TotalEnergies reported a 2.4% drop in third-quarter earnings on Thursday, meeting expectations as the French oil major raised upstream production and achieved improved crude refining margins to help offset lower oil prices.Adjusted net income slipped to $4…
Angola's national oil and gas agency, ANPG, will sign an exclusive negotiation agreement with oil major Shell to explore and develop Blocks 19, 34, 35 as well as ultra-deep water blocks, it said in a statement late on Thursday.The signing ceremony will take place on November 3…
Oil major BP has signed an agreement to explore for oil and gas offshore in Gabon, a company spokesperson said on Thursday.'BP can confirm it has entered into a memorandum of understanding with the government of Gabon to explore for offshore oil and gas…
BP is advancing appraisal planning for its Bumerangue offshore discovery in Brazil after laboratory analysis confirmed a large hydrocarbon column in the pre-salt Santos Basin, and CO2 levels in the reservoir that the company believes can be managed…
Fincantieri, through its subsidiary IDS – Ingegneria dei Sistemi, has signed a memorandum of understanding with Next Geosolutions (NextGeo) to jointly develop unmanned surface vessels (USVs) and related technologies for the oil and gas and renewable energy industries…
Energy industry services firm EnerMech has secured a pipeline pre-commissioning contract by McDermott in support of Shell Trinidad and Tobago’s Manatee gas development.EnerMech said it will deliver ‘critical services’ across a 115 km, 32-inch offshore pipeline…
Venezuela's oil ministry will ask the presidency to suspend a wide cooperation agreement with Trinidad and Tobago for energy development, including joint gas projects in negotiation, the South American country's oil minister said.Trinidad's…
Portugal's Galp Energia reported an 11% increase in adjusted third-quarter core profit on Monday, beating analysts' estimates, driven by a jump in refining margins and robust gas trading.The energy firm reported adjusted earnings before interest…
African oil and gas company Rhino Resources plans to drill an appraisal well on a Namibian prospect next year and take a flow test on another as it races TotalEnergies to first oil in the southern African nation, its chief executive said.The appraisal well…
Exxon Mobil said on Wednesday it signed an agreement with the government of Gabon to explore for oil and gas off the coast of the central African country.The memorandum of understanding, a non-binding agreement, marks an expansion of the top U…
Malaysia’s oil and gas services firm Velesto and ICON Engineering have signed an agreement to deliver Rig-Installed Wellhead Platforms (RIWHPs) for offshore oil and gas developments in Malaysia.The agreement brings together Velesto’s track record…
Shell has applied to gain the right to appeal against the decision of a South African court to block exploration in the offshore block 5/6/7, a Shell spokesperson said on Wednesday.'Shell has filed an application for leave to appeal alongside…
Egypt and Cyprus have signed a series of agreements to transfer natural gas from Cyprus’ Cronos offshore field to Egypt, marking a significant step toward linking Cypriot gas resources to Egypt’s infrastructure and boosting energy cooperation in the Eastern Mediterranean…
Norway's oil production exceeded an official forecast by 5.4% in September while gas lagged by 1.9%, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but…
BP on Monday confirmed an oil and gas discovery in Namibia’s Orange basin as reported by African energy explorer and operator Rhino Resources earlier this month.Petroleum Exploration License 85, where the well was drilled, is operated by Rhino Resources with a working interest of 42…