ADNOC has approved a $6.2 billion (AED22.6 billion) final investment decision (FID) for the Umm Shaif Gas Cap development offshore Abu Dhabi, advancing a major natural gas project expected to deliver more than 600 MMscfd of natural gas and associated gas liquids by 2030. The project, located within the Umm Shaif and Nasr offshore concession, will be developed by ADNOC Offshore, […]
Vår Energi has agreed to combine with BlueNord in a transaction that will create the largest independent oil and gas producer in Europe, expanding Vår Energi’s footprint into the Danish Continental Shelf while boosting production, reserves and cash flow. The boards of both companies have unanimously approved the transaction, which will be executed through a merger of BlueNord […]
Nigeria’s upstream oil regulator said on Tuesday that 31 companies had emerged winners of 37 oil and gas blocks in the country’s 2025 licensing round, following a competitive bidding process. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said 143 companies submitted 200 bids for 37 of the 50 blocks offered in the round, which was […]
UK energy industry leaders are calling on newly appointed Prime Minister Andy Burnham to overhaul North Sea oil and gas policy, arguing his new government has an opportunity to improve investment conditions while maintaining the country’s energy transition.
The Tema Oil Refinery (TOR) has received one million barrels of Ghana’s indigenous Jubilee Sweet Crude, delivered aboard MT Apache on July 15, 2026.
The Minister of Energy and Green Transition, Dr John Abdulai Jinapor, has disclosed that an agreement for the Petroleum Hub project to take off is close to being signed in line with government’s resolve to develop the project in the Jomoro Municipality of the Western Region.
Dem don sign off one of Africa most ambitious energy infrastructure projects as West African leaders formally endorse di long-awaited Nigeria-Morocco Atlantic Gas Pipeline.
Adilson Nelumba, CEO of Copia Group of Companies, talks to The Energy Year about the benefits of local, third-party supervision of large construction and energy projects, and the company’s expansion into AI-driven seismic interpretation and reservoir modelling software.
Tamboran Resources has completed the largest hydraulic fracturing campaign ever conducted in Australia’s Beetaloo basin, successfully stimulating three horizontal wells as the company advances toward first gas production in the Northern Territory.
Lionheart Capital is close to a $400 million deal for a stake in a Venezuelan oil field, in what would be one of the first major private investments in the country’s oil industry since the U.S. began easing sanctions.