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Permian producer Matador raises 2024 oil projections to 100,000 bopd

(WO) — Matador Resources Co. plans to produce more oil in 2024 than previously planned, a signal that wells in the western part of the Permian basin — the busiest U.S. oil field — continue […]

Fresh oil spills from Shell facility rocks Ogoni community again

*Scene of the oil spill incident from Shell facility in Ebubu, Eleme. Mkpoikana Udoma Port Harcourt — Fresh oil spills from a pipeline operated by the Shell Petroleum Development Company of Nigeria Limited, SPDC, has […]

Transocean considers merge with rival Seadrill as offshore work ramps up

(WO) — Transocean Ltd. is in talks to merge with rival offshore drilling contractor Seadrill Ltd., according to people familiar with the matter, just as offshore oil exploration is once again on the rise. […]

Gabon Petroleum targets 220,000 barrels per day oil production

*Gabon’s Minister of Petroleum Marcel Abeke Cape Town, South Africa — Gabon’s Minister of Petroleum Marcel Abeke is expected to outline how recent offshore discoveries will support production growth to 220,000 barrels per day, while […]

BiSN reaches 500 commercial deployment milestone for wel-lok™ technology

(WO) — BiSN, the global provider of wel-lok™ sealing solutions, has achieved a significant milestone by reaching 500 commercial deployments of its bismuth-based sealing technology. Demand from operators continues to grow in 2024 […]

Nigeria Army averts petrol tanker fire explosion in Rivers

*Nigeria Army averts petrol tanker fire explosion in Rivers. Mkpoikana Udoma Port Harcourt — A tragic petrol tanker fire explosion was on Wednesday averted in Port Harcourt, the Rivers State capital following the swift and […]

Enovate AI and Blu Clarity partner to deliver real-time analytics for upstream oil and gas

(WO) — Enovate AI has announced a strategic partnership with Blu Clarity, an innovator in proactive risk management and well control insurance. This collaboration brings together the latest in AI-powered real-time data analytics with dynamic […]

Black Gold Exploration joins with LGX Energy to expand key U.S. oil and gas leases

(WO) — Black Gold Exploration Corp. has announced the addition of 822 acres to the package of oil, gas and mineral leases in Clay County and Vigo County, Indiana that are subject to its ongoing […]

Nigeria launches 1 million barrels of oil per day addition plan

*Oil rig workers. …NUPRC celebrates 3 years of transformation and innovation Oritsegbubemi Omatseyin Lagos — The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has marked its third anniversary with the launch of the Project 1 Million Barrels […]

President Tinubu calls for cooperation to boost oil production

*George Akume Oritsegbubemi Omatseyin Lagos — President Bola Ahmed Tinubu has emphasised the importance of collaboration to achieve the government’s target of an additional one million barrels of crude oil production per day next year. […]