The European Union’s executive arm wants to adopt recommendations next week delaying penalties on energy imports that fail to comply with the bloc’s controversial methane emissions regulation.
A coalition of UK energy producers, manufacturers, trade unions and industrial organizations has urged Labour MPs to support continued North Sea oil and gas development, arguing domestic production remains essential to the country’s energy security, industrial competitiveness and long-term economic growth.
ExxonMobil is advancing a dual-track upstream strategy in Angola focused on extending production from mature offshore assets while expanding exploration in frontier basins, underscoring the company’s long-term commitment to one of Africa’s largest oil-producing nations.
Helder Machado, Angola deputy general manager at TechnipFMC, talks to The Energy Year about the importance of Angola as a hub for delivering projects across Africa and beyond, and the cost and efficiency benefits enabled by the company’s integrated EPCI platform.
Ghana’s offshore oil and gas industry is showing renewed signs of recovery after years of declining output, with new drilling activities, planned investments and licence extensions expected to boost production and strengthen the country’s energy security.
South Africa plans to increase its strategic oil reserves for the first time since the apartheid government stockpiled crude, adding to measures across the continent to mitigate supply shocks.
Marubeni has sold its 12.5% interest in the Big Foot oil and gasfield in the US Gulf to Modiin Energy and Eventide Partners, the companies said on Thursday.
Peninsula Pipeline Company (PPC), a subsidiary of Chesapeake Utilities, will develop, construct and operate a USD 1.2-billion natural gas pipeline in southern Florida to expand its transportation capacity in the state, Chesapeake announced on Monday.
Halliburton has been awarded integrated drilling and completions contracts for the GranMorgu deepwater development offshore Suriname, a long-term project operated by TotalEnergies that will utilize digital workflows and automation to support well construction.
Unity has entered the Asia-Pacific market after securing its first regional contract in partnership with Malaysia-based Reservoir Link Sdn. Bhd. to deliver a three-well rigless intervention program for a major international offshore operator in Malaysia.