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offshore-oil-drilling-rig
International

QatarEnergy Acquires 40% Stake in Offshore North Rafah Block

QatarEnergy has acquired 40% participating interest in the North Rafah exploration block offshore the Mediterranean Sea through a farm-in transaction…
Northern Ocean’s semisubmersible Deepsea Mira drilled the Volans-1X exploration well in Namibia. Source Northern Ocean Ltd.
International

Azule JV With Eni Scores a Second Discovery in Namibia’s Orange Basin

BP’s most recent discovery in Namibia is the eleventh globally in 2025 since the UK major refocused its investments strategy…
Kristin is located in the southwestern part of Halten Bank, a few kilometers from Åsgard. Photo Marit Hommedal NTB
InternationalUncategorized

Norway extends production period for oil and gas field

The Kristin field is now allowed to produce until 2033. The production period for the Kristin field in the Norwegian…
Nigeria oil and gas
International

Asset sales open new window for local oil, gas players

Nigeria’s oil and gas industry is bracing for another wave of asset sales. At least 10 onshore and shallow-water oil…
Sonatrach resumes oil, gas drilling in Libya's Ghadames Basin
International

Sonatrach resumes oil, gas drilling in Libya’s Ghadames Basin

Algerian energy giant Sonatrach has resumed oil and gas exploration in Libya’s Ghadames Basin, the National Oil Corporation (NOC) announced.…
petrobras
International

Petrobras expands Brazilian oil & gas offshore acreage with two blocks

While disclosing the results of ANP’s bidding process, where seven blocks were on offer in the Campos and Santos basins…
Rosneft
International

Oil price jumps and FTSE 100 hits new high after Trump puts sanctions on Russian firms

Oil prices jumped and energy companies helped the FTSE 100 to a record high after Donald Trump announced new sanctions…
north sea oil rigs
International

Petrobras and Equinor Big Winners in Brazil’s Offshore Oil and Gas Auction

Brazil’s state-run oil firm Petrobras and Norway’s Equinor were the big winners in a Wednesday auction for areas in Brazil’s…
petrofac
International

Petrofac Faces Restructuring Challenges After TenneT Contract Termination

Petrofac announced that TenneT has terminated its scope of work on the 2GW programme, prompting the company to reassess its…
Transocean Equinox offshore rig
International

Transocean rig completes first-phase drilling duties for Beach Energy offshore Victoria

The semisubmersible drilling rig was hired by a consortium of companies for a multi-well/P&A campaign offshore southeast Australia. The Transocean…

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