Valaris seals jackup extensions in Saudi Arabia   Valaris has secured new bareboat charter agreements for several jackups with ARO…

Greece’s DEPA, Gazprom agree long-term gas deal   Greece’s DEPA Commercial has signed a long-term gas supply deal with Russia’s…

OPEC, allies set for another modest oil output hike   OPEC and its allies are expected on Tuesday to maintain…

Egypt awards eight oil and exploration blocks to BP, Eni, and others after first digital oil auction   Egypt awarded…

Petrobras planning two FPSOs for deepwater Sergipe oilfields   Petrobras has submitted declarations of commerciality to Brazil’s National Agency of…

Venezuela Surprises Oil Markets With Large Production Increase   Despite decades of mismanagement, malfeasance and corruption, strict U.S. sanctions and…

CNOOC Limited Announces 2 New Projects Commenced Production   CNOOC Limited announced today that Caofeidian 11-6 oilfield expansion project and…

How Venezuela pulled its oil production out of a tailspin   Venezuela this year almost doubled its oil production from…

The Biggest Oil and Gas Discoveries Made in Africa in 2021   As the lifeblood of industrialized nations, oil and…

Petrobras to sell 11 onshore concessions in Brazil to Carmo Energy for $1.1bn   Brazilian state-run company Petrobras has signed…