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Oil&Gas Drilling
Equatorial Guinea Launching New Oil & Gas Licensing Round After Six Years
Equatorial Guinea’s Ministry of Mines and Hydrocarbons is set to launch a new oil and gas licensing round to up the country’s offshore exploration a…
Offshore Wind Power
Government Pledges Extra £200M for Offshore Wind in Oil and Gas Communities
A floating wind turbine, similar to those that will make up the Green Volt development.The UK government has announced an initiative to deliver up to £200…
Natural Gas
Validus Energy to Buy Natural Gas Producer 89 Energy III for $850 Million, Sources Say
Privately owned U.S. oil and gas producer Validus Energy has struck a deal to buy rival 89 Energy III for about $850 million, including debt, sources familiar w…
Crude Oil
Four Giant Oil & Gas Projects Line up for Start-up in 2025 Offshore Norway With More on the Cards
Norwegian oil and gas player Vår Energi has confirmed that four major projects are expected to be put into operation this year, enabling the firm’s …
Oil&Gas Drilling
Chinese Researchers Use Earth Science Satellite to Monitor Offshore Oil, Gas Platforms
Chinese researchers have unveiled a novel application of the Earth science satellite SDGSAT-1 for observing offshore oil and gas platforms.The study, led by res…
Oil Field
Decision Over Progressing Brazilian Oil Discovery to FEED Entry Stage Due in Spring
Australia’s oil and gas company Karoon Energy is expected to make up its mind around April 2025 about moving forward with the next stage of development, w…
Natural Gas
Nigerian Offshore Fields Reach New Decarbonization Heights With 96% Cut in Routine Gas Flaring
Madu Conductor Supported Platform CSPThe Nigerian National Petroleum Company (NNPC) has tucked a new milestone in the reduction of routine flaring of associated…
Oil Field
Chevron Takes the Operator Helm at Two Blocks in Namibian Waters
Chevron Namibia Exploration Limited (CNEL), an affiliate of the U.S.-headquartered energy giant Chevron, has strengthened its presence in Namibia’s offsho…
Oil&Gas Drilling
US Drillers Add Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says
The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023.U.S. ener…
Crude Oil
Suncor’s Fourth-Quarter Profit Beats on Higher Oil Output, Fuel Sale Volumes
The Suncor Energy logo is seen at their head office in Calgary, Alberta, Canada, April 17, 2019.Canada's Suncor Energy (SU.TO), opens new tab beat analysts&…
Oil and Gas Equipment
NEITI: Nigeria Needs $20 Billion Annually to Boost Gas Infrastructure
The Nigeria Extractive Industries Transparency Initiative (NEITI), said yesterday that Nigeria would need to inject $20 billion annually into its gas infrastruc…
Oil Field
OGDCL Enhances Oil Production From Kunnar Oil Field in Hyderabad
Oil and Gas Development Company Limited (OGDCL) on Thursday announced a significant enhancement in oil production from its Kunnar Oil Field in the Hyderabad dis…
Oil Field
OGDCL Boosts Oil Production at Kunnar Oil Field in Sindh
The Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, announced a production enhancement at its Kunn…
Crude Oil
MODEC’s FPSO Staying Five More Years With Petrobras Offshore Brazil
FPSO Cidade de Angra dos Reis;Brazil’s state-owned oil and gas giant Petrobras has prolonged the assignment of a floating production, storage, and offload…
Oil & Gas Trade
YPF and Indian Trio Shake Hands on Lng Export From Argentina’s Future Plant
Rendering of the proposed Argentina LNG liquefaction plant;Argentina’s oil and gas firm YPF has signed a memorandum of understanding (MOU) with three Indi…
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