The shareholders of Dubai-based Shelf Drilling have approved the proposed cash merger with offshore oil contractor ADES International Holding, following the revised offer the Saudi Arabian firm.An extraordinary general meeting was held on October 6…
Europa Oil & Gas has received a one-year extension from the Minister of Hydrocarbons and Mining Development for Equatorial Guinea for the initial two-year period of the EG-08 production sharing contract (PSC), with the plans for drilling of the Barracuda prospect set for 2026…
The Panama Canal Authority (ACP) has launched the concessionaire selection process for a natural gas pipeline project, holding its first market engagement event with more than 45 representatives from global energy companies.The 76-kilometre pipeline…
BW Energy, together with NAMCOR E&P, has started drilling the Kharas well in the Orange Basin, offshore Namibia, with Northern Ocean’s Deepsea Mira semi-submersible drilling rig.The drilling of the appraisal well is taking place in the Kudu license (PPL003) operated by BW Energy…
International consortium, led by Abu Dhabi's National Oil Company (ADNOC), has withdrawn its indicative $18.7 billion offer to acquire Australian oil and gas producer Santos.The consortium, led by ADNOC’s investment arm XRG, said it will not proceed with a binding offer for Santos…
BP's recent discovery of a giant oilfield offshore Brazil has reignited investor enthusiasm, echoing the aggressive exploration era two decades ago when companies were thirsty for resources amid fears the world was running out of oil.The announcement of the Bumerangue discovery…
Oil and gas firm Tullow Oil has appointed Ian Perks as its new Chief Executive Officer (CEO).Perks will take up the role of CEO and join the Board on September 15, 2025. Following the appointment, Richard Miller, who is currently Chief Financial Officer (CFO) and Interim CEO…
New Wave Media, a leading B2B media company serving the global maritime, offshore energy, subsea and logistics sectors, acquired the Port of the Future Conference & Exhibition, a premier international symposium known for its focus on advancing port infrastructure…
TotalEnergies, together with its partner South Atlantic Petroleum, have signed the Production Sharing Contract (PSC) for two exploration licenses offshore Nigeria.The PSC was signed for the PPL 2000 and PPL 2001 licenses, in which TotalEnergies is the operator with 80% working interest…
Egypt has signed four agreements with international firms worth more than $340 million to explore oil and gas in the Mediterranean and Nile Delta, the Petroleum Ministry said on Saturday.The deals, signed by the state-owned Egyptian Natural Gas Holding Company (EGAS)…
Talos Energy Inc. announced successful drilling results at the Daenerys exploration prospect located in the U.S. Gulf of America Walker Ridge blocks 106, 107, 150, and 151.The discovery well was drilled to a total vertical depth of 33,228 feet…
Talos Energy has appointed Zachary B. Dailey as Executive Vice President and Chief Financial Officer (CFO), effective August 18, 2025.In addition, the company has appointed William R. Langin as Executive Vice President – Exploration and Development…
Offshore drilling contractor Shelf Drilling has secured short-term contract for the Shelf Drilling Enterprise and a contract extension for the Trident 16 jack-up drilling rigs.The Shelf Drilling Enterprise has been hired for one firm well operation in Vietnam…
Norwegian oil and gas firm OKEA has spudded the first of two production wells at Bestla development, formerly known as Brasse, in the North Sea using Odfjell Drilling’s Deepsea Yantai rig.The well is being drilled by the rig Deepsea Yantai from the Bestla Subsea Template…
Akrake Petroleum Benin, Rex International's indirect subsidiary, has spudded the first well in the Sèmè Field in Block 1 offshore Benin, using the Borr Drilling’s Gerd jack-up drilling rig.The drilling is part of a 100-day three-well work program to redevelop the Sèmè field…