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International

Global oil prices dropping to $40-50 to reduce Russia’s revenues significantly – expert’s opinion

With the OPEC’s new policy, decreasing oil prices to USD 40-50 per barrel of Brent crude oil will significantly limit…
BW Contracts Rig for the First Drilling on the Kudu Field in 18 Years
International

BW Contracts Rig for the First Drilling on the Kudu Field in 18 Years

The Norwegian oil producer BW Energy, has contracted a rig for the drilling of the Kharas appraisal well on the…
saipem
International

Saipem and Subsea 7 sign merger deal to create offshore engineering powerhouse

Italian offshore engineering and construction giant Saipem and offshore engineering and services player Subsea 7 have signed a binding merger…
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International

Chevron Alerts State to 575 Layoffs at Hess’ Houston Office

Chevron’s reduction reported to the Texas Workforce Commission on July 21 represents more than a third of the Hess Corp.…
offshore wind energy floating
International

Equinor rattled by falling oil prices and $1bn US hit

Norwegian energy company Equinor saw its profits slide as it unveiled a near $1bn writedown to its wind assets in…
poland oil discovery
International

What could biggest oil discovery in Poland’s history mean for Europe’s energy mix?

Euronews asked analysts if the huge oil and gas deposits discovered under the Baltic Sea offer Europe a chance to…
Tullow failed to commercialise oil in Turkana. Photo - Tony Karumba.
International

Tullow Oil Sells Its Kenyan Assets to Gulf Energy Ltd in KSh 15.5b Deal

Tullow Oil released a statement on Tuesday, July 22, on the sale of its assets in the South Lokichar Basins…
atlanta-credit-brava-energia
International

Brava Energia Brings FPSO Atlanta Up to Speed with Six Connected Wells

Brazilian oil and gas company Brava Energia has connected two more wells at Atlanta field to the floating, production storage,…
north sea offshore oil and gas
International

Chevron Secures Future Production Prospects with Entry to Oil Rich Guyana

Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S. major: where its…
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International

Chevron completes acquisition of hess corporation

Creates premier integrated oil & gas company Combines world-class assets, people and capabilities Drives industry-leading free cash flow growth and…

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