Hungarian oil and gas company MOL, in collaboration with O&GD, has discovered a new oilfield near the village of Galgahévíz, close to Budapest in Hungary.
The Egyptian General Petroleum Corporation (EGPC) has entered into three new exploration agreements with international firms.
Woodside Energy and its North West Shelf Joint Venture partners have received final environmental approval from the Australian government for the North West Shelf Project Extension.
Petrobras has acquired a 27.5% stake in Block 4, located in São Tomé and Príncipe, Africa.
Glenfarne Alaska LNG has entered into an agreement with South Korea’s POSCO International for the development of the Alaska LNG Project.
Baker Hughes has secured a contract to supply main liquefaction equipment for Train 4 of NextDecade’s Rio Grande LNG Facility in Texas, US.
IEA has indicated that global oil supply is set to increase more swiftly this year, with a potential surplus expanding by 2026.
Vallourec has won a long-term deal to supply oil country tubular goods (OCTG) and associated services for Petrobras’ offshore operations.
Energean, a gas producer, has secured $4bn worth of new long-term Israeli gas offtake contracts in the first half of 2025, ended 30 June.
Global Infrastructure Partners, a part of BlackRock, is in negotiations to secure $10.3bn for Jafurah gas development deal of Aramco.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
