Baker Hughes Co. said it sees providing power generation equipment for crude production in Venezuela as its biggest immediate growth opportunity.
ADNOC Gas has signed a long-term liquefied natural gas sales and purchase agreement with Hindustan Petroleum Corporation Limited, strengthening energy ties between the UAE and India as Asian LNG demand continues to grow.
An appraisal well has confirmed Vår Energi ASA’ Zagato oil discovery in the Goliat area on Norway’s side of the North Sea, with preliminary estimated recoverable resources of 21-25 million barrels of oil equivalent (MMboe), the Norwegian Offshore Directorate (NOD) said.
The Tema Oil Refinery (TOR) has said disciplined shipping schedules and tighter operational controls are beginning to pay off with storage tanks now fully stocked, a visible sign that the revived state-owned refinery is regaining operational efficiency after years of underperformance.
Libya has started drilling its first deepwater oil and gas exploration well in the Gulf of Sirte, marking a new step in the country’s offshore energy strategy. The operation is part of a project involving Italy’s Eni, BP, the Libyan Investment Authority, and the National Oil Corporation, according to Libyan media reports on January 17.
DOF Group has secured a large turn-key contract by MODEC Guyana to carry out mooring pre-lay work for the Hammerhead floating production, storage and offloading vessel (FPSO) unit, set for deployment at ExxonMobil’s project offshore Guyana.
Philippines President Ferdinand Marcos said on Monday (Jan 19) that a “significant” discovery of natural gas had been made near the country’s sole producing offshore site.
Seplat Energy Plc has reiterated that oil and gas will continue to play a critical role in Nigeria’s energy mix, stressing the need for operators to conduct their activities responsibly, efficiently, and sustainably.
A senior Syrian government official said a team from the energy ministry was already on the ground to assess the state of major oil fields and the Conoco gas field in Deir al-Zor, although there were no immediate results available yet.
he U.S. Geological Survey has assessed significant undiscovered oil and gas resources in the Woodford and Barnett shales of the Permian Basin, finding 28.3 trillion cubic feet of technically recoverable gas and 1.6 billion barrels of oil.