Category: Oil
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Construction Begins on FSO Bound for Vietnam’s Oil Field

Steel cutting ceremony Wedoany.com Report-Feb 26, Yinson Production, part of Kuala Lumpur-based Yinson Holdings, along with its partners, conducted a steel-cutting ceremony for a floating storage and...

2025-02-26

Algeria’s Sonatrach, China’s Sinopec Sign $850 Million Contract for Hydrocarbon Development, Exploratio

The logo of the state energy company Sonatrach is pictured at the headquarters in Algiers, Algeria November 20, 2019. Wedoany.com Report-Feb 26, On Tuesday, February 25, 2025, Algeria’s state-o...

2025-02-26

Mari Petroleum’s Discover New Oil & Gas Reserves in Waziristan

Wedoany.com Report-Feb 25, Mari Petroleum has reported a new oil and gas discovery in Pakistan’s Waziristan Block, marking a positive development for the country’s petroleum sector. The co...

2025-02-25

Sonangol Readies Suezmax Orders in South Korea

Wedoany.com Report-Feb 25, Angola’s state-owned oil company, Sonangol, is planning to expand its fleet by ordering new suezmax crude tankers from South Korea. Shipbuilding sources indicate that ...

2025-02-25

Another oil & gas discovery for Galp in Namibia’s Orange Basin

Santorini drillship; Wedoany.com Report-Feb 25, A significant milestone has been reached in Namibias exploration efforts as Portuguese oil and gas company Galp has discovered light oil and gas-conden...

2025-02-25

CNPC’s Well Shendi Take-1 Reaches 10,910-Meter Milestone

Wedoany.com Report-Feb 25, China National Petroleum Corporation (CNPC) announced on February 20 the successful completion of the Well Shendi Take-1, drilled to a depth of 10,910 meters. This milestone...

2025-02-25

Trump may leverage Chevron to advance Venezuela agenda

Wedoany.com Report-Feb 25, Chevron Corp., a Houston-based oil company, plays a significant role in Venezuela’s economic recovery by boosting the nation’s crude oil production. Operating un...

2025-02-25

Saipem, Subsea7 Announce Merger Plans to Form Saipem7 in Deal Worth Billions

Wedoany.com Report-Feb 25, Saipem and Subsea7 have signed a memorandum of understanding (MoU) to pursue a potential merger, creating a combined company to be named Saipem7. The agreement, announced re...

2025-02-25

Trump Wants Canada’s Keystone XL Oil Pipeline Built ‘Now’

Wedoany.com Report-Feb 25, The Keystone XL oil pipeline, a major energy project that was previously abandoned by its developer, continues to face renewed interest from former President Donald Trump, w...

2025-02-25

OPEC+ to Hike Oil Output as Trump Seeks Lower Prices, BofA Says

Oil pumping jacks, also known as "nodding donkeys", operate in an oilfield near Almetyevsk, Tatarstan, Russia, on Wednesday, March 11, 2020. Wedoany.com Report-Feb 25, OPEC+ is anticipated to resume ...

2025-02-25