UK energy and union bosses have called on the country’s ruling Labour party to prioritize indigenous oil and gas production over imports, for the sake of energy security, jobs and climate goals, days before Andy Burnham is set to take over as prime minister. In an open letter to the Parliamentary Labour Party, dated July […]
With Middle East tensions starting to flare up again, experts have warned that tolls in the Strait of Hormuz look more of a certainty. Some concern has been raised about the impact this could have on international oil prices.
DPM/FM Ishaq Dar on Wednesday reaffirmed that increasing domestic oil and gas production remained a key priority of the government’s energy security agenda and assured full support to provide a secure and enabling environment for the sector. The DPM/FM chaired a meeting of the Committee on the Exploration and Production (E&P) sector. The committee reviewed […]
Greenfire Resources Ltd. signed a final agreement to acquire the assets of the oil and gas company Connacher Oil and Gas Limited for $907.4 million. This is reported in the Greenfire press release. The deal is aimed at expanding Greenfire’s production capabilities in the competitive oil sands market. By 2026, the Connacher Great Divide project in […]
SBM Offshore & Technip Energies Joint Venture (STS JV) and TotalEnergies have partnered with French company Beyond the Sea to evaluate kite traction towing for the FPSO vessel to be deployed in Suriname’s GranMorgu project, SBM Offshore said on Wednesday.
Delfin Midstream has advanced development of its second floating liquefied natural gas (FLNG) vessel offshore Louisiana by bringing in MidOcean Energy as a strategic partner and authorizing procurement of long-lead equipment ahead of a targeted final investment decision (FID) later this year.
Halliburton has secured a multi-year contract from Aramco to provide integrated stimulation and completion services for unconventional gas development in Saudi Arabia’s Jafurah basin, supporting one of the world’s largest unconventional gas programs.
Blake Denton, senior vice-president of marketing and contracts at Noble, talks to The Energy Year about tightening offshore drilling demand in South America and West Africa and the company’s strategic optimisation after major M&A deals.
Deputy Prime Minister and Foreign Minister (DPM/ FM) Senator Mohammad Ishaq Dar on Wednesday chaired a meeting to review the progress of the exploration and production activities in the oil and gas sector
Libya’s Akakus Oil Operations Company announced on Wednesday that its crude production reached a 12-year high in July, averaging 332,056 barrels per day.