1947 Oil & Gas begins AIM trading following U.S. Gulf acquisition
(World Oil) – 1947 Oil & Gas plc has begun trading on the AIM market of the London Stock Exchange, […]
Offshore
Eni awarded deepwater exploration block in Indonesia’s Kutei basin
(World Oil) – Eni has been awarded a 100% participating interest in the Sapukala offshore exploration block in Indonesia’s Kutei basin […]
Shell completes $840 million U.S. Gulf asset sale to Talos, Ridgewood
(World Oil) – Shell Offshore Inc. has completed the sale of its interests in the Na Kika platform and Coulomb […]
Borr Drilling divests Mexico joint venture stake, retains three jackup rigs
(World Oil) – Borr Drilling has agreed to divest its 51% equity interest in Mexican joint venture Perfomex to its longtime […]
Energy Holdings, Ventura Offshore sign LOI for $1 billion combination
(World Oil) – SED Energy Holdings Plc and Ventura Offshore Holding Ltd. have signed a letter of intent (LOI) for […]
U.S. crude oil production on track for record 13.8 MMbpd in 2026, EIA says
(World Oil) – U.S. crude oil production is on track to reach a record average of 13.8 MMbpd in 2026, driven by continued […]
Equinor eyes major oil discovery offshore Namibia
(Oil Price) – Norway’s energy major Equinor hopes to make a “pretty big” oil discovery offshore Namibia, the global exploration hotspot […]
bp awards Halliburton drilling services contract for Bumerangue appraisal
(World Oil) – bp has awarded Halliburton an integrated drilling services contract for the first appraisal campaign at the Bumerangue field offshore Brazil, as the operator […]
Pemex and Petrobras bet big on high-risk high-reward drilling off Mexico
(Oil Price) – Mexico’s state oil firm Pemex and Brazil’s national oil company Petrobras are joining efforts and expertise to drill […]
Chevron strikes oil and gas in Angola’s Block 0, eyes tieback development
(World Oil) — Chevron has made an oil and gas condensate discovery in Block 0 offshore Angola, encountering more than 300 ft of net […]