news

At the recent “Spring Swing” golf tournament hosted by the Permian Basin Petroleum Association, the conversations among Texas oil executives extended beyond the usual frustrations of missed putts and lost…

In a strategic move that signals Turkey’s growing appetite for offshore energy assets, Turkish Petroleum (TPAO), the state-owned oil and gas giant, is preparing to enter Pakistan’s offshore exploration sector…

In a fresh move to tighten the screws on global enforcement of its sanctions regime, the United States has imposed penalties on Chinese energy firm Guangsha Zhoushan Energy Group, accusing…

Energy giant Shell has successfully brought a new source of deepwater oil online in the US Gulf of Mexico, further cementing its strategy of maximizing production through existing infrastructure. The…

Malaysia’s state-owned energy giant Petronas has revealed additional details about its forthcoming offshore drilling campaign in Suriname, marking a significant step toward evaluating the potential of Block 52 in the…

Suriname is actively seeking to recruit Dutch workers to fulfill the labor demands generated by its burgeoning oil industry. During an emigration fair held in Houten over the weekend, Surinamese…

This 3D baseline project is set to begin in early Q3 and will last around 80 days. Kristian Johansen, CEO of TGS, stated, “Our OBN technology remains the industry’s preferred…

European energy giant Shell has solidified its strategic commitment to offshore oil exploration with the signing of a major contract with Stena Drilling, a leading firm headquartered in Aberdeen, Scotland.…

Noble Corporation has successfully obtained a contract extension with Petrobras, the Brazilian state-owned oil company, for its drilling rig operating offshore Colombia. This agreement will keep the Noble Discoverer engaged…

Reconnaissance Energy Africa (ReconAfrica) is preparing to drill its second exploratory well in Namibia’s frontier Kavango basin, betting on a less complex geological structure following the company’s initial drilling setback.…