Springfield Exploration and Production (E&P) has secured the Deepsea Bollsta rig from Northern Ocean Limited (NOL) to lead the appraisal of the Afina-1x well in Ghana’s offshore West Cape Three Points Block 2 (WCTP-2).
The upstream petroleum sector is gearing up to bring on-stream its fourth oil field, the Pecan Oil Field, with peak production expected to reach up to 80,000 barrels of oil per day, according to chief executive of the Petroleum Commission, Egbert Faibille.
Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today the successful start-up of oil production at the Winterfell development in the Green Canyon area of the U.S. Gulf of Mexico.
The Bureau of Safety and Environmental Enforcement (BSEE) has activated its Hurricane Response Team and is monitoring offshore oil and gas operators in the Gulf of Mexico as they continue their response to Hurricane Helene.
Worry about oil supply disruption in the Middle East pushed Brent crude and West Texas Intermediate higher earlier today in Asian trade, as Israel continues to pound Lebanon after the killing of the Hezbollah leadership last week. It also struck targets in Yemen, signaling it was willing to expand the conflict.
INTERNATIONAL oil and gas companies and various stakeholders positively respomded for the first round of Zanzibar block allocations where bids were invited last March, the government has declared.
Hydrocarbons giant Exxon Mobil plans to invest 10 billion dollars in Nigeria’s offshore oil, a spokesman for Nigeria’s presidency said.
Brevity Anderson, a strategic advisory and consultancy firm specializing in facilitation and optimising international trade and business operations has signed a landmark Memorandum of Understanding (MoU) with the African Petroleum Producers Organization (APPO).
The Nigerian National Petroleum Company Limited (NNPCL) is confident that it can increase crude oil production from 1.7 million barrels per day to 3 million, says Chief Corporate Communications Officer Olufemi Soneye.
David Ampofo, the Chief Executive Officer of the Ghana Upstream Petroleum Chamber, has raised alarm regarding the declining state of the oil and gas industry, highlighting that significant potential benefits for Ghanaians are jeopardized by a troubling decrease in production over the past years.