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Petrobras, the Brazilian oil company, joins forces with a partner to acquire a 40% stake in Galp's Mopane block in Namibia, with the aim of strengthening its reserves.
Petrobras, the Brazilian oil company, joins forces with a partner to acquire a 40% stake in Galp's Mopane block in Namibia, with the aim of strengthening its reserves.
Galp Energia reported a 16% rise in second-quarter adjusted net income, despite a 9% reduction in hydrocarbon production.
Galp Energia reported a 16% rise in second-quarter adjusted net income, despite a 9% reduction in hydrocarbon production.
TotalEnergies has announced its withdrawal from the 11B/12B offshore gas field, posing a challenge to South Africa's energy ambitions.
TotalEnergies has announced its withdrawal from the 11B/12B offshore gas field, posing a challenge to South Africa's energy ambitions.
Equinor's first offshore well in Argentina, Argerich-1, showed no clear sign of hydrocarbons. In-depth analyses will be carried out over the coming months to assess the area's potential.
Equinor's first offshore well in Argentina, Argerich-1, showed no clear sign of hydrocarbons. In-depth analyses will be carried out over the coming months to assess the area's potential.
The South African Court of Appeal overturns an earlier decision, allowing Shell and other oil companies to resume offshore exploration on the Wild Coast, subject to further public consultation.
The South African Court of Appeal overturns an earlier decision, allowing Shell and other oil companies to resume offshore exploration on the Wild Coast, subject to further public consultation.
Portuguese oil and gas group Galp Energia has signed an agreement to sell a 10% stake in natural gas exploration projects in Mozambique to Abu Dhabi oil company Adnoc for 600 million euros.
Portuguese oil and gas group Galp Energia has signed an agreement to sell a 10% stake in natural gas exploration projects in Mozambique to Abu Dhabi oil company Adnoc for 600 million euros.
The World Bank grants a $138.5 million loan to modernize Namibia's power grid with a view to integrating renewable energies.
The World Bank grants a $138.5 million loan to modernize Namibia's power grid with a view to integrating renewable energies.
Worldwide, green hydrogen projects are multiplying. Hygenco is working with Tata Steel to develop a green hydrogen and ammonia project at the Gopalpur Industrial Park in India. The first phase aims to start production in December 2026.
Worldwide, green hydrogen projects are multiplying. Hygenco is working with Tata Steel to develop a green hydrogen and ammonia project at the Gopalpur Industrial Park in India. The first phase aims to start production in December 2026.
The offshore drilling industry is experiencing strong demand for its 6th and 7th generation platforms, despite a slight drop in new contracts signed.
The offshore drilling industry is experiencing strong demand for its 6th and 7th generation platforms, despite a slight drop in new contracts signed.
Galp Energia announces a 35% increase in first-quarter 2024 earnings, building on the momentum of record profits in 2023.
Galp Energia announces a 35% increase in first-quarter 2024 earnings, building on the momentum of record profits in 2023.

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