Saipem wins $1 billion order for Eni and BP's deepwater project in Angola
On June 23, Azule Energy—a joint venture between Italy's Eni and the UK's BP—has awarded contracts f...
KazMunayGas Launches AI-Powered Digital Twin Pilot for Oil Fields
KazMunayGas (KMG) has launched an AI-based digital twin project for oil fields, with the pilot selec...
Norway's Wellesley Carmen Gas Field Discovery Reaches Up to 107 Million Barrels of Oil Equivalent
Norwegian oil and gas company Wellesley Petroleum and its partners have confirmed a gas condensate d...
PetroTal Plans to Drill New Wells in Peru, Targeting Production Above 20,000 bopd
PetroTal plans to resume development well drilling in the Bretaña field of Block 95 in Peru starting...
Saudi Ministry of Energy Awards 8 Licenses for LPG Facilities and Wholesale Distribution
The Saudi Ministry of Energy announced the awarding of 8 licenses for the construction of liquefied ...
Europa Oil & Gas Extends Deadline for Transfer of Equatorial Guinea Offshore Interest to July 2026
Europa Oil & Gas has extended the completion deadline for the transfer of a 40% interest in the EG-0...
Kuwait Petroleum Company Launches Naphtha Loading Tender
Kuwait has recently launched a naphtha loading tender, allowing buyers to take delivery directly at ...
Egypt Forms Joint Committee to Drive $4.5 Billion Refinery Project Financing
Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, and Minister of Investment and Fo...
Rem Offshore's New Vessel Departs Vietnam for Norway, Delivery in 2027
Rem Offshore's second Energy Subsea Construction Vessel (ESCV) has departed from Vietnam and is en r...
Nayara Energy Surpasses 7,000 Fuel Stations in India
Nayara Energy, backed by Rosneft, has expanded its fuel station network to over 7,000 across India, ...
Petrobras and Pemex to Sign Cooperation Memorandum on the 23rd
Petrobras and Pemex will sign a memorandum of understanding this Tuesday (23rd), planning strategic ...
Ecuador's State Oil Company Restarts Lobo Field, Producing 2,300 Barrels Per Day
Ecuador's state oil company, Petroecuador, has restarted drilling activities at the Lobo field in Bl...
Azule Energy Approves Greater PAJ Project with Capacity of 95,000 Barrels per Day
Azule Energy has approved the final investment decision for the Greater PAJ project, Angola's first ...
Suriname Port Applies for $15 Million Expansion to Support Oil and Gas Operations
Suriname's Kuldipsingh Port Facility (KPF) plans to expand its multi-purpose cargo terminal in the W...
TechnipFMC Secures $75 Million to $250 Million Pipeline Contract for Angola's Greater PAJ Project
TechnipFMC has been awarded a contract by Azule Energy to supply flexible flowlines and risers for t...
Romania's OMV Petrom Commissions €140 Million Aromatics Unit with 150,000 Tons Annual Capacity
OMV Petrom has commissioned a new aromatics unit at its Petrobrazi refinery, with a total investment...
60 Days! U.S. Authorizes Production, Delivery, and Sale of Iranian Oil
U.S. Treasury Secretary Bessent announced via social media on June 22 that, as part of the framework...
Talara Refinery Initiates First Comprehensive Inspection of Flexicoking Unit, Approximately 90 Days
Refinería Talara has initiated the first comprehensive inspection of the Flexicoking (FCK) unit, str...
Norway's Equinor TWIN Subsea Project Invests $420 Million
Norwegian energy company Equinor and its partners plan to invest over NOK 4 billion, approximately $...
Canada's Equinor expects Bay du Nord deepwater project decision by early 2027
Equinor has informed investors that it will decide by early 2027 whether to proceed with the Bay du ...
Canada's ICONIC Provides Power Generation Solution for Alberta Off-Grid Oil Battery
ICONIC Electric and Controls has provided a complete electrical and instrumentation installation and...
Serbia Signs Shareholder Agreement with Hungary's MOL on Management of Serbian Oil Company NIS
The Serbian government has signed a shareholder agreement with Hungary's MOL Group concerning the ma...
Nigeria Urges Eni to Accelerate $20 Billion Zabazaba and Bonga Deepwater Projects
The Nigerian federal government has urged Eni to expedite final investment decisions for two major d...
Eco Atlantic Namibia Project Secures $63 Million Cost Coverage from BP
Eco (Atlantic) Oil & Gas Ltd. announced mid-term progress across its asset portfolio in Namibia, Guy...
Indonesia and Kuwait Strengthen Energy Cooperation: KUFPEC Participates in 8 Exploration Projects
Indonesia and Kuwait reaffirmed their commitment to strengthening energy security cooperation during...
Côte d'Ivoire's Baleine Oilfield Expansion to Boost Offshore Output to 150,000 Barrels Per Day
Côte d'Ivoire is accelerating its offshore oil and gas development, further solidifying its position...
Norway's Eureka Secures Yinson Production Contract for Backup Power on Nigerian FPSO
Eureka, a Norwegian oil industry supplier under the Techouse Group, has secured a contract from Sing...
Bourbon Secures Multi-Month Subsea Services Contract Offshore Ghana
French maritime services provider Bourbon has secured a subsea services contract offshore Ghana, wit...
Chevron and Halliburton Validate Fully Automated Closed-Loop Fracturing System
Chevron and Halliburton have successfully validated a fully automated closed-loop fracturing solutio...
Oman's Ministry of Energy and Minerals Promotes Oil and Gas Decarbonization, 200 MW Wind Power Project to Be Commissioned This Year
Oman's Ministry of Energy and Minerals is advancing multiple initiatives to boost hydrocarbon produc...