Company News
Blackford Dolphin rig begins long-term drilling contract with Oil India
Dolphin Drilling’s deepwater-capable semisubmersible rig Blackford Dolphin has begun a $154m, 14-month drilling contract with Oil India.
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Deal News
ADNOC Gas to acquire 60% stake in Ruwais LNG plant for $5bn
ADNOC Gas is set to acquire a 60% stake in the Ruwais liquified natural gas (LNG) plant from ADNOC at an estimated cost of $5bn by the second half of 2028.
Company News
Petrobras begins commercial operations at Boaventura UPGN in Brazil
Petrobras has commenced commercial operations of its Natural Gas Processing Unit (UPGN) at the Boaventura Energy Complex.
Industry News
Storm disrupts quarter of US Gulf of Mexico production
Storm Rafael has disrupted the Gulf of Mexico’s oil and gas production, leaving over a quarter of oil output and 16% of natural gas offline.
Company News
Trafigura signs 13-year natural gas offtake deal with NuVista Energy
Commodities trading company Trafigura has entered into a long-term natural gas supply agreement with Canada’s NuVista Energy.
Company News
QatarEnergy to acquire offshore block stake in Egypt
QatarEnergy has signed an agreement to acquire a 23% stake in an offshore exploration block in Egyptian waters, from Chevron.
Company News
Argentina’s YPF expects to boost shale oil production by 40% in 2025
YPF anticipates an increase in shale oil production by 30% to 40% for the coming year with investments in the Vaca Muerta formation.
Company News
Russia mulls merging three largest oil companies
Russia is considering a merger of the state backed giant Rosneft Oil with Gazprom Neft, and Lukoil, reported the Wall Street Journal.
Company News
Machinery now fully operational at Tyra redevelopment project in Denmark
TotalEnergies, the operator of the Danish Underground Consortium (DUC), has informed its partners that the new Tyra facilities has all necessary machinery fully operational.