noted that the output was in line with expectations, despite ongoing offshore development challenges (e.g., In Guyana , through its Azule Energy joint venture with Eni, the Agogo FPSO completed construction and is now en route to Block 15/06, enhancing production in Angolas offshore region. TWh , the same as Q1 2024.