Within days of taking office incoming Prime Minister Andy Burnham is preparing to announce new drilling for oil and gas in the North Sea as well as taking public control of Thames Water.
Halliburton has secured lump-sum turnkey contracts from Aramco for well delivery across multiple Saudi fields, Halliburton announced on Thursday
The U.S. Energy Information Administration (EIA) raised its U.S. crude oil production forecast for 2026 in its latest short term energy outlook (STEO), which was released earlier this month.
BP Plc said ConocoPhillips will acquire 42% of its stake in a venture that’s redeveloping Iraq’s giant Kirkuk oil fields, a major revival target for the OPEC heavyweight that has experienced output decline since the Iran war began.
With Middle East tensions starting to flare up again, experts have warned that tolls in the Strait of Hormuz look more of a certainty. Some concern has been raised about the impact this could have on international oil prices.
SBM Offshore & Technip Energies Joint Venture (STS JV) and TotalEnergies have partnered with French company Beyond the Sea to evaluate kite traction towing for the FPSO vessel to be deployed in Suriname’s GranMorgu project, SBM Offshore said on Wednesday.
Delfin Midstream has advanced development of its second floating liquefied natural gas (FLNG) vessel offshore Louisiana by bringing in MidOcean Energy as a strategic partner and authorizing procurement of long-lead equipment ahead of a targeted final investment decision (FID) later this year.
Halliburton has secured a multi-year contract from Aramco to provide integrated stimulation and completion services for unconventional gas development in Saudi Arabia’s Jafurah basin, supporting one of the world’s largest unconventional gas programs.
Blake Denton, senior vice-president of marketing and contracts at Noble, talks to The Energy Year about tightening offshore drilling demand in South America and West Africa and the company’s strategic optimisation after major M&A deals.
Deputy Prime Minister and Foreign Minister (DPM/ FM) Senator Mohammad Ishaq Dar on Wednesday chaired a meeting to review the progress of the exploration and production activities in the oil and gas sector