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offshore oil rig
International

BP expands oil and gas interests in Azerbaijan with new deals

BP and its partners have sanctioned a new phase of development for the Shah Deniz gas field and gained access…
Petrobras
International

Petrobras targets Africa for oil exploration region outside Brazil

Petrobras has recently shown interest in acquiring stakes in oil assets abroad, particularly in Africa. Petrobras, the Brazilian state-run oil…
tullow oil
International

Kosmos and Tullow Oil secure 15-year extension to Ghana joint venture

Kosmos Energy Ltd and Tullow Oil PLC on Wednesday reported the extension of their exploration prospects in Ghana until 2040.…
IEA Executive Director Fatih Birol
International

Global oil investments expected to drop 6% this year, says IEA

Global oil investments are expected to drop 6% in 2025, in the first such decline in a decade excluding the…
Russia oil and gas revenue
International

Russia’s oil, gas revenues down 35% in May

The Russian Finance Ministry reported Wednesday that oil and natural gas revenues fell 35.4% in May, compared to the same…
Transocean-Spitsbergen
International

Equinor exercises $100m option for Transocean semisub

Norwegian energy major Equinor has exercised a two-well option for one of Transocean’s semisubs. The option, exercised for the 2010-built…
shell
International

TotalEnergies and Shell swap stakes in two oil & gas assets offshore Brazil

TotalEnergies EP Brasil, a subsidiary of France’s energy giant TotalEnergies, has set the wheels in motion to transfer its non-operated…
nigeria
International

Local firms drive new growth phase in Nigeria’s oil sector

Nigeria is witnessing a significant shift in its oil and gas landscape as local companies expand their roles, driving a…
bp
International

BP Inks Oil, Gas, Renewables Deals in Azerbaijan

BP has signed a series of deals in Azerbaijan covering oil, gas and renewables that will deepen its ties to…
offshore
International

The Government of Ghana, Tullow, Kosmos Energy, PetroSA, Ghana National Petroleum Company (GNPC) and Explorco sign Memorandum of Understanding to extend Ghana production licences to 2040

The Government of Ghana, Tullow Oil plc (Tullow), Kosmos Energy (Kosmos), PetroSA, GNPC and Explorco are pleased to announce that…

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