South Sudan has moved troops into Sudan’s Heglig oil field under what it calls a tripartite agreement with Sudan’s two warring factions. The move is a rare arrangement aimed at shielding critical oil infrastructure as fighting escalates across West Kordofan.
Valaris has secured a multi-year contract from Shell for the drillship VALARIS DS-8 for operations offshore Brazil, the company said on Wednesday.
Petroleum Development Oman (PDO) has signed a 15-year agreement with Kuwait’s SPETCO to develop the Budour Tayseer Gas Project in Oman, local media reported on Thursday.
The Human and Environmental Development Agenda (HEDA) Resource Centre has called for deliberate sequencing and sustained political will to strengthen reforms in the Nigerian oil and gas sector. The body made the call while unveiling a comprehensive report on petroleum environmental governance in Nigeria. The report is titled “Nigeria’s Petroleum-Environmental Governance: Law, Policy, and Reform […]
The Government of Guyana and ExxonMobil Guyana on Tuesday last launched a new Oil and Gas Corner at the New Amsterdam National Library, an initiative aimed at demystifying the oil and gas industry and inspiring young Guyanese to pursue careers in the sector. According to a Ministry of Finance release, speaking at the official opening, […]
France’s Maurel & Prom and Norway’s BW Energy have signed an agreement to acquire Azule Energy’s stakes in two producing offshore blocks in Angola, the companies said on Friday.
Several international energy companies are expected to join the MSGBC region’s upstream market in the coming months, as operators target exploration opportunities in The Gambia, Guinea-Bissau and Guinea-Conakry. Speaking at the MSGBC Oil, Gas & Power 2025 conference this week, Ben Sayers, Partner & Energy Specialist, GeoPartners, explained that the south of the MSGBC region has not yet heralded a major discovery, but expected forays by international companies could potentially turn this trend around.
President Trump has removed legislative protections from the Biden presidency that restricted oil and gas exploration in Alaska, including the Arctic National Wildlife Refuge and federal lands in the state.
SLB has signed a strategic agreement with Shell to co-develop AI and digital solutions targeting performance gains in US upstream operations, the company said on Thursday.
BP has started production from the Atlantis Drill Center 1 expansion in the US offshore, marking its seventh major upstream startup of 2025, the company said on Thursday.