Libya’s National Oil Corporation (NOC), re-entering the exploratory well C1-16/4 (also known as BESS-3) at Block 16/4marks Eni’s return to the country after a five-year break caused by the COVID-19 pandemic…
Nigeria has secured another major boost to its gas sector as global energy giant Shell announced a $2 billion investment in the development of the HI Field, a shallow offshore…
140 million BP contract: On October 13, Valaris was awarded a five-well contract by BP Exploration Delta for the VALARIS DS-12 drillship in Egypt.The project is expected to begin in…
Nayara's energy a major refining and marketing company facing EU sanctions due to his Russian holding ownership places it at the centre of long-standing close ties between New Delhi and…
Nigeria has strengthened crude oil evacuation infrastructure that support pipelines isolation measures due to high level third party infractions that has largely aided oil theft. The commissioning of the country’s…
BP won an arbitration case against US LNG exporter Venture Global over the supplier's failure to deliver liquefied natural gas (LNG) cargoes from its Calcasieu Pass plant.Venture Global was found…
On October 9, 2025, Aramco finalized the acquisition of an additional 22.5% stake in Rabigh Refining and Petrochemical Co. (Petro Rabigh) from Japan's Sumitomo Chemical for $702 million. This increases…
Vitol received this award for its significant role in the expansion of the West African oil and gas sector, particularly through recent transactions and partnerships.Vitol's Acquisition of Baleine Stake: In…
TotalEnergies has agreed to sell its non-operated interests in several mature fields in the Greater Ekofisk Area of the Norwegian North Sea. The stakes in West Ekofisk and Albuskjell are…