
Petros to expand oil and gas exploration and carbon storage in Sarawak
Petros has formalised agreements with international partners to expand onshore oil and gas exploration and CCUS initiatives

Petros has formalised agreements with international partners to expand onshore oil and gas exploration and CCUS initiatives

Gazprom Neft and Gazprom have agreed to sell their controlling stake in Petroleum Industry of Serbia (NIS) after the US sanctions.

Equinor and its partners have completed drilling wildcat well 34/6-9 S in the North Sea, which has been classified as dry.

The Trump administration is planning to propose oil drilling leases off the coast of California, opening up the region.

Russian oil producer Lukoil has declared force majeure on oil shipments at its West Qurna-2 oilfield in Iraq, reported Reuters.

Buccaneer Energy announced that its Allar 1 well, drilled in the Fouke area of the Pine Mills Field in Texas, US, did not find hydrocarbons.

Norway-based TMC Compressors has been chosen to deliver a high-capacity marine compressed air system for MODEC’s new FPSO.

3D Energi has announced updates on the ongoing drilling at the Essington-1 gas exploration well in the Otway Basin, Victoria.

UK-based independent oil and gas company EnQuest has signed new senior secured reserve-based lending (RBL) facilities totalling $800m.

The US government is set to auction oil and gas drilling rights in the Gulf of Mexico next month, and in Alaska’s Cook Inlet in 2026.
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