25‑year licence extension opens doors to output and investment boost at BW Energy’s asset
BW Energy, an Oslo-listed E&P company, has received a 25-year license extension for its primary producing asset offshore Gabon. This extension provides BW Energy with long-term security and the opportunity to increase production and investment in the field.
Offshore Energy · April 7, 2026
Halliburton, Petronas, Valaris sign SCA for Suriname offshore assets
Halliburton, Petronas Suriname Exploration & Production, and Valaris have entered into a strategic collaboration agreement (SCA) to jointly develop Suriname's offshore oil and gas assets. This agreement signifies a commitment to unlocking the potential of Suriname's offshore resources and could lead to increased exploration and production activity in the region.
Offshore Technology · April 7, 2026