VAALCO Energy has secured government approval to advance exploration at its operated CI-705 block offshore Côte d'Ivoire, with plans to drill an exploration well by the end of 2028.The approval follows the completion of the block's First Exploration Phase, which included the evaluation and interpretation of existing seismic and well data.Under the Second Exploration Phase, the company is committed to carrying out further seismic reprocessing…
Murphy Oil Corporation has secured six offshore exploration licenses in Israel's Zone G, marking the company's entry into the Eastern Mediterranean.The licenses, awarded by the Government of Israel, cover approximately 1,700 square kilometers offshore Israel…
Windows were blown out across several floors of Saudi oil giant Aramco's corporate office in the heart of the financial district of the capital Riyadh on Sunday by what the energy ministry said was debris from an attempt to attack the building…
ADES Holding has secured three-year contracts from India's Oil and Natural Gas Corporation (ONGC) for two jack-up drilling rigs, with a combined firm contract value of approximately $117.2 million (SAR 439.6 million).The awards cover the standard jack-up rigs Key Singapore and Admarine 10…
Malaysia's Velesto Energy has secured a contract from Petronas Carigali for its NAGA 3 jack-up drilling rig, covering one firm well and an option for a second well.The contract was awarded through Velesto's wholly-owned subsidiary, Velesto Drilling…
Aker Solutions has received a letter of award (LOA) from PTSC Mechanical and Construction (PTSC M&C) for detailed engineering work on the redevelopment of QatarEnergy's Maydan Mahzam oil field offshore Qatar.The scope covers detailed design services for several offshore installations…
TotalEnergies has signed an agreement with China's Jiangsu Guoxin Group to supply 900,000 tons of liquefied natural gas (LNG) annually for 15 years, with deliveries expected to begin in 2028, subject to the finalisation of sales and purchase agreements…
Energy technology company Baker Hughes has launched a global Mature Assets Solutions (MAS) hub network aimed at helping oil and gas operators increase production efficiency, improve recovery and extend the life of existing fields.The network…
Offshore drilling contractor Valaris has secured approximately $600 million in new contracts and extensions since its previous fleet status report in August 2026, increasing its total contracted backlog to around $4.8 billion.The latest awards cover drillships…
Jadestone Energy's oil and gas production has risen to approximately 19,000 barrels of oil equivalent per day (boepd) following the restart of the Cossack, Wanaea, Lambert and Hermes (CWLH) oil fields offshore Western Australia.Production resumed…
Saudi state oil giant Aramco is working to expand a crude pipeline that circumvents the Strait of Hormuz as the world continues to experience the biggest energy supply shock in history, CEO Amin Nasser said on Tuesday.The effective blockade of the chokepoint that links the Gulf to world markets…
ADES Holding has secured a one-year contract extension for the Shelf Drilling Tenacious jack-up rig offshore Angola and a new drilling contract for the Shelf Drilling Perseverance in Indonesia, adding to its offshore drilling backlog across Africa and Southeast Asia…
Shell has agreed to sell its 16.67% non-operated interest in Australia's North West Shelf (NWS) LNG project to subsidiaries of XRG for a base consideration of $1.45 billion.The deal covers Shell's interest in the North West Shelf project in Western Australia…
Saudi state oil company Aramco reported on Tuesday a 34.5% increase in third-quarter net profit despite attacks on its facilities, mainly due to higher revenue and its exit from a joint venture.The world's top oil exporter reported a net profit of $36…
Searah, the joint venture between Eni and Petronas, has started gas production from the Maha field offshore Indonesia, with output expected to ramp up to 230 million standard cubic feet per day (MMSCFD).Located in the West Ganal block in the Kutei Basin…
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