Category: Industry News

Petrobras and Norway’s Equinor have emerged as winners in Brazil’s recent pre-salt oil block auction, reported Reuters.

JERA has agreed to acquire the South Mansfield upstream asset in Louisiana’s Haynesville Shale basin from Williams and GEP Haynesville II.

Russia is preparing to deliver approximately 750,000 barrels of Arctic heavy ARCO oil and gas condensate to Syria’s Banias port.

CenterPoint Energy to sell its Ohio natural gas distribution business, Vectren Energy Delivery of Ohio, to National Fuel Gas Company.

The US Department of Energy (DOE) is set to acquire crude oil for delivery to the Strategic Petroleum Reserve’s (SPR) Bryan Mound site.

EnergyPathways has received consent from NSTA to apply for expanded hydrogen and gas storage licences for its MESH project in the UK Irish Sea.

DeepOcean, TotalEnergies, Equinor, Aker BP, Tenaris, and LS Cable & System have partnered to launch a new subsea flowline heating technology.

Saipem has secured new offshore drilling contracts and extensions worth up to $135m, enhancing its operations in key regions.

Pharos Energy has commenced six-well drilling programme offshore Vietnam, aimed at enhancing production from the existing fields.

Galp Energia is in advanced talks with several major oil companies to divest a 40% stake in its Mopane field, offshore Namibia