McDermott and Saipem, through their SMDC joint venture, have received a letter of intent from ExxonMobil for limited preliminary engineering and procurement services supporting the Rovuma LNG Phase 1 development in Mozambique’s Area 4 block, the companies said on Thursday.
BP has agreed to sell a 20% stake in the Trinidad and Tobago portion of the cross-border Cocuina-Manakin natural gasfield to state-owned National Gas Company (NGC), Reuters reported on Monday.
Libya’s National Oil Corporation may declare force majeure on exports from the Zawya oil terminal as a result of drone attacks on the facility.
Egypt and Libya are reportedly nearing a deal to build an 800-kilometer oil pipeline connecting Tobruk with Alexandria, creating a direct route for growing Libyan crude production to reach Egyptian refineries as the war with Iran disrupts Egypt’s traditional Gulf supplies.
The Minister for Energy and Green Transition, John Abdulai Jinapor, has lauded the Ghana National Gas Limited Company (Ghana Gas) for its strong operational and financial performance, describing it as a critical pillar in Ghana’s energy security and industrialisation drive.
Home » Turkmenistan Hits Commercial Gas at Caspian Magtymguly Field
Turkmenistan Hits Commercial Gas at Caspian Magtymguly Field
10/08/2026 By Admin
A commercial flow of natural gas has been recorded at the Magtymguly field in Turkmenistan’s sector of the Caspian Sea following the drilling of appraisal and production well A8.
Hungary’s MOL Group captures a major project within the EU and its largest upstream opportunity since it farmed into in Azerbaijan’s ACG offshore field.
The first phase of China’s Bozhong 19-6 gas field, the country’s first 100-billion-cubic-meter-scale gas field in the Bohai Sea, has entered full operation, with daily oil and gas output exceeding 5,200 tonnes, China National Offshore Oil Corporation said on Sunday.
Nigeria’s plan to turn its state oil company, Nigerian National Petroleum Company Limited (NNPC), into a publicly traded firm is back on the table, ten years after officials first floated the idea in November 2016 and then let it stall.
Petroleum Minister Ali Pervaiz Malik on Sunday said plans were underway to launch a scheme with Saudi Arabia, Kuwait and Qatar for oil storage to strengthen energy security.