Oil & Gas News

Consistent with the requirements of the Inflation Reduction Act (IRA) concerning offshore conventional and renewable energy leasing, the Department of the Interior releases the Proposed Final Program and Final Programmatic Environmental Impact Statement (EIS) for the 2024–2029 National Outer Continental Shelf Oil and Gas Leasing Program (National OCS Program).

TotalEnergies EP Angola Block 20 has finalized the sale to PETRONAS ANGOLA E&P LTD (PAEPL), a company belonging to the PETRONAS group of companies, of a 40% interest in Block 20 in the Kwanza Basin in Angola. The transaction was completed for an amount of $400 million as at January 1st, 2023, subject to customary price adjustments.

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