Shell Offshore Inc. and Shell Pipeline Company (SPLC), subsidiaries of Shell plc (Shell), have signed an agreement to increase their stake in the Ursa platform in the Gulf of America.
Petrobras informs that the FPSO Almirante Tamandaré (Búzios 7) has started production in the Búzios field, located in the pre- salt layer of the Santos Basin.
Total petroleum resources on the Norwegian continental shelf (NCS) saw a minor increase last year, according to last year’s "inventory" – the Resource Accounts for 2024.
Russia assembled a fleet of about 700 ships to help keep its oil moving in the face of western sanctions, but many operate with opaque ownership structures, calling safety standards into question.