Chevron has delivered first oil from its South N’dola platform offshore Angola, marking a major project milestone just over two years after construction began.Located in Block 0, which accounts for around 12% of Angola’s daily energy output, the new platform connects to existing infrastructure via a tieback to the Mafumeira facility, allowing oil and gas to be processed and exported without requiring standalone processing at the site…
Chevron’s South N’dola Platform in Angola delivered first oil in December. The milestone comes just over two years after construction on the platform began. The South N’dola Platform is in Block 0, the abundant offshore reservoir in Angola that…
Oil prices steadied on the first day of trade in 2026 after registering their biggest annual loss since 2020 as investors weighed oversupply concerns against geopolitical risks including the war in Ukraine and Venezuela exports.Brent crude futures LCOc1 dropped 4 cents on Friday to $60…
Ukrainian drones struck an oil rig belonging to Russia in the Caspian sea for the first time, halting the facility's extraction of oil and gas, a source in Ukraine's SBU security service told Reuters on Thursday.The source said SBU drones hit the Filanovsky oil rig…
Rockhopper Exploration has taken a final investment decision (FID) on Phase 1 of the Sea Lion oil development north of the Falkland Islands, allowing the long-delayed project to proceed after securing financing commitments and regulatory approvals…
Libya's National Oil Corporation said it is approaching the final stage of a public exploration bid round, with companies expected to submit offers and open bids in February 2026, according to a statement on Thursday.The bid round, the first in over 17 years…
Exxon Mobil said on Thursday it has lifted force majeure on a large liquefied natural gas project in Mozambique called Rovuma LNG.The company paused work after French oil major TotalEnergies also declared force majeure on its separate LNG project…
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…
Portugal's Galp is in advanced talks with several oil majors to sell a 40% stake in its promising offshore Mopane field in Namibia and expects to choose a partner by the end of the year, Executive Board Member Nuno Bastos said on Tuesday.The…
Kuwait Oil Company said on Monday it made its third offshore discovery with production capacity of more than 29 million cubic feet per day of natural gas, in a boost to the power-squeezed, desert nation's efforts to ramp up output.The Jazza field…
Nigeria has commissioned its first wholly owned Floating Storage and Offloading vessel near its Bonny export terminal, one of the companies which developed it said, as Africa's biggest oil producer seeks to improve its crude export infrastructure…
Oner and developer of large-scale midstream oil and gas infrastructure North Sea Midstream Partners (NSMP) has received first gas from Shell’s Victory field in the UK North Sea.The start-up of the Victory field marks the first new gas from the…
Texas-based oilfield services provider Expro has achieved a world record by deploying the heaviest casing string to date, using its advanced Blackhawk Gen III Wireless Top Drive Cement Head with SKYHOOK technology in the Gulf of Mexico.The record…
Chevron has signed a preliminary agreement with Angola's national oil and gas concessionaire ANPG to explore for oil in the country's offshore block 33/24, the U.S. oil major said on Wednesday.The risk services contract with Angola's National Oil…
Mexican state oil company Pemex signed its first mixed contracts with private sector partners in a bid to reverse declining hydrocarbon production, according to President Claudia Sheinbaum's government report delivered to Congress.The 11 deals…