Saipem has been awarded two offshore contracts by Aramco worth a combined $400 million to support development work at the Safaniya field, one of the world’s largest offshore oil fields.
BGN has entered the LNG shipping market through a joint venture with Capital Clean Energy Carriers Corp. (CCEC) to charter and operate its first liquefied natural gas carrier, Amore Mio I.
Kosmos Energy (NYSE/LSE: KOS) announced today the following schedule for its first quarter 2026 results
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose 6.10 million barrels in the week ending April 10. In the week prior, US crude oil inventories rose by 3.719 million barrels. Analysts had expected a 1.3 million barrel draw.
Masar Petroleum has made a hydrocarbons discovery in the Hasirah Ridge in Oman’s Block 7, the company announced on Tuesday.
Chinese petrochemical makers have started idling capacity as the cost of their feedstocks rises amid the Middle East war, Bloomberg has reported, noting that output is down to the lowest in three years.
In a release sent to Rigzone recently, Eni announced a “significant” gas and condensate discovery offshore Egypt.
Italian Premier Giorgia Meloni said it was too early to consider tapping Russian gas despite the Iran war driving up energy prices and squeezing supply.
Senegal is advancing its hydrocarbon development strategy with new regulatory reforms and growing upstream activity, as the country moves to build out a more integrated oil, gas and power sector.
The head of Morocco’s National Office of Hydrocarbons and Mines, Amina Benkhadra, has disclosed that an intergovernmental agreement on the proposed $25 Billion Nigeria-Morocco gas pipeline will be signed before the end of 2026.