DNO ASA, the Norwegian oil and gas operator, is selling its entire Côte d’Ivoire business to Panoro Energy ASA, a London-based E&P company. The deal comprises an indirect 9.09% interest in the Ivorian offshore Block CI-27, which DNO ASA holds through its subsidiary, DNO CI LLC.
Venezuela signed oil-related contracts with two US companies as the government of the South American country seeks to attract investment and boost crude production, a report said.
Industry leaders discussed Venezuela’s oil and gas reserves, emphasizing the importance of international partnerships, technology, and infrastructure development to unlock resource potential to help meet future global energy demand. Venezuela used an energy industry gathering in Houston on Aug. 19 to promote investment opportunities for US oil and gas companies, independent operators, service companies, technology […]
Washington, DC – US media reports have revealed a covert US military operation aimed at securing the passage of oil tankers through the Strait of Hormuz. This comes amid ongoing military tensions with Iran and a decline in maritime traffic in one of the world’s most important energy shipping lanes. According to Axios, US forces are managing […]
Latin America’s two biggest oil companies are betting on a high-risk effort to unlock crude from deeply buried Jurassic rocks offshore Mexico. Petroleo Brasileiro SA and Petroleos Mexicanos have teamed up to evaluate a pre-salt play beneath the Gulf of Mexico that is older, deeper and potentially richer in oil than many existing fields. The […]
Transocean has secured a two-year binding Letter of Award with India’s Oil and Natural Gas Corporation (ONGC) for the Dhirubhai Deepwater KG2 ultra-deepwater drillship. The drilling campaign is expected to begin in the first quarter of 2027 and contribute approximately $300 million in contract value, including additional services and mobilization fees. The award also includes two […]
DeepOcean has completed subsea construction and tie-in work for Anasuria Operating Company’s Teal West development in the UK North Sea, connecting the field to the existing Anasuria FPSO. DeepOcean’s scope included installation of a flexible production riser and flowline, along with an umbilical connecting the FPSO to the Teal West subsea Christmas tree. The company also completed protection and […]
Continental Resources has agreed to acquire FireBird Energy II LLC, adding approximately 32,000 boed of oil-weighted production and expanding the company’s position in the Permian basin. FireBird, a portfolio company of Quantum Capital Group, holds approximately 54,000 net acres in the Midland basin adjacent to Continental’s existing operations. Current production is 69% oil, and the acquired assets include 307 gross […]
NAMIBIA’S oil and gas sector took centre stage as the 4th edition of the Namibia Oil and Gas Conference (NOGC) 2026 brought together government leaders, international and local energy companies, investors, financial institutions, service providers, entrepreneurs, academics, students and civil society to discuss the country’s emerging petroleum sector and its contribution to long-term national development. […]
Cabinet has approved Namibia’s National Upstream Petroleum Local Content Policy, paving the way for increased Namibian participation in the country’s emerging oil and gas industry. Special advisor and head of the Upstream Petroleum Unit in the office of the President, Kornelia Shilunga, announced the approval on Wednesday at the Namibia Oil and Gas Conference 2026 […]