BW Energy has completed drilling operations on the Kharas-1 appraisal well in the Kudu license area, offshore Namibia, confirming the presence of hydrocarbons.The well, drilled with Odfjell Drilling-managed Deepsea Mira rig, reached a total depth of 5…
Pakistan approved a new offshore exploration consortium on Tuesday, clearing Turkish Petroleum Overseas Company to take over operatorship of the Eastern Offshore Block-C as part of a push to revive drilling, the adviser to the finance ministry said…
The Syrian Petroleum Company, U.S.-based ConocoPhillips COP.N and Novaterra have signed a memorandum of understanding to expand cooperation in the natural gas sector, Syria's energy ministry said on Tuesday.Due to the destruction of energy infrastructure during its 14-year civil war…
A Norwegian appeals court ruled in favour of environmentalists and against the government on Friday by confirming a lower court's decision that the energy ministry's approval of the development of three offshore oil and gas fields was invalid…
ExxonMobil Guyana and its Stabroek block co-venturers, Hess Guyana Exploration and CNOOC Petroleum Guyana, have reached a new milestone in the South American country, with the production rising to 900,000 barrels of oil daily.The achievement…
Nigeria will begin a fresh round of oil licensee auction from next month, the oil regulator said on Tuesday in London, as part of plans to revive idle assets and grow production.'We are announcing that we are ready, following the approval of…
Oil producers TotalEnergies, Qatar Energy and Petronas have signed a five-year agreement with Guyana's government to explore a shallow-water block, authorities and company executives said on Tuesday.Guyana has struggled to diversify its energy industry…
Occidental Petroleum beat Wall Street expectations for third-quarter profit on Monday, as higher production helped the U.S. shale producer counter weaker oil prices.U.S. oil and gas output rose to a record in August even as benchmark Brent crude…
The database with released geochemical data is updated twice a year with data from recently released wells in Diskos.The Norwegian Offshore Directorate (NOD) has renewed the agreement with IGI (Integrated Geochemical Interpretation) to update the database for the next five years…
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 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…
Arcius Energy, a joint venture between ADNOC’s XRG and BP, has secured full production and exploration rights for the Burj offshore concession in the Mediterranean, which includes Harmattan gas field offshore Egypt.The agreement was signed during…
ADNOC Drilling said on Wednesday it would buy an 80% stake in regional drilling and oilfield services provider MB Petroleum Services for an enterprise value of $204 million (749 million dirhams), marking a further expansion in the Gulf.The deal…
The Middle East continues to stand out as one of the most active regions for offshore support vessel activity, underpinned by the strategic expansion plans of national oil companies (NOCs) to boost offshore oil and gas production. A series of…
The CEO of QatarEnergy, one of the world's biggest liquefied natural gas producers, told Reuters on Monday that the company's massive North Field expansion project will produce its first LNG in the second half of 2026.The state-owned company said in May that first production at the field…
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