International2 months agoTransocean To Buy Offshore Rig Contractor Valaris For $5.8 BillionOilfield services firm Transocean will acquire offshore rig contractor Valaris in an all-stock deal valued at ~$5.8B, where Valaris shareholders…
International2 months agoPerenco installs $200 million platform offshore Congo-BrazzavilleKombi 2 facility aims to revitalise oil and gas production from legacy assets Perenco has installed a $200 million new…
International2 months agoShell’s Adjusted Earnings Records $3.3 Bn in Q4 2025Shell reported adjusted earnings of $3.3 billion for the fourth quarter of 2025, representing a 39% decrease compared to the…
International2 months agoNamibia won’t recognise TotalEnergies, Petrobras dealNamibia will not recognise the purchase of offshore stakes in the Luderitz Basin announced last week by TotalEnergies and Petrobras…
International2 months agoPetrobras wins approval to resume drilling in Brazil’s Foz do Amazonas frontierBrazil’s oil regulator has authorized Petrobras to resume drilling operations in the environmentally sensitive Foz do Amazonas region, reopening one…
International2 months agoEquinor makes oil discovery in Johan Castberg area in Barents SeaEquinor has struck oil in exploration well 7720/7-DD-1H, Drivis Tubåen, on the Johan Castberg field in the Barents Sea, it…
International2 months agoShell wants to export Venezuelan gas through Trinidad, CEO saysShell hopes to produce gas from Venezuela’s Dragon field in three years and have it processed in Trinidad and Tobago…
International2 months agoBrazilian oil and gas production record in 2025, 4,987million boe/dBrazil daily production of oil and natural gas in 2025 reached the equivalent of 4,987 million boe/d, a new record,…
International2 months agoChevron Signs Oil Exploration Deal in Syrian WatersChevron has signed a memorandum of understanding, or an initial agreement, with the Syrian Petroleum Company and the Qatari firm…
International2 months agoShell sheds minor stake in Brazil’s deepwater oil & gas project to Middle Eastern firmShell Brasil Petróleo (Shell Brasil), a subsidiary of the UK-headquartered energy giant Shell, has struck a deal to offload a…
