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Oil&Gas Drilling
Suriname's Oil Resources Seen Totaling Over 2 Bbbl, Wood Mackenzie Reports
Suriname’s discovered oil resources now total more than 2.4 Bbbl of crude and liquids, and the nation has more than 12.5 tcf of gas, according to Wood Mac…
Oil&Gas Drilling
State Companies Plan to Extract 15 Cubic Meters of Gas and Two Million Tons of Oil This Year and Have Launched Seven New Gas Wells.
The Naftogaz group expects that state gas production companies will produce about 15 billion cubic meters of gas in 2024, said the state company’s CEO, Ol…
Oil&Gas Drilling
Saipem Secures $850 Million Award Offshore Angola From Eni-Led Joint Venture
Saipem has been awarded a new offshore contract by Azule Energy Angola S.p.A., a subsidiary of Azule Energy Holdings Limited, for the development of the Ndungu …
Oil&Gas Drilling
Asia's First Cylindrical FPSO Coming to Work on Chinese Oilfield
The loading operation of a floating production, storage, and offloading (FPSO) vessel, which is said to be independently designed and built by China as Asia&rsq…
Oil&Gas Drilling
Indonesia Expects Oil and Gas Investments to Rise 29% to $17 Billion in 2024
Indonesia expects investments in its oil and gas sector to rise 29% in 2024, the chairman of regulator SKK Migas told Reuters, as it races to ramp up drilling a…
Oil&Gas Drilling
New Dutch Coalition Aims for More Offshore Gas Extraction, Nuclear Energy
The incoming Dutch government said on Thursday it will aim to expand offshore natural gas extraction and nuclear energy production as part of plans to reduce th…
Oil&Gas Drilling
Exclusive: Chevron Prepares for North Sea Exit After More Than 55 Years
Chevron (CVX.N), opens new tab said it is set to launch the sale of its remaining UK North Sea oil and gas assets, in a move that would mark the U.S. energy gia…
Oil&Gas Drilling
Crescent Energy Expands Texas Shale Ops With $2.1 Billion Silverbow Buy
Oil and gas producer Crescent Energy (CRGY.N), opens new tab has agreed to buy rival SilverBow Resources (SBOW.N), opens new tab for $2.1 billion, a deal which …
Oil&Gas Drilling
Colombia Oil Output Closing in on 800,000 Bpd, Regulator Head Says
Colombia's average daily oil output is closing in on 800,000 barrels per day (bpd) even as the Andean country increasingly looks to boost renewable energies…
Oil&Gas Drilling
Woodside Making Strides in Developing Deepwater Gas Project
Australian energy giant Woodside Energy has discussed the inroads made in the development of its deepwater natural gas field off the coast of Trinidad with the …
Oil&Gas Drilling
Patterson-UTI Signs Term Sheet to Partner With ADNOC Drilling in the UAE
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) ("Patterson-UTI" or "the Company") today announced that its subsidiary, Patterson-UTI International Holdings, Inc., has…
Oil&Gas Drilling
Adnoc Drilling Lands $1.7bn Contract for UAE's Energy Resources
Adnoc Drilling has been awarded, by Adnoc, a $1.7 billion contract to provide drilling and associated services for the recovery of unconventional energy resourc…
Oil&Gas Drilling
Exxonmobil Brings Qatarenergy on Board as Its New Partner in Two Exploration Blocks
Qatar’s state-owned energy giant QatarEnergy has sealed a deal with ExxonMobil, a U.S.-headquartered energy heavyweight, to enter two exploration blocks off th…
Oil&Gas Drilling
NNPCE&P Ltd, Nosl Hit First Oil in OML 13 in Akwa Ibom
NNPC Exploration and Production Limited (NNPC E&P Ltd), NNPC Ltd’s flagship upstream subsidiary, and Natural Oilfield Services Ltd (NOSL), a subsidiary of…
Oil & Gas Trade
Angola's Infrastructure to Support New Oil and Gas Development Ahead of 2025 Licensing Round
As part of the country’s six-year licensing round launched in 2019, Angola will open its next international tender in 2025. Currently, the National Oil, G…
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