
Melbana Energy starts drilling at Amistad-2 production well
Australia’s Melbana Energy has commenced drilling the Amistad-2 production well in Cuba, reaching a current depth of 37 metre (m).

Australia’s Melbana Energy has commenced drilling the Amistad-2 production well in Cuba, reaching a current depth of 37 metre (m).

Ecopetrol is reportedly set to surpass its 2025 drilling targets, with plans to exceed the target of drilling ten oil wells by 20% to 40%.

Petroleum regulators of Africa, spearheaded by Nigeria, have launched African Petroleum Regulators Forum (AFRIPERF) to unify oil regulations, aiming to attract vital investment into the region’s fast-growing energy sector.

The European Union (EU) is set to accelerate its ban on Russian liquefied natural gas (LNG) imports, aiming for a complete phase-out by January 2027.

Baker Hughes has announced a multi-year contract with Petrobras, extending the deployment of the Blue Marlin and Blue Orca stimulation vessels.

Peru has signed a modification of a contract regarding hydrocarbon exploration and exploitation that would enable Chevron and Westlawn to foray into the country’s energy sector.

The main concerns about tariffs that businesses have are higher input costs and uncertainty in long-term planning.

PETRONAS Carigali has broadened its partnership with artificial intelligence (AI)-driven seismic interpretation software company Geoteric.

Malaysian investment company Deleum has cancelled its RM60m ($14.3m) acquisition of oilfield service assets from Thailand’s MPC Future.

Oil India is expecting the Mozambique LNG project, operated by TotalEnergies, to resume operations by the end of this year