Yinson Production, the Singapore-based unit of Malaysian energy infrastructure group Yinson Holdings, will open an office in Namibia in January 2026 to tap into the country’s burgeoning oil and gas sector.
Italy’s Eni has completed the sale of a 49.99% stake in its carbon capture subsidiary Eni CCUS Holding to Global Infrastructure Partners, the company said on Thursday.
Japan Petroleum Exploration Co., Ltd. (JAPEX) has approved the acquisition of U.S. tight oil and gas assets through the purchase of all equity interests in Verdad Resources Intermediate Holdings LLC, marking a significant expansion of its North American upstream portfolio.
Egypt’s multibillion-dollar natural gas deal with Israel is “purely commercial” and has no bearing on its support for Palestinian rights, a government spokesman has said.
Government has assured investors that Ghana’s upstream petroleum sector remains a safe and attractive destination for investment, as it rolls out reforms across both the upstream and downstream segments to enhance stability in the energy and power sectors.
GNPC Explorco, the exploration subsidiary of the Ghana National Petroleum Corporation (GNPC), is gearing up for a major milestone in the country’s energy sector with the upcoming operations in the Voltaian Basin.
DNO ASA, the Norwegian oil and gas operator, today announced that it has placed its North Sea oil production with subsidiaries of Exxon Mobil Corporation and Shell plc effective 1 January 2026 and secured related offtake financing facilities for up to USD 410 million.
Brazil, Guyana, and Argentina are set to be major drivers of non-OPEC oil supply growth in 2026, accounting for half of the expected 0.8 million barrels per day (b/d) increase in 2026 the U.S. Energy Information Administration has predicted. According to the energy watchdog, Brazil’s growth will mainly be driven by new offshore pre-salt projects coming […]
Offshore contractor SBM Offshore has secured a contract extension for the lease and operation of the FPSOs Mondo and Saxi Batuque on Block 15 offshore Angola, extending its involvement in the assets through 2032. The agreement was signed with Esso Exploration Angola (Block 15) Ltd., an affiliate of ExxonMobil and operator of the block. The extension includes life-extension activities such […]
(WO) – Subsea services provider DeepOcean has been awarded a new long-term inspection, maintenance and repair (IMR) frame agreement by Vår Energi covering the operator’s assets on the Norwegian Continental Shelf. The five-year contract runs through October 2030 and includes options to extend for up to an additional four years. Under the agreement, DeepOcean will deliver IMR services across […]