Egypt's giant Zohr gas field will start production after resuming drilling within weeks, Prime Minister Mostafa Madbouly said on Thursday, adding that operator ENI had a plan to expand drilling in the next two years.Production had been curbed because of arrears owed to foreign oil companies…
Brazilian oil and gas firm Brava Energia has signed a contract with Trafigura for the sale of oil from the Atlanta field, offshore Brazil.The contract is for the sale of a total volume of 6MM barrels of oil produced by the consortium in Atlanta field…
Norwegian oil and gas investments this year will exceed the record levels of 2024, driven by a flurry of development projects, a national statistics office (SSB) industry survey showed on Thursday.The country's biggest business sector forecast investment of 253…
ARO Drilling, a joint venture between Aramco and Valaris, and International Maritime Industries (IMI) have signed an agreement to build a new jack-up drilling rig, Kingdom 3, which will be the first to be constructed in the Kingdom of Saudi Arabia…
T12 Engineering has established a new office in Oslo, marking a significant step in its strategic expansion into Norway’s oil and gas market.The specialist U.K. firm is targeting independent owner-operators in Norway’s oil and gas sector looking…
Seatrium and BP have signed the Memorandum of Understanding (MOU) in preparation for a second project, the Tiber Floating Production Unit (FPU), in the U.S. Gulf of America.Under the MOU for the Tiber project, Seatrium would provide services to carry out the engineering…
Offshore drilling contractor Vantage Drilling has entered into a marketing agreement with Eldorado Drilling for the seventh generation ultra-deepwater drillship Dorado.Vantage Drilling will market the Dorado drillship for drilling opportunities in various locations in Africa…
Offshore accommodation rig firm Floatel International has secured firm contract with an undisclosed client North Sea client for Floatel Superior.Floatel Superior will provide services in the second quarter of 2026 under the three-month contract…
The government of Trinidad and Tobago and Woodside Energy have reached an initial agreement on the commercial terms for developing the company's Calypso deepwater gas discoveries, moving the project one step closer to a final investment decision…
TotalEnergies and the Gujarat State Petroleum Corporation Limited (GSPC), a state-owned oil and gas company, announced the signing of a long-term Sale and Purchase Agreement (SPA) for a term of ten years starting in 2026.Under this agreement…
Oslo-listed Vaar Energi, majority-owned by Italy's Eni, raised its dividend on Tuesday as the oil and gas exploration and production company reported a fourth-quarter operating profit in line with expectations.Vaar's earnings before interest…
TotalEnergies and Aker BP are seeking an independent review of their stakes in Equinor's Johan Sverdrup oilfield with a goal of boosting their holdings in the North Sea's largest producing field, Aker BP said on Wednesday.Built across several offshore oil and gas licences…
Brazil's Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its reserves as it expects output to fall after 2030, a senior executive said on Wednesday.The Brazilian state energy firm is in talks with companies…
Frontera Energy Corporation and CGX Energy have received a notice from the Government of Guyana for the cancelation of license for the Corentyne block offshore the South American country.According to the joint venture partners, Guyana has taken the position that the license…
BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable production in the years ahead, a senior manager at the international energy major told Reuters.BP currently operates 21 gas wells in Shah Deniz…
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