Murphy Oil Corporation has announced an offshore oil discovery in Vietnam and successful appraisal drilling in Côte d’Ivoire, alongside new production milestones at its Lac Da Vang development offshore Vietnam and Chinook field in the U.S. Gulf. Offshore Côte d’Ivoire, Murphy’s Bubale West-1X appraisal well in Block CI-103 encountered approximately 88 ft (27 m) […]
Seadrill Limited has secured new offshore drilling contracts and extensions in Indonesia, Malaysia, Angola and the U.S. Gulf, including a $420 million award for the West Carina drillship, strengthening its contracted rig activity through 2030. In Indonesia, the West Carina was awarded a contract with an undisclosed operator valued at approximately $420 million for a […]
Vallourec has secured a contract from TotalEnergies to supply more than 16,000 tons of tubular products for the development of the Absheron offshore gas field in Azerbaijan’s sector of the Caspian Sea. The contract covers oil country tubular goods (OCTG) and approximately 159 km of line pipe, supporting drilling, completion and pipeline infrastructure requirements for […]
Italian oil and gas company Eni is targeting 2027 for its first exploration well on Block 24, offshore the Republic of Congo, subject to the results of ongoing seismic data analysis. Eni CEO Claudio Descalzi outlined the plan on October 9 after talks with Congolese President Denis Sassou N’Guesso in Brazzaville. After the meeting, Descalzi […]
The Office of the National Security Adviser has unveiled a new operational framework to coordinate security agencies, private surveillance contractors and other stakeholders in Nigeria’s oil and gas industry, following the recovery of more than 2.4 million barrels of stolen crude oil. The framework, known as the Standard Operating Procedure for the Nigerian Oil and […]
Afentra plc has revised its offshore Angola drilling schedule, moving the Borr Grid rig directly to the Impala-2 development well in Block 3/05 ahead of the planned Pacassa SW sidetrack. Both wells are expected to begin production in the first quarter of 2027. Impala-2 is scheduled to spud in mid-October, with drilling and completion operations […]
Malaysian energy services company Yinson Production and Italian oil major Eni plan to invest in expanding gas export capacity at Ghana’s Sankofa field, in a project valued at approximately $810 million aimed at sustaining supplies as reservoir pressure declines. The expansion will increase the gas export capacity of the John Agyekum Kufuor floating production, storage […]
Egypt and Saudi Arabia signed a memorandum of understanding (MoU) to strengthen bilateral cooperation in oil, natural gas and petrochemicals, opening new avenues for energy-sector integration, investment and trade between the two countries. The agreement was signed by Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, and Saudi Arabia’s Minister of Energy, Prince Abdulaziz […]
Petrovietnam plans to invest roughly US$14.23 billion in oil and gas exploration and production during 2026–2030, about 2.3 times the investment made in the previous five-year period, as it seeks to support double-digit growth and maintain domestic energy supplies. The group will prioritise its core exploration and production (E&P) activities, including reserve replacement, production from […]
China’s largest desert oil field has produced more than 26 million tonnes of oil and gas from reservoirs more than 6,000 meters underground, according to China National Petroleum Corporation (CNPC). The output was recorded at the Hade-Fuman oil field, located on the northern edge of the Taklimakan Desert in northwest China’s Xinjiang Uygur Autonomous Region. […]