GNPC Explorco and Tamale Technical University (TaTU) have institutionalised a strategic partnership aimed at bridging the gap between the upstream petroleum industry and academia.
Libya reached its highest daily production since 2013, recording 1.44 million barrels per day (MMbpd) on Sunday, the National Oil Corp (NOC) said.
Ghana is positioning itself as West Africa’s gas trading hub, with more than $3.5 billion committed to address a supply gap that imports from Nigeria alone cannot close.
Iraq is preparing to boost oil exports from its southern ports with a formal deal to open the Strait of Hormuz scheduled to be signed on Friday.
Trendsetter Vulcan Offshore (TVO) has deployed its Hercules tethered blowout preventer (TBOP) system to support the workover of a shut-in well in the Gulf of America, enabling a deepwater dynamically positioned (DP) rig to safely conduct operations in shallow water.
Transocean has secured approximately $185 million in new contract backlog through awards for two harsh-environment semisubmersible rigs operating in Norway and Australia.
Vår Energi has taken final investment decision (FID) on the Balder Next New Wells project in the North Sea, advancing the next phase of development in the Balder area and adding 86 MMboe of reserves tied to the Jotun FPSO.
Saudi Arabia’s energy major Aramco is considering selling a stake in its sulfur business, eyeing proceeds of up to $7 billion, Reuters has reported, citing unnamed sources.
Kosmos Energy has completed the sale of its interests in the Ceiba Field and Okume Complex production assets in Block G offshore Equatorial Guinea to Panoro Energy, advancing the company’s strategy to streamline its portfolio and strengthen its balance sheet.
Zululand Energy Terminal (ZET) has signed a Heads of Agreement (HoA) with ExxonMobil South Africa LNG Ltd., advancing plans for South Africa’s first liquefied natural gas (LNG) import terminal at the Port of Richards Bay.