Expro Group Holdings N.V. has agreed to acquire Norway-based Enhanced Drilling for approximately $215 million, expanding its capabilities in managed pressure drilling (MPD) and well construction services.
Weatherford International plc has secured multiple managed pressure drilling (MPD) contracts and a global aftermarket services agreement with Noble Corporation, expanding its role in deepwater and international offshore operations.
The energy ministers of European Union members are set to discuss local gas drilling in response to the energy supply squeeze in the Middle East, Reuters has reported, citing an internal document it had seen.
Norway has launched its APA 2026 licensing round, adding 70 new exploration blocks across the North Sea, Norwegian Sea and Barents Sea as it continues to expand access to acreage on the Norwegian Continental Shelf (NCS).
OPEC’s second-largest producer, Iraq, is offering huge discounts of up to $33.40 per barrel off the official selling prices for its crude that has to move through the Strait of Hormuz.
The United States Department of Defense said its ceasefire with Iran remains in place despite renewed clashes in and around the Strait of Hormuz, where vessel attacks and missile strikes have heightened risks to global oil shipping.
Crude oil prices extended losses for a second day today, after President Trump said the United States would pause its plan to escort vessels out of the Strait of Hormuz just a couple of days after it was announced.
Oladayo Williams, managing director of Tetracore Energy Group, talks to The Energy Year about the growing appetite for CNG among industrial, power and transportation companies in Nigeria and the company’s integrated supply model in West Africa.
Nigeria National Petroleum Co Ltd (NNPC) on Monday announced a memorandum of understanding (MoU) with Sanjiang Chemical Co Ltd and Xinganchen (Fuzhou) Industrial Park Operation and Management Co Ltd to restart the Port Harcourt and Warri refineries.
Ghana has signed a major agreement with Eni Ghana E&P, a subsidiary of the Italian oil and gas giant, Vitol Upstream Ghana Limited, and the Ghana National Petroleum Corporation (GNPC) to ramp up domestic gas production from the Offshore Cape Three Points (OCTP) project.