Azerbaijan aims to double gas exports to the EU to 20 billion m3/y by 2027 under a 2022 agreement. BP…
International
Validus Energy to acquire 89 Energy III for $850m
The acquisition will solidify Validus Energy’s position as one of the largest private players in the US mid-continent oil region.…
International
Chevron Announces Layoffs Affecting Up to 8,000 Workers: ‘Stronger Long-Term Competitiveness’
Chevron announced internally on Wednesday that it would lay off up to 20% of its workforce in the next few…
International
Brazil’s Petrobras Looks to Africa for Oil Reserves Boost
Brazil’s Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its…
International
Total, Aker BP seek bigger stakes in giant Equinor oilfield
TotalEnergies, opens new tab and Aker BP, opens new tab are seeking an independent review of their stakes in Equinor’s,…
International
Falcon Oil & Gas completes stimulation of Shenandoah well
Falcon Oil & Gas Ltd shares soared nearly 20% higher in Friday’s early deals, after it completed the stimulation of…
International
Egypt confirm new oil find with BP
UK-headquartered energy giant BP has found more oil and gas in the northern Mediterranean within the Egyptian Exclusive Economic Zone…
International
Dry well in the North Sea (35/6-5 S)
Aker BP ASA and its partners have drilled a dry well in the “Njargasas” prospect in the North Sea. Wildcat…
International
Diversified offshore oil & gas services provider to arise with new merger
Cyprus-headquartered marine seismic acquisition services provider SeaBird Exploration and Singapore’s tender-assisted drilling provider Energy Drilling have signed a letter of…
International
Rystad Energy: US$150 billion in global upstream opportunities ahead as shale consolidation slows down
According to Rystad Energy, upstream merger and acquisition (M&A) activity is expected to slow significantly in 2025 following two years…
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