Oman’s Ministry of Energy and Minerals announced the launch of a new package of oil and gas concession areas at an international conference organised by the American Association of Petroleum Geologists and hosted by Petroleum Development Oman (PDO). The new areas will be distributed between marine and onshore areas, including Concession Area No. 18 located in the southern Sea of Oman.
SLB has announced an agreement to create Turnwell Industries LLC OPC, a joint venture with ADNOC Drilling Company, SLB and Patterson-UTI. The joint venture will allow the three companies to leverage leading innovations in AI, smart drilling design, completions engineering and production solutions.
Uganda on Monday received the first batch of coated line pipes for the East African Crude Oil Pipeline, which was delivered to the main camp and pipe yard in Kyotera District, signalling the project developers’ intent to fast track the laying and construction of the cross-border pipeline in both Uganda and Tanzania.
The Chief Executive Officer of the Association of Oil Marketing Companies (AOMC), Dr. Riverson Oppong, has been appointed as the Africa Regional Director of the Society of Petroleum Engineers (SPE).
Springfield Exploration and Production (E&P) has secured the Deepsea Bollsta rig from Northern Ocean Limited (NOL) to lead the appraisal of the Afina-1x well in Ghana’s offshore West Cape Three Points Block 2 (WCTP-2).
The upstream petroleum sector is gearing up to bring on-stream its fourth oil field, the Pecan Oil Field, with peak production expected to reach up to 80,000 barrels of oil per day, according to chief executive of the Petroleum Commission, Egbert Faibille.
Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today the successful start-up of oil production at the Winterfell development in the Green Canyon area of the U.S. Gulf of Mexico.
The Bureau of Safety and Environmental Enforcement (BSEE) has activated its Hurricane Response Team and is monitoring offshore oil and gas operators in the Gulf of Mexico as they continue their response to Hurricane Helene.
Worry about oil supply disruption in the Middle East pushed Brent crude and West Texas Intermediate higher earlier today in Asian trade, as Israel continues to pound Lebanon after the killing of the Hezbollah leadership last week. It also struck targets in Yemen, signaling it was willing to expand the conflict.
INTERNATIONAL oil and gas companies and various stakeholders positively respomded for the first round of Zanzibar block allocations where bids were invited last March, the government has declared.