Karoon’s balance sheet is sound. After sitting at a small net cash position at end December 2024, the company moved to a USD 238 million net debt position by end June 2025. This reflects payment of ...

Angola's attempts to stabilise its waning crude oil production received a boost when two offshore projects started up, adding ...

Last year, President João Lourenço approved a law that offers new incentives to incrementally expand production in offshore blocks ...

Elsewhere in Angola, TotalEnergies and its partners approved the Kaminho project in block 20/11 last year. The first large ...

TotalEnergies starts production from BEGONIA and CLOV Phase 3 offshore Angola. Find the latest news from the maritime industry on the PortNews website.

TotalEnergies has started production from the Begonia and CLOV Phase 3 projects offshore Angola. Total production from the projects is 60,000 b/d. TotalEnergies started production from Begonia on ...

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the start of production from the BEGONIA and CLOV Phase 3 offshore ...

TotalEnergies has started production from the BEGONIA and CLOV Phase 3 projects, adding a total of 60,000 barrels per day of ...

Angola's attempts to stabilise waning crude oil production received a boost on Wednesday when two offshore projects started up, adding a total of 60,000 barrels per day to national output, the country ...

Equinor ASA (NYSE: EQNR) reported strong second-quarter 2025 results, with adjusted operating income of $6.53 billion and net ...

Petrobras is having a third attempt to contract FPSOs for the coveted Sergipe-Alagoas Deepwater (SEAP) project in Brazil’s ...

Exciting news! Brava Energia has connected two more wells to the Atlanta FPSO, moving closer to peak production.