Oil India Limited (OIL) has reported the occurrence of natural gas in the Andaman offshore, marking the first hydrocarbon show in its ongoing shallow-water campaign.
Nigeria has given the green light to TotalEnergies’ $510m divestment of its interest in Oil Mining Lease 118, which includes the Bonga field, to Shell and Nigerian Agip Exploration (Agip).
Brazilian regulator Ibama has approved Petrobras’ Pre-Operational Assessment (APO) in block FZA-M-59 of the Foz do Amazonas basin.
SLB has secured a contract from Petrobras to deliver services and technology for up to 35 ultra-deepwater wells in Brazil’s Santos Basin.
Caturus Energy has announced a multiyear contract with Nabors Industries for the deployment of the onshore drilling rig PACE-X Ultra X33.
Eni has announced the completion of the sale of a 30% stake in the Baleine project in Côte d’Ivoire to Vitol.
Italian oil field services company Saipem announced that its shareholders have approved its previously announced merger with Norwegian subsea contractor Subsea7.
Nigerian regulator has withdrawn its approval for TotalEnergies’ intended sale of a minority stake in a Nigerian onshore oil producer.
The Kurdistan region of Iraq and most oil firms operating in the region have signed an agreement in principle to resume crude exports, though the deal still requires approval from the Iraqi federal government.
Exxon Mobil, Petrobras, and TechnipFMC have raised objections to the planned merger between Italy’s Saipem and Norway’s Subsea 7, urging Brazil’s antitrust regulator to block the transaction, reported Bloomberg, which had seen the documents.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
