Category: News

BW Energy announced that the Kharas-1 appraisal well, drilled within the Kudu licence offshore Namibia, has reached its total planned depth.

Russia’s Lukoil has accepted an offer from Switzerland-based Gunvor Group to acquire Lukoil’s subsidiary holding international assets.

TotalEnergies said its third-quarter earnings remained flat from a year earlier, despite oil prices down by over $10 per barrel.

BP has announced further progress on the Bumerangue hydrocarbon discovery in the Santos Basin, confirming significant volume of liquids.

Shell has reported net income of $5.32bn for the third quarter of 2025 (Q3 2025), up from $4.29bn for the same period last year.

Searcher Seismic has commenced a seismic reprocessing project covering 8,500 kilometres (km) of offshore data in Equatorial Guinea.

Kuwait Oil Company (KOC) is set to allocate Kd1.2bn ($3.92bn) to its exploration drilling programme through to 2030, reported Reuters.

The Zohr-9 well in Egypt’s Zohr natural gas field is producing approximately mcf/d of gas after the completion of drilling operations.

Citizen Energy Ventures has launched a $20m private placement initiative targeting oil and gas drilling in the Anadarko Basin, Oklahoma.

Equinor reported an adjusted operating income of $6.21bn in Q3 of 2025, a decline of 10% compared to same period previous year.