International5 months agoInsurance pay out worth €31m expected by oil and gas firm over stalled Italian jobOil and gas exploration company Rockhopper today said it was confident it would receive a €31m (£26.8m) insurance payment in…
International5 months agoOPEC+ Surprises With Oversized Output HikeOPEC+ will ramp up oil production more aggressively than anticipated in August, accelerating the rollback of its 2023 voluntary supply…
International5 months agoEni Advances Zohr Gas Field Development, Boosts Egypt’s Gas SupplyE completed Zohr 6 drilling, adding 60M cubic feet/day to Egypt’s natural gas production capacity. Zohr 13 is expected to…
International5 months agoPerenco Vietnam signs new production sharing contract for Block 15-1Perenco Vietnam and its partners in Block 15-1 have signed a new Production Sharing Contract (PSC) with the Socialist Republic…
International5 months agoWho Is The World’s Top Oil Producer?According to the Energy Institute’s (EI) latest statistical review of world energy report, which was published recently, the world’s top…
International5 months agoUK Oil & Gas sells stakes in Horndean and Avington fields for £400,000UK Oil & Gas PLC announced it is selling the UKOG (GB) subsidiary for £400,000, in cash, to Servatec Holdings…
International5 months agoFour die as vessel capsizes in Suez Gulf; three still missingAt least four people died when a vessel capsized while being towed in the Gulf of Suez, one of Egypt’s…
International5 months agoTotalEnergies acquires 25% stake in Block 53 in Suriname and strengthens its offshore presenceTotalEnergies acquires a 25% stake in Block 53 offshore Suriname, joining APA and Petronas after an agreement with Moeve, thereby…
International5 months agoGulf oil companies slow $60bn acquisition spree as crude prices fallAdnoc and Aramco shift focus to dividends in tougher environment for deals Saudi Aramco, the world’s number-one crude producer, and…
International5 months agoBOEM proposes oil, gas lease sale for 80 million acres in GulfThe Bureau of Ocean Energy Management (BOEM) has published a Proposed Notice of Sale (PNOS) for Lease Sale 262, the…
