Matador's third-quarter oil output averaged a record 132,019 bopd, beating guidance on new-well outperformance and an early 12-well batch in its Ranger Asset area, while well costs fell 6% year over ...
Eni has started a 10-month drilling campaign for the Coral North FLNG project offshore Mozambique, using the Saipem 12000 drillship. The project is on track for 2028 startup.
Shell will sell its 16.67% non-operated interest in Australia’s North West Shelf LNG project to ADNOC’s XRG for $1.45 billion ...
Iraq's oil minister says agreements have been reached with Chevron on a West Qurna-2 field contract, while talks continue on ...
September oil production of 4.711 MMbpd was up 20.3% year on year, with presalt fields supplying 83.3% of national output and Búzios leading all fields for both oil and gas.
Afreximbank and APPO have formally launched the Africa Energy Bank with $5 billion in authorized capital to finance oil and ...
Baker Hughes has launched a global Mature Assets Solutions hub network, with centers in the U.S., Brazil, Norway, Angola, the Middle East and Malaysia, to boost output from mature fields.
Aker BP has awarded Subsea7 a $150–300 million EPCI contract for the fast-track Lyra development, formerly Kjøttkake, which ...
CompareNetworks has acquired Empowering Pumps & Equipment and launched Flow Systems, a new industrial media brand covering pumps, valves, seals, motors, drives and instrumentation.
ADNOC has taken FID on Ruwais Diyab, its first large-scale unconventional gas development, targeting 345 MMscfd from 2029 with potential to reach 1 Bcfd.
TotalEnergies will help Petronas build a Southeast Asia methane technology test center and expand AUSEA methane detection ...
NABEP’s in-country rig fleet in Venezuela will reach 41 in November as drilling and workover rigs arrive in the Orinoco Belt ...