The Acting Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Mr Kwame Ntow Amoah, has unveiled an ambitious vision to redefine local content as the cornerstone of Ghana’s energy independence and long-term operatorship. Speaking at the opening of the 2025 Local Content Conference and Exhibition in Takoradi, Mr Amoah called for a paradigm […]
Acting Chief Executive Officer of the Ghana National Petroleum Corporation, Kwame Ntow Amoah, has reaffirmed the Corporation’s leadership in revitalising Ghana’s upstream petroleum sector.
Italian major Eni and Malaysia’s national energy company Petronas have signed a binding agreement to create a 50-50 joint venture (NewCo) combining their upstream assets in Indonesia and Malaysia, the companies announced on Monday.
SLB has launched Tela, an agentic AI assistant designed to transform oil and gas exploration and production workflows, the company said on Monday.
Africa’s oil and gas industry is entering a new phase of consolidation and exploration as mergers, acquisitions, and fresh licensing rounds reshape the continent’s upstream landscape heading into 2026.
Abu Dhabi’s Upper Zakum offshore oil field is likely to reach its target for expanding production capacity ahead of schedule, said ExxonMobil Chief Executive Officer Darren Woods.
Nigeria’s national oil company is set to increase oil production to 2 million barrels daily over the next two years, its executive vice president for upstream said. By 2030, NNPC will be pumping 3 million barrels daily, Udy Ntia also said, as quoted by the News Agency of Nigeria.
Libya’s National Oil Corporation (NOC) said on Tuesday its wholly-owned subsidiary Arabian Gulf Oil Company (ACOGO) has made a new oil discovery in the Ghadames basin in northwestern Libya, close to the Libyan-Algerian border.
In a statement posted on its website recently, 80 Mile Plc announced that an independent petroleum reserves and resources evaluation identified “13 billion barrel potential” at Jameson Land Basin in Greenland. “80 Mile plc … notes the recent announcement … by its U.S. joint venture partner, March GL Company and Pelican, regarding the results of an independent assessment and […]
SM Energy Co. and Civitas Resources Inc. have agreed to merge in an all-stock transaction valued at approximately $12.8 billion, creating one of the largest independent oil-focused producers in the United States. Under the terms of the agreement, Civitas shareholders will receive 1.45 shares of SM Energy common stock for each Civitas share. Upon completion, […]