Industry News
QatarEnergy boosts Namibia exploration with new offshore block stake acquisition
QatarEnergy has expanded its upstream portfolio in Namibia by acquiring a 27.5% working interest offshore block 2813B.
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Industry News
Seplat to restart Exxon’s inactive wells in Nigeria to boost production
Seplat Energy has plans to rejuvenate hundreds of dormant oil wells in Nigeria following the acquisition of Exxon Mobil’s onshore oil and gas assets.
Industry News
The longevity imperative: how to build a better society for healthier, longer lives
As life expectancy continues to go up, Andrew Scott answers questions on his new book about how to build a better society.
Industry News
CNOOC divests US assets to INEOS
CNOOC has divested its US subsidiary and upstream assets in the Gulf of Mexico to INEOS, a British chemicals group.
Industry News
Venture Global’s Plaquemines LNG starts first production
Venture Global has commenced LNG production at its second facility, Plaquemines LNG, located in Port Sulphur, Louisiana.
Industry News
IEA anticipates well-supplied oil market in 2025, despite an increase in demand
The International Energy Agency has projected a well-supplied global oil market in 2025, despite increasing demand.
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Tullow Oil confirms talks with Kosmos Energy over potential all-share takeover
Kosmos Energy has confirmed that it is in “preliminary discussion” with Tullow Oil, regarding a potential all-share takeover offer.
Industry News
Petrobras awards $2.8bn contracts for 12 new platform supply vessels
Brazilian energy company Petrobras has awarded contracts worth 16.5bn reais ($2.8bn) for the construction of 12 platform supply vessels (PSVs).
Industry News
Vår Energi makes new oil discovery near Goliat in Barents Sea
Vår Energi has confirmed an oil discovery in the Countach appraisal well, located near the Goliat field in the Barents Sea.