Petrobras and Shell have signed concession contracts for 26 blocks in Pelotas basin offshore Brazil. The contracts were signed following awards related to the National Agency of Petroleum, Natural Gas ...

Shell (SHEL) will spend ~$1 billion for seismic surveys and drilling on new oil blocks in Angola, as the country seeks to raise production that has declined over the years, the chairman of the oil ...

South Africa’s state-owned PetroSA has approved a landmark farm-in deal that would give Shell Offshore a 60% operating stake in Block 2C, strengthening the oil major’s position in the increasingly ...

Shell plc’s SHEL affiliate, Shell Exploration and Production, has inked a contract with the Bulgarian energy ministry for oil and gas exploration offshore Block 1-26 of the Khan Tervel field, in the ...

Shell PLC (NYSE:SHEL) reportedly plans to invest around $1 billion in new oil blocks in Angola. The chairman of the oil regulator stated that the move reflects the southern African nation’s aim to ...

Shell plc’s SHEL Brazil affiliate has taken another decisive step in strengthening its offshore portfolio by signing contracts for four new exploration blocks in the Santos Basin. These assets, ...