Petronas has made its eighth gas discovery in Suriname’s offshore Block 52, bringing the estimated resources held in the block to more than 1 billion boe, Reuters reported on Tuesday.
Abu Dhabi’s Supreme Council for Financial and Economic Affairs (SCFEA) has awarded a development and production concession to an ADNOC-led consortium for the gas cap resources of the Bab onshore field, Abu Dhabi’s media office announced on Wednesday.
ADES Holding has signed a definitive agreement with Saipem to acquire five operational jackup rigs for a total consideration of USD 285 million, the companies announced on Wednesday.
Saipem SpA said Wednesday it had signed an agreement to sell a subsidiary in Saudi Arabia operating shallow-water drillers to ADES Holding Co for $285 million.
The greenhouse gas (GHG) intensity of Canadian oil sands production declined for a 13th consecutive year in 2025, extending a long-term trend of improving emissions performance despite continued production growth, according to new analysis from S&P Global Energy.
EnerMech has completed a pipeline flushing and cleaning project for Subsea7 as part of an offshore field decommissioning program in the U.S. Gulf of America/Mexico. The scope involved flushing and cleaning a long-distance deepwater oil export pipeline to support decommissioning and abandonment activities. According to EnerMech, the work was designed to meet regulatory and environmental requirements while […]
The Moscow Oil Refinery is highly unlikely to resume production before 2027 after suffering extensive structural damage from multiple strikes by Ukraine’s long-range drones, dealing a further blow to a country grappling with severe fuel shortages, Reuters reports.
Natural gas markets are on course to return to balance in the third quarter of the year as the Strait of Hormuz reopens, the head of the Gas Exporting Countries Forum has said.
Baker Hughes has been awarded a long-term service agreement by ANOH Gas Processing Company for lifecycle and digital services at the ANOH Gas Processing Plant in Nigeria, Baker Hughes said on Tuesday.
Accra, Ghana – 23 June 2026 – The Ghana Upstream Petroleum Chamber has announced changes to its Council leadership following its Council meeting held yesterday. The Council appointed Mr Joe Dadzie (Head of Vitol Upstream Ghana) as the new Chairman of the Council and Ms. Naa Opoku Agyeman (Managing Director, Yinson) as the new Vice […]