Nigeria has approved targeted fiscal incentives aimed at unlocking the Bonga Southwest Aparo (BSWA) deep-water oil development, a project expected to attract roughly $20bn in investment, as the ...

President Bola Tinubu has approved a targeted fiscal incentive designed to unlock the final investment decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project.

OMV Petrom has struck a deal to farm in to a promising deepwater exploration block offshore Bulgaria where Shell is eyeing plans for an exploration campaign. Last month, Shell and Turkish Petroleum ...

Nigeria has broken up its prized OPL 245 deepwater oil block into four new assets to be co-developed by Shell Plc and Eni SpA, clearing ...

Shell PLC‘s (NYSE:SHEL) Shell Nigeria Exploration inked a deal with TotalEnergies SE‘s (NYSE:TTE) TotalEnergies EP Nigeria Limited involving SNEPCo acquiring TotalEnergies’ 12.5% interest in the OML ...

Shell (NYSE:SHEL) said two of its wells to boost production at the Perdido offshore development in the U.S. Gulf have been delayed to the end of the year, while one was brought online in March, ...

The Shell plc subsidiary awarded two contracts to a Velesto Energy subsidiary for maintenance services related to a production platform offshore Malaysia.

European supermajor Shell has opted to return four exploration blocks in the deep-water section of the Perdido basin offshore Mexico near the US maritime border after failing to unlock commercial ...

Shell PLC’s (NYSE:SHEL) Nigerian subsidiary SNEPCo made the final investment decision for Bonga North, a deep-water project off Nigeria’s coast. Bonga North, classified as 2P (proven and probable) ...

Shell’s Nigerian subsidiary has approved the Bonga North deep-water project off the coast of Nigeria, the UK-based supermajor said on Monday, announcing the final investment decision for the ...