
A boost for peace with new petroleum agreement between South Sudan and South Africa
This landmark oil deal marks yet another achievement for Africa’s growing energy investments and will provide further boost to South Sudan’s economic revival.
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This landmark oil deal marks yet another achievement for Africa’s growing energy investments and will provide further boost to South Sudan’s economic revival.

IriSphere look-ahead-while-drilling service reduces drilling risks and improves efficiency by providing data ahead of the bit in real time.

Halliburton Company has released Flex™ Managed Pressure Drilling System (MPD), a scalable and mobile technology that can be configured to address specific operator challenges and improve rig efficiency.

The BRX4Z sidetrack at Angus Energy’s Brockham well site has been successfully re-perforated.

The industry body said that the revisions to the Bureau of Safety and Environmental Enforcement Well Control Rule promote safe offshore operations.

ESAI Energy’s Global Crude Oil Outlook predicts a reduction in Venezuelan and Iranian exports that will reshuffle the crude trade deck.

An Ampelmann A-type system has been mobilised on the Harvey Blue Sea vessel, owned by Harvey Gulf, and will operate for 120 days.

The two companies' joint venture covers two shallow water offshore Petroleum Prospecting Licenses in Guyana, the Corentyne and Demerara blocks.

New awards and escalations totalled US$1.1 billion, raising order backlog to US$5.2 billion.

One of the oldest platforms on the Norwegian continental shelf, Statfjord A, operated by Equinor, was originally scheduled to be shut down in 1999.

The integration of Wintershall and DEA is expected to be completed in approximately one year.

Under the terms of the agreement, Eni will pursue exploration activities in the offshore area of over 2800 km2, located in the northern territorial waters of the Kingdom of Bahrain, with water depth ranging from 10 up to 70 m.