Panoro Energy has completed the acquisition of the Kosmos Energy subsidiary holding a 40.375% interest in Block G offshore Equatorial Guinea, increasing its total stake in the producing asset to 54.625%, Panoro announced on Wednesday.
Fabrizio Bolondi, vice-chairman and managing director of Nigerian Agip Exploration and Agip Energy and Natural Resources, talks to The Energy Year about Eni’s deepwater growth pipeline.
Ghana is set to drill its first exploration well in the Voltaian Basin between the fourth quarter of 2026 and the first quarter of 2027, the Chief Executive Officer of the Petroleum Commission, Ms Emeafa Hardcastle, has disclosed.
ONGC Videsh Ltd (OVL), the overseas unit of India’s state-owned Oil and Natural Gas Corporation (ONGC), considers reviving operations at its two onshore oil assets in Venezuela as the world’s top crude resource holder is welcoming foreign companies back to its industry.
China’s state-owned oil and gas major and top refiner Sinopec is ramping up exploration in the shale formations of the Sichuan basin with a view to increasing the country’s shale gas production by a third over the next ten years.
Petróleos de Venezuela (PDVSA) and Spain’s Repsol have signed an agreement to increase oil and gas production in Venezuela, including new exploration opportunities around Lake Maracaibo, Reuters reported on Tuesday.
JERA Co Inc has taken delivery of its first cargo of liquefied natural gas (LNG) from the Barossa Gas Project in Australia’s Northern Territory.
Aker BP and DrillDocs are expanding deployment of computer vision technology designed to improve drilling performance and reduce nonproductive time across offshore operations on the Norwegian Continental Shelf.
Equinor has outlined plans to increase production to 2.3 MMboed by 2030, supported by higher investment in oil and gas projects, increased production on the Norwegian Continental Shelf (NCS) and continued growth in its international portfolio.
The U.S.-Iran deal has raised hopes that the oil supply disruption in the Middle East could be nearing its end, but the biggest international tanker operators aren’t rushing to return to the Strait of Hormuz.