Afreximbank and APPO have formally launched the Africa Energy Bank with $5 billion in authorized capital to finance oil and ...

NABEP’s in-country rig fleet in Venezuela will reach 41 in November as drilling and workover rigs arrive in the Orinoco Belt ...

TotalEnergies will help Petronas build a Southeast Asia methane technology test center and expand AUSEA methane detection ...

Integration is about project management: identifying the success factors for the entire project and taking end-to-end ...

Seven OPEC+ members kept December oil output targets unchanged. Saudi Arabia, Kuwait and Iraq are still producing well below quota as Strait of Hormuz constraints persist.

ExxonMobil has reached agreement to increase its working interest in the Rovuma LNG project in Mozambique to 50% and in Papua ...

TotalEnergies will sell a 40% stake in OPL257 offshore Nigeria to SAPETRO and plans to appraise Egina South as a potential ...

(WO) – Search efforts continue offshore Gabon following last week’s sinking of Borr Drilling’s Prospector 5 jackup rig. In an Oct. 29 update, the company said a remotely operated vehicle has located ...

Nabors Industries has signed a multiyear contract to deploy one rig in Venezuela in early 2027, a deployment the company said will mark its return to drilling operations in the country.

All major subsea components are now in place at Yggdrasil, hook-up and commissioning are under way, and both Yggdrasil and Valhall PWP-Fenris remain on track for first production next summer.

Ovintiv will acquire Logan Energy for about $890 million, including debt, adding 266,000 net acres and roughly 20,000 boed in ...