Guyana is now entitled to 39.8% of all crude produced from the Stabroek Block, up sharply from 12.5% when production began in 2019, President Irfaan Ali said. The increase reflects lower…
ExxonMobil is stepping up its deepwater operations in Nigeria, deploying an ultra-deepwater drillship for the Usan Infill Project, which is expected to add up to 40,000 barrels per day to…
Chevron has discovered oil and gas condensate at an exploration well offshore Angola, finding more than 90 meters of net pay in the Pinda reservoir. The discovery adds to Chevron’s…
SLB is positioning itself to rapidly expand its Venezuela operations as the only major international oilfield services company currently active in the country, giving it a potential first-mover advantage as…
Shell has suffered a major setback in its plans to explore for oil and gas off South Africa’s Wild Coast after the Constitutional Court overturned a Supreme Court of Appeal…
India may reconsider its decision to make E20 petrol the only fuel option at stations across the country, as concerns grow over its impact on older vehicles and two-wheelers.The government’s…
the Democratic Republic of the Congo (DRC) is currently at the centre of intense global debate. While the country holds massive estimated reserves, its aggressive push to expand drilling has…
🇿🇦⚖️ South Africa’s Constitutional Court has blocked Shell-led offshore exploration along the Wild Coast, dealing another setback to the country’s oil and gas ambitions. The court overturned a 2024 ruling that had…
President Delcy Rodríguez signed strategic agreements with international consortia to develop the Loran Field, Block 2, in the Plataforma Deltana.The project aims to increase gas output, strengthen Venezuela’s energy industry…
Noble has secured a contract from ConocoPhillips Skandinavia for the Noble Interceptor jack-up rig offshore Norway.The contract is expected to begin in Q3 2027 and run for approximately 670 days.The…