India’s latest round of oil and gas block auction has witnessed significant interest from state-run and private players, with Vedanta Ltd. bidding on all 28 available blocks, highlighting the growing enthusiasm among private players to expand their domestic upstream footprint.
PT Pertamina (Persero) and PT Pertamina Hulu Energi (PHE) signed a memorandum of understanding (MOU) with PT Pertamina International Shipping (PIS) for liquified carbon dioxide (LCO2) business development.
Kazakhstan is negotiating an increase in natural gas exports to China including via a new pipeline, Bloomberg has reported, noting this would put Kazakhstan in a competition with Turkmenistan and Russia.
Oman’s Ministry of Energy and Minerals announced the launch of a new package of oil and gas concession areas at an international conference organised by the American Association of Petroleum Geologists and hosted by Petroleum Development Oman (PDO). The new areas will be distributed between marine and onshore areas, including Concession Area No. 18 located in the southern Sea of Oman.
SLB has announced an agreement to create Turnwell Industries LLC OPC, a joint venture with ADNOC Drilling Company, SLB and Patterson-UTI. The joint venture will allow the three companies to leverage leading innovations in AI, smart drilling design, completions engineering and production solutions.
Uganda on Monday received the first batch of coated line pipes for the East African Crude Oil Pipeline, which was delivered to the main camp and pipe yard in Kyotera District, signalling the project developers’ intent to fast track the laying and construction of the cross-border pipeline in both Uganda and Tanzania.
The Chief Executive Officer of the Association of Oil Marketing Companies (AOMC), Dr. Riverson Oppong, has been appointed as the Africa Regional Director of the Society of Petroleum Engineers (SPE).
Springfield Exploration and Production (E&P) has secured the Deepsea Bollsta rig from Northern Ocean Limited (NOL) to lead the appraisal of the Afina-1x well in Ghana’s offshore West Cape Three Points Block 2 (WCTP-2).
The upstream petroleum sector is gearing up to bring on-stream its fourth oil field, the Pecan Oil Field, with peak production expected to reach up to 80,000 barrels of oil per day, according to chief executive of the Petroleum Commission, Egbert Faibille.
Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today the successful start-up of oil production at the Winterfell development in the Green Canyon area of the U.S. Gulf of Mexico.