Julius D. Rone of UTM Offshore talks about shifts in energy security priorities and new opportunities for African energy…
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The US and Iran have reached an initial deal to halt the war and reopen the Strait of Hormuz, sending oil prices lower.
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APA has acquired Savant Alaska, adding 104,000 gross acres to its North Slope position, plus midstream, pipeline and field…
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Percy Mellar of DUG Technology talks about the appetite for imaging services in Africa’s mature and frontier basins.
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Alberto Figueiredo of OMITC Academy talks about the institution’s strategy to develop a long-term talent pipeline for the oil and gas sector.
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INEOS Energy has acquired a 21% stake in a portfolio of Shell upstream assets in the US Gulf to co-invest in exploration and development.
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Energean has acquired Chevron’s interest in blocks 14 and 14K offshore Angola for USD 260 million.
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Singaporean contractor SMOE, a subsidiary of Sembcorp Marine, announced in a Monday press release that it had won a contract worth $1 billion from Danish operator…
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As oil production dwindles, Equatorial Guinea’s gas resources are set to become the country’s primary source of income and development. Juan Antonio Ndong Ondo, the…
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Danish operator Maersk Oil has announced the approval of its North Sea Culzean gasfield development plan by UK authorities. The $4.5-billion plan aims to see production…
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Crude oil futures continued to rise on Friday, complementing what was the biggest one-day rally in more than six years the day before, spurred by recovering equity…
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Consolidated Supply Management (CSM) executive president Alberto de Losada explains issues encountered by companies operating in Peru’s tough business environment.…
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Offshore drilling contractor Seadrill has had to delay delivery of 10 newbuilds, owing to a contract drought resulting from a depressed global drilling…
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Total has agreed to sell its North Sea midstream assets following the collapse in oil prices, in a £585-million ($906-million) deal that incorporates a Scottish gas…
READ MOREQatari engineering, procurement and construction (EPC) company Medgulf Construction is nearing completion of a $25-million contract for the construction and…
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Heavy oil appraisal and development company Xcite Energy is slashing costs at its stalled Bentley offshore oilfield development in the UK North Sea, as contractor rates…
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A UK petroleum engineer has been freed from captors in Yemen by a UAE military raid. Douglas Robert Semple, kidnapped in the country in early 2014, has been released in…
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