Stay up to date with the latest news and updates from the oil industry.
Sintana Energy has closed its previously announced acquisition of an initial 49 % interest in Giraffe Energy Investments, pursuant to a definitive agreement dated effective April 24 2024, with Crown Energy and Giraffe.
The Zama Unit partners Wintershall Dea, Pemex (operator), Talos Energy and Harbour Energy have awarded the front-end engineering and design contract (FEED) for the development of the Zama oil field to the French engineering company DORIS.
Baker Hughes has announced a significant order from Petrobras for workover and plug and abandonment (P&A) services in pre-salt and post-salt fields offshore Brazil.
The company has achieved first oil from the Sangomar field offshore Senegal, marking the safe delivery of the country’s first offshore oil project.
The decline in the price of prompt Brent can be attributed to apprehensions regarding the demand for gasoline and diesel triggered refinery run cuts, according to Rystad Energy.
The company has completed the front-end engineering and design (FEED) scope for the first phase of Aramco’s Accelerated Carbon Capture and Sequestration (ACCS) project in Saudi Arabia, expected to be the world’s largest carbon capture and sequestration (CCS) hub, upon completion.
This initiative will rejuvenate the remaining 2D and 3D data in Liberia's prospective Liberia and Harper Basins.
Shelf Drilling has announced that it has secured a 15-month award for the Shelf Drilling Tenacious jack-up rig for drilling operations offshore West Africa.
Removing the ban on petroleum exploration beyond onshore Taranaki is part of a suite of proposed amendments to the Crown Minerals Act to deal with the energy security challenges posed by rapidly declining natural gas reserves, Resources Minister Shane Jones says.
The companies have announced that they have entered into a definitive merger agreement under which Noble will acquire Diamond in a stock plus cash transaction.
Zephyr Energy has provided an update on drilling operations on the State 36-2R LNW-CC well at the Company's flagship project in the Paradox Basin, Utah, U.S.
Sulzer Flow Equipment has been selected by TechnipFMC to collaborate in developing new subsea CO2 pump solutions for new technologies. Petrobras’ high pressure separation technology, HISEP®, enables the separation of CO2-rich natural gas from oil at the seabed.