Repsol reports higher production, advances Alaska, Brazil and Libya projects
Repsol reported stronger first-half upstream earnings as oil and gas production climbed to its highest level in two years, supported…
Middle East
Oil tops $100 as Middle East tensions rattle markets after Sarb rate decision
Oil prices surged above the psychologically significant $100 a barrel mark on Friday morning as escalating conflict in the Middle…
Australia
H&P rig mobilizes to Omega’s Canyon-3 well in Taroom Trough
Helmerich & Payne’s FlexRig 648 began moving to Omega’s Canyon-3 well site in Queensland’s Taroom Trough, marking the start of…
Europe
First jacket for BP’s $7 billion gas and CCUS project reaches its destination
BP, a UK-headquartered energy giant, has tucked a new milestone under its belt with the arrival of the first jacket…
Africa
Saipem’s Santorini heads back to Côte d’Ivoire for Eni
Saipem secured a new offshore drilling contract from Eni Côte d’Ivoire Limited. The drillship Santorini will carry out a long-term…
Asia
Velesto secures $51 million Chevron Malaysia drilling contract
Velesto Energy Berhad has been awarded a contract valued at approximately $51 million by Hess Exploration and Production Malaysia B.V.,…
South America
Fluxus acquires stake in Venezuela’s Petrororaima joint venture
Brazil’s billionaire Batista brothers have acquired a stake in an oil production project in Venezuela, the latest deal to emerge…
Asia
Petros begins first oil production in Sarawak with 800 barrels a day from Marudi well
Petros has started producing its first oil, pumping 800 barrels daily from an onshore well near Marudi, marking Sarawak’s first…
Middle East
Egypt Approves Oil and Gas Deals Including Perenco North Sinai Project
Egypt’s parliament approved four oil and gas exploration and development agreements on Wednesday, including a North Sinai project involving Franco-British…
Africa
Nigeria awards 37 oil blocks to 31 firms in historic frontier-basin bids
Nigeria handed out 37 oil and gas blocks to 31 companies on Tuesday, capping a licensing round that regulators say…
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