Talos Energy Inc said on Thursday it will buy EnVen Energy Corp, a private producer in the deepwater U.S. Gulf of Mexico, in a $1.1 billion deal including debt.The acquisition will add 24,000 barrels of oil equivalent per day of production for…
Indonesia will launch a second auction of oil and gas blocks this year as it seeks to cash in on high energy prices and boost output after decades of decline due to a lack of exploration and investment, officials said on Wednesday.Southeast…
The first of two subsea compression stations built for Shell's Ormen Lange offshore field has arrived at Horsøy, OneSubsea’s Centre of Excellence, outside of Bergen.This is according to Mads Hjelmeland – Managing Director, OneSubsea Processing…
Norway's crude oil output in August missed the official forecast, while gas output exceeded expectations, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Wednesday.Crude oil output rose to 1.77 million barrels per day (bpd) in August from 1…
Italy's commissioner for the set up of a new regasification terminal is confident the infrastructure could get the green light by the end of October, in time for extending the country's LNG capacity at the beginning of 2023.Under the government's energy plan…
Exxon Mobil Corp is uncertain whether it will bid for new offshore areas Guyana wants to explore, a person close to the matter said, as the oil major ramps up production faster than expected and the South American country wrestles with fixing terms of new oil leases…
Bursa Malaysia-listed firm Ranhill Utilities said Wednesday that its affiliate firm Perunding Ranhill Worley had won a contract with the Thai oil firm PTTEP to provide front-end engineering and design (FEED) services for offshore facilities for SK410B Lang Lebah development project…
U.S. climate envoy John Kerry cautioned against investing in long-term gas projects in Africa as countries in the region, some hoping to tap recent oil and gas discoveries, wrestle with how to power their development with clean energy.'We are not saying no gas…
TotalEnergies 11B/12B offshore gas field could make a direct annual contribution of at least 8 billion rand ($457 million) to South African government finances, the country's petroleum regulator said on Thursday.'That is not just the overall…
Kazakhstan's vast Kashagan oilfield, where production sharply declined following an emergency gas release last month, will resume output at usual levels 'in October at best', Kazakh Energy Minister Bulat Akchulakov told Reuters on Friday.Production at Kashagan…
Norway's trade surplus rose to a record 197.7 billion Norwegian crowns ($19.54 billion) in August, boosted by soaring prices for its gas exports to Europe, national statistics agency data showed on Thursday.With a daily output of around 4 million barrels of oil equivalent…
Australian oil and gas company Woodside on Thursday published the final Environmental Impact Statement (EIS) for the proposed Browse toNorth West Shelf (NWS) Project in Australia, as directed by the Australian Department of Climate Change, Energy…
Brazilian oil and gas company Enauta said Wednesday that its Atlanta field in the Santos Basin offshore Brazil had resumed its production through well 7-ATL-2HP-RJS. 'The second well should start operating next and, by the end of September,…
Scientists who detected a massive methane leak at an offshore platform run by Mexico's Pemex said Tuesday there was 'no way' they had made a mistake, roundly rebutting claims by the state oil company that the emissions were smaller and less polluting…
UK-based oil and gas company Tailwind Energy has started production from its Evelyn field in the North Sea, a tie-back development connected to Dana Petroleum's Triton FPSO via a subsea production line and umbilical services line.Evelyn is located in licence P…
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