offshore gas

TotalEnergies moves to restart work on $20 billion Mozambique LNG, sources say

July 7, 2025

(World Oil)– Companies hired by TotalEnergies SE to build a $20 billion gas project in northern Mozambique have started preparing to resume work on the venture, four years after it was suspended because of a militant insurgency, according to people familiar with the matter. Firms have taken preliminary steps, including deploying resources to the project site, said two of the

Ecopetrol looks to boost production from Colombia’s oil-rich eastern block

February 21, 2025

(World Oil) – (Bloomberg) – State-controlled oil driller Ecopetrol SA sees “great potential” for development and exploration in Colombia’s crude-producing heartland alongside bets on U.S. fracing and offshore gas. The company said this month that it now has full ownership of the CPO-09 block in the nation’s oil-rich eastern plains after completing its $452 million acquisition of Repsol SA’s 45% stake.

TotalEnergies moves to restart work on $20 billion Mozambique LNG, sources say

Ecopetrol looks to boost production from Colombia’s oil-rich eastern block

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