Russia Announces Participation in Pakistan's Oil and Gas Field Development and Energy Industry Cooperation
Russian Ambassador to Pakistan Albert Khorev announced at the "Russia-Islamic World: Kazan Forum" th...
PV Drilling Secures Jack-Up Rig Contract Offshore Vietnam, Expected to Commence in October 2026
Vietnam's Petrovietnam Drilling & Well Service Corporation (PV Drilling) has secured a jack-up rig c...
Norway's Oil Net Cash Flow Expected to Exceed $74 Billion in 2026, with Investment Around $30.7 Billion
The Norwegian government's latest forecast shows that the net cash flow from the country's petroleum...
PetroChina Secures Operating Rights for Two Waterborne Integrated Energy Stations on the Pinglu Canal
Wedoany News, May 12 — On May 12, Guangxi Sales exclusively secured the first-phase 4-year lease and...
Exploration Drilling in South Africa's Orange Basin Block 3B/4B Still Awaiting Environmental Authorization Review
Oil and gas drilling activities in South Africa's Orange Basin Block 3B/4B still face uncertainty, e...
BP and SOCAR Sign Two Memoranda of Understanding to Deepen Energy Cooperation
British energy company BP and the State Oil Company of Azerbaijan (SOCAR) have signed two new memora...
TAG Oil Secures Rig for T-200 Well in Egypt's Badr Oil Field, Drilling Expected to Begin by End of June
TAG Oil has secured a drilling rig for the T-200 well in its Badr Oil Field concession block in Egyp...
Saudi ADES Signs One-Year Contract with Nigeria's Belbop Nigeria for Jack-Up Drilling Rig
ADES Holding disclosed in a filing submitted to the Saudi Exchange on May 13, 2026, that it has sign...
ExxonMobil Evaluates Ultra-Deepwater Discovery in Guyana and Explores Tieback Development for Small Reservoirs
U.S. oil company ExxonMobil is evaluating an ultra-deepwater discovery in waters nearly 3,000 meters...
Final Investment Decision for Uganda's Hoima Oil Refinery to be Signed in 2027, with Commissioning Planned Before 2030
The Hoima Oil Refinery project in Uganda has recently entered a critical development phase. The proj...
Saudi Aramco and Microsoft Sign Memorandum to Deepen Industrial AI Cooperation in Saudi Arabia
Saudi Aramco and Microsoft have signed a memorandum of understanding aimed at accelerating the deplo...
Seadrill Secures $860 Million in Offshore Drilling Contracts in Brazil, U.S., and Angola
Offshore drilling company Seadrill has secured new contracts and extensions in Brazil, the U.S. Gulf...
Perenco Congo Completes Infill Drilling at Tchibouela East Field Offshore Congo, Adding 6,000 bpd
Independent oil and gas company Perenco recently announced that its five-well infill drilling progra...
PetroVietnam Drilling Signs Jack-Up Rig Contract with Zarubezhneft for Offshore Vietnam, Operations to Commence October 2026
Petrovietnam Drilling and Well Service Corporation (PV Drilling) has recently signed a jack-up rig s...
Syria's First Deepwater Oil and Gas Project Site Finalized, Advancing in Cooperation with Chevron and Qatar's UCC
The site for Syria's first deepwater oil and gas exploration project has been finalized, with partne...
Vaalco Energy Commences Drilling of Six Additional Development Wells in Egypt's Eastern Desert in Early May
Vaalco Energy has commenced a new drilling campaign in Egypt's Eastern Desert in early May, having s...
Norwegian Shipowner Secures Two-Year Charter for Subsea Construction Vessel
In May 2026, Norwegian offshore service vessel operator Solstad Offshore disclosed that it had signe...
Diesel Prices Soar, China's Electric Heavy Truck Sales Surge 45% in Q1
The disruption of the Strait of Hormuz by the US-Iran conflict is accelerating the electrification t...