Equinor has entered into agreements with Brazilian company PRIO to sell its 60% operated interest in the Peregrino field in Brazil for $3.5 billion USD. Peregrino is a heavy oil field consisting of a FPSO platform supported by three fixed platforms. Equinor has been operating the field since 2009, with around 300 million barrels of oil being produced by the asset since.
TotalEnergies prepares to drill offshore South Africa as regulatory reforms gain footing
TotalEnergies is preparing to begin offshore drilling in South Africa in 2026, pending final...
