International7 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…
International7 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…
International7 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…
International7 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…
International7 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…
International7 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…
International7 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…
International7 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…
International7 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…
International7 months agoSantos grants six weeks exclusive due diligence to ADNOC-led consortiumAustralia’s Santos, opens new tab said on Friday it had granted exclusive due diligence for a period of six weeks…
