Valeura Energy has received Thai government approval for its farm-in to two PTTEP blocks in the Gulf of Thailand, giving the company a 40% working interest in the offshore acreage. Thailand’s Cabinet approved the transfer of interests in Blocks G1/65 and G3/65 from PTTEP Energy Development Co., a subsidiary of PTT Exploration and Production (PTTEP), […]
Borr Drilling has agreed to divest its 51% equity interest in Mexican joint venture Perfomex to its longtime local partner while retaining ownership of three jackup rigs currently working for Pemex. Following the transaction, Borr’s local partner will become the sole owner of Perfomex and assume responsibility for managing and operating the Galar, Gersemi […]
Halliburton has secured a multi-year contract from Eni to provide integrated drilling, well construction and completions services for the Cronos ultra-deepwater gas development offshore Cyprus. The contract covers exploration and development wells in Block 6 of Cyprus’ Exclusive Economic Zone in the Eastern Mediterranean. Halliburton will provide bundled well services designed to streamline execution […]
TotalEnergies and Mistral have launched a three-year, more than $115 million artificial intelligence program aimed at developing advanced models for oil and gas exploration, reservoir characterization and field development. The partnership will combine TotalEnergies’ subsurface data and nearly a century of geoscience and reservoir engineering expertise with Mistral’s artificial intelligence capabilities, including agentic AI. […]
THE Africa Gas & LNG Summit (AfGLNG) will take place in Maputo from 11-13 November 2026, bringing together government leaders, energy executives, investors and industry experts to examine how Africa can convert its gas resources into wider economic opportunity. The summit will be held at the Joaquim Chissano International Conference Centre, under the official patronage […]
On Monday, the Dangote Petroleum Refinery launched an initial public offering (IPO). It issued 4.1 billion ordinary shares, worth a total USD 1.6 billion (NGN 2.15 trillion), or a 3% stake in the company. The IPO, if fully subscribed, will be Africa’s largest ever, and the company could exercise an option to raise the offering […]
Senegal and Eni have signed a memorandum of understanding covering the assessment of five offshore oil blocks as Dakar seeks to revive exploration and attract new energy investment. Eni will finance technical studies on blocks SN01M, SN02M, SN03M, SN07M and SN40M, but the preliminary agreement does not include drilling at this stage. Senegal plans to […]
Ghana’s national exploration company, GNPC Explorco, has showcased the investment and exploration potential of the Voltaian Basin as the country seeks to attract fresh investment into its upstream petroleum sector. The presentation was made during Ghana Day at AOW:Energy 2026 in Accra, which brought together governments, national oil companies, international operators, investors and financial institutions […]
China National Petroleum Corporation (CNPC) Chairman Dai Houliang met with India’s Petroleum and Natural Gas Minister Hardeep Singh Puri in New Delhi, with the two sides exchanging views on deepening energy cooperation, according to CNPC on Monday. Speaking at the meeting, Dai said that in recent years, the leaders of China and India have met […]
Iraq plans to increase investment in gas production to achieve self-sufficiency, as well as to boost oil output over the next five years, Iraqi Prime Minister Ali al-Zaidi has said. Speaking during a meeting in France with a delegation led by TotalEnergies CEO Patrick Pouyanné, he outlined that this will allow Iraq to reach production […]