Category: News

Valeura Energy and its partner formed a joint venture (JV) with a subsidiary of Transatlantic Petroleum to explore the Thrace basin Türkiye.

Dana Gas and Crescent Petroleum have completed the KM250 expansion project at the Khor Mor facility in the Kurdistan Region of Iraq (KRI).

Halliburton has secured multiple contracts with Petrobras to deliver well services in Brazil’s deepwater oil fields.

SK Innovation’s oil exploration unit SK Earthon is considering divesting its shares in three Vietnamese oil blocks.

Pakistan Petroleum Limited (PPL) has signed a strategic partnership with Turkish Petroleum Overseas Company (TPOC).

Cenovus Energy has acquired approximately 21.7 million common shares of MEG Energy, bolstering its position ahead of an upcoming merger vote.

Egypt has announced an ambitious plan to drill 480 exploratory oil wells with a total investment of $5.7bn over the next five years.

The International Energy Agency (IEA) has projected a surplus in the global oil market for 2026, estimating up to four million barrels per day (bpd).

Kuwait Oil Company (KOC), a subsidiary of Kuwait Petroleum Corporation (KPC), announced a new natural gas discovery in the Al-Jazah offshore natural gas field.

Shell’s subsidiary Shell Nigeria Exploration and Production Company (SNEPCo), together with its partner Sunlink Energies and Resources Limited, has taken the final investment decision (FID) on the HI gas project located offshore Nigeria.