Oil And Gas News

 

Dolphin Drilling Pursues $105M Payment as Nigerian Receiver Takes Control of GHL

Nov 10, 2025

Offshore drilling contractor Dolphin Drilling is seeking to recover $105 million awarded in arbitration against Nigeria’s General Hydrocarbons Limited (GHL), after the country’s debt recovery agency appointed a receiver to take control of the company…

Malaysia Issues First Offshore CCS Permit to Petronas Subsidiary

Nov 10, 2025

Petronas CCS Ventures, a wholly owned subsidiary of Malaysia’s state energy company Petronas, has received the country’s first offshore assessment permit for carbon capture and storage (CCS) in the Duyong area.The permit, issued by Malaysia Carbon Capture…

Greece, US Seal 20-Year LNG Supply Pact to Replace Russian Gas

Nov 10, 2025

Greece agreed on Friday to import 700 million cubic metres of U.S. liquefied natural gas per year starting in 2030 in its first long-term deal with Washington, which seeks to replace Russian supplies to Europe.The 20-year deal aims to boost U…

Lukoil Operations Hit by US Sanctions as Gunvor Drops Bid

Nov 10, 2025

Lukoil's international operations faced mounting disruptions on Friday as a U.S. deadline for companies to cut off business with the Russian oil company looms and after a hoped-for sale of the operations to Swiss trader Gunvor collapsed.The U…

US Urges Europe to Prioritize Oil and Gas Over Renewables

Nov 10, 2025

Global investments in renewable energy aren't bearing fruit and the world should focus on securing reliable supplies of fossil fuels, U.S. energy and interior secretaries said this week as they worked on convincing Europe to buy more U.S. oil and gas…

Sponsored: Record Deals and Record Attendance Underscore ADIPEC’s Global Impact

Nov 09, 2025

Record-breaking 239,709 attendees from 172 countries gathered at ADIPEC 2025, reaffirming UAE’s convening power and its role as a global hub for energy, partnerships and innovation. ADIPEC 2025 generated an estimated US$400 million in economic benefits for Abu Dhabi’s economy…

Trump Finalizes US Gulf Lease Sale, Proposes Alaska Sale

Nov 09, 2025

The Trump administration will hold an auction for drilling oil and gas off the U.S. Gulf next month and has proposed another in a waterway in southern Alaska, it said on Friday.The lease sale in the U.S. Gulf of Mexico, which President Donald Trump refers to as the Gulf of America…

Sponsored: Energy and Finance Chiefs Call for Sound Policy, Stable Frameworks at ADIPEC

Nov 07, 2025

Global finance leaders discuss the new era of energy investment defined by pragmatism, diversification and strategic capital allocation    Industry leaders urge fundamentals-based planning amid global volatility, with stable, sound and clear…

Sponsored: Energy Sector Urged to Scale AI Adoption at ADIPEC

Nov 07, 2025

Day two's theme 'The Technology Leap: Redefining Energy Leadership' underscored how strategic AI adoption and digital innovation are reshaping energy leadership, with industry voices calling for coordinated investment to unlock transformation…

Aker Solutions Extends Services Deal on Hebron Platform off Canada

Nov 07, 2025

Aker Solutions has secured a five-year enabling contract extension with ExxonMobil Canada Properties, the operator of the Hebron platform offshore Newfoundland and Labrador.The brownfield maintenance and modification (M&M) contract, valued between $147 million and $245 million…

DNO, Aker BP Strengthen Partnership to Fast-Track Kjøttkake Development

Nov 07, 2025

Aker BP and DNO have signed agreements expanding their cooperation in Norway’s North Sea, strengthening Aker BP’s position in the Alvheim area and accelerating the development of the Kjøttkake discovery.The deals involve an exchange of ownership…

Sponsored: Policy, AI, and Capital Take Center Stage at ADIPEC 2025

Nov 07, 2025

ADIPEC 2025 kicks off in Abu Dhabi with a powerful message from Dr. Sultan Al Jaber for a balanced and inclusive approach to meeting energy demand, built on reinforcement, not replacement. Opening addresses and high-level sessions featuring…

Aker BP’s Well in North Sea Comes Up Dry

Nov 07, 2025

Aker BP and its partners have drilled a well in the Yggdrasil area in the North Sea, which proved to be dry.The well 30/11-16 S, or ‘Natrudstilen’, was drilled in production license 873, just over one kilometer east of Fulla and 155 kilometers west of Bergen…

Equinor Cleared for Drilling Job in Barents Sea

Nov 07, 2025

The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the Barents Sea.The permit is for a wellbore 7220/7-5 in production license 532, operated by Equinor with 46.3% working interest.Equinor’s partners in the license are Vår Energi with 30%…

Halliburton Gets Shell’s Drilling and Completions Contract Offshore Nigeria

Nov 07, 2025

Halliburton has secured an integrated drilling and completion services contract for the HI gas field development in OML 144 offshore Nigeria by Shell Nigeria Exploration and Production Company (SNEPCo), in collaboration with Sunlink Energies…

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