Floating liquefied natural gas (FLNG) terminals are increasingly making their mark on the global LNG market, with projections from Rystad Energy indicating that their capacity could triple by 2030.

Additional reservoir zones remain unpenetrated due to early drilling termination, but upcoming sidetrack operations aim to ...

The oil market experienced a significant decline as Iran reopened the Strait of Hormuz following a ceasefire between Israel ...

Petrobras has agreed to acquire interest in and will assume operatorship of Block 3, offshore São Tomé and Príncipe, Africa, ...

The project involves engineering and installation tasks at water depths of 450-660 m, including connecting three new gas wells and installing triple tie-in spool bases to ...

The deal leverages Renaissance Offshore's current production of 3,000 boe/d as 1947 Oil & Gas aims for growth in the US Gulf ...

Geopolitical tensions in the Middle East showed signs of easing as the Strait of Hormuz is reopened to commercial vessels.

Following drilling and appraisal activities, Assala is advancing a 60-well phased development plan, aiming to maximize oil recovery from the Gamba formation.

Naphtha, LPG, and ethane have suffered the clearest demand destruction of any petroleum products as a result of the war in ...

The weekly rig count in Canada decreased by 5 to 130, mainly due to a drop in oil-directed rigs, while gas rigs increased ...

Extensive damage from the Iran war, estimated at over $25 billion, underscores the current dependence on the Strait of Hormuz ...

Under conditions, Repsol said it is prepared to increase gross oil production in Venezuela by 50% within 12 months and triple ...