The operator will hold 100% interest in the block, which is adjacent to it's existing operated and participated blocks.

Subsea7 has secured an extension to its contract with Turkish Petroleum for the Sakarya Phase 3 project, focusing on towing and mooring activities for the floating production ...

Traders are weighing the possibility of an eventual diplomatic settlement against the risk that restricted Hormuz traffic and ...

Worley has renewed its 5-year EPC framework agreement with CNOOC International UK, ensuring continued support for offshore ...

OQ Exploration & Production has contracted SLB to develop the Bisat-B expansion plant. The goal is to increase capacity to ...

US LNG exports continue to expand rapidly, further solidifying its position as the world's largest LNG supplier.

At 426.4 million bbl, US crude oil inventories are about 2% above the 5-year average for this time of year, the EIA report ...

Following the farm down, Navitas Petroleum LP becomes the operator of Block 1 CBK, which features major exploration potential and a proximity to recent discoveries ...

TotalEnergies EP Nigeria Ltd. has taken final investment decision (FID) to develop Ima gas field, which straddles the OML 112 ...

Perenco Brazil holds a 100% interest in the Pargo cluster, which includes the Pargo, Carapeba, and Vermelho fields in shallow waters offshore Rio de Janeiro. The development comprises eight fixed ...

Petrobras and Shell, in collaboration with Strohm, completed a comprehensive qualification and offshore field trial of thermoplastic composite pipes for assets offshore ...

The NFE and NFS projects are part of the overall North Field expansion program that also includes the North Field West ...