Petro-Victory Energy has signed a sales & purchase agreement (SPA) in 50/50 partnership with Azevedo & Travassos Petroleo (ATO) for 13 oil fields located in the Potiguar Basin, onshore Brazil, from seller Brava Energia.
Kosmos Energy has announced that first liquified natural gas (LNG) production has been achieved at the bp-operated Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania & Senegal.
Bluewater, a specialist energy private equity firm, has signed a purchase agreement to sell Apex International Energy, an independent E&P company focused on the prolific Egyptian upstream market.
Energy stakeholders from Ghana and Nigeria convened at the Kempinski Hotel in Accra for a high-level engagement meeting last Friday.
This was initiated at the request of Nigeria’s Minister of State for Petroleum Resources, Ekperipe Ekpo.
Outlooks for liquefied natural gas markets have been extremely bullish in recent months thanks to the one-two punch of Europe’s open-arms embrace of any form of fuel that can’t be traced back to the Kremlin and the United States’ new petro-philic administration change.
Norway’s Equinor has become the latest energy company to stem its green growth plans as the backlash against renewables continues.
The U.K.’s controversial Rosebank oilfield, which was approved for development in the North Atlantic in September 2023, by the former Conservative government, has faced severe delays as environmentalists battled to block the development.
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 6-rig increase in the week prior.
ADNOC Gas has achieved a record-breaking net income of USD 5 billion for 2024, a 13% increase over 2023, the gas-focused ADNOC subsidiary said on Friday.
United Energy (MENA) Limited, a wholly-owned subsidiary of Chinese independent United Energy Group (UEG), has acquired the upstream oil and gas assets held by US independent Apex International Energy in Egypt, UEG announced on Friday.