Tenaris has secured two new contracts from Türkiye Petrolleri Anonim Ortaklığı (TPAO) to support Phase 3 development of the Sakarya Gas Project, Türkiye’s flagship offshore gas project in the Black Sea.
TotalEnergiesand Kuwait Oil Company have signed a memorandum of understanding to strengthen technical cooperation and advance studies related to potential exploration opportunities in Kuwait.
The U.S. government is preparing to issue a general license allowing companies to pump oil in Venezuela, part of the Trump administration’s plan to ease sanctions and rebuild the nation’s moribund energy industry.
SLB has been awarded a $1.5 billion, five-year integrated development contract by Kuwait Oil Company (KOC) to support the next stage of development at the Mutriba field in Kuwait.
Akrake Petroleum Benin S.A., an indirect subsidiary of Rex International Holding Limited, has completed drilling of the AK-2H horizontal production well at the Sèmè field offshore Benin.
The global LNG market is expanding by 3% every year, growing at a faster pace than the overall natural gas market, Wael Sawan, chief executive officer of the world’s top LNG trader, Shell, said at an LNG conference in Doha, Qatar.
The Africa Energy Bank (AEB) is positioning itself as a new source of risk capital for Africa’s oil and gas sector at a time when global upstream financing is becoming increasingly constrained.
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has urged African countries to adopt a unified regulatory framework to unlock large-scale investment in the continent’s oil and gas sector.
The Insurance Brokers Association of Ghana (IBAG) is considering establishing an upstream energy pool for brokers, similar to the Ghana Oil and Gas Insurance Pool (GOGIP), which is run by a consortium of primary insurance underwriting companies domiciled in the country.
The European Union’s plan to ban LNG imports from Russia will prompt a surge in demand for LNG carriers to the tune of 30 new vessels, a senior Vortexa analyst said ahead of the LNG Qatar gathering that starts today.