Petrovietnam plans to invest roughly US$14.23 billion in oil and gas exploration and production during 2026–2030, about 2.3 times the investment made in the previous five-year period, as it seeks to support double-digit growth and maintain domestic energy supplies. The group will prioritise its core exploration and production (E&P) activities, including reserve replacement, production from […]
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
TotalEnergiesand Kuwait Oil Company have signed a memorandum of understanding to strengthen technical cooperation and advance studies related to potential exploration opportunities in Kuwait.
Aizawl, Feb 2 (PTI) Mizoram Chief Minister Lalduhoma on Monday said efforts are being made to expedite the exploration of natural gas and oil in the state.
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.
Cybele Energy, a Ghana-based independent oil and gas company, has announced plans to immediately begin exploration activities on its shallow-water offshore Block S7 in Guyana, days after signing a production-sharing agreement (PSA) with the South American country’s government.
Exxon Mobil Corp has signed an agreement to acquire 60 percent in Block 2 in the Ionian Sea, paving the way for drilling in Greece’s “most mature concession”, operator Energean PLC said.
Galp last year undertook an exploration campaign in Namibia, where discoveries by oil majors such as Shell Plc and TotalEnergies SE have drawn international attention. The company also holds licenses in São Tomé and Príncipe, an island nation off Africa’s west coast where it recently teamed up with Shell and Petrobras.
Trump, fresh from a state visit to the UK, warned that excessive taxation and regulatory hurdles have all but shut down new North Sea development. “There’s tremendous oil that hasn’t been found in the North Sea,” he said. “They essentially closed it by making it so highly taxed that no developer, no oil company, can go there.”
TotalEnergies SE has signed production sharing contracts (PSCs) for four adjoining exploration blocks spanning about 12,700 square kilometers (4,903.49 square miles) in Liberian waters.