Category: Industry News

ConocoPhillips has announced plans to reduce its workforce as part of a broader initiative to cut costs and streamline operations.

EQT has signed an agreement to acquire the upstream and midstream assets of Olympus Energy for a total consideration of $1.8bn.

Shell is set to complete a marine survey at Venezuela’s offshore Dragon gas field in the upcoming weeks, ahead of a US-imposed deadline to cease operations.

Weatherford International (WFRD) has entered a MOU with AIQ, to revolutionise energy production with the integration of AI technology.

TotalEnergies, in partnership with Chevron, has commenced production at the Ballymore offshore field, situated in the US Gulf of Mexico.

Vallourec has secured contract from Allseas to supply line pipes for the Búzios 10 offshore project in Brazil.

Morocco’s Energy Minister, Leila Benali, announced the imminent launch of a tender process for a liquefied natural gas (LNG) terminal near Nador.

The EU is reportedly examining potential adjustments to its methane emissions regulations to facilitate compliance for US LNG exports.

ReconAfrica has signed a MoU with the ANPG, Angola’s national concessionaire and regulator for Etosha-Okavango basin onshore Angola.