News

(Bloomberg) — TotalEnergies SE is planning a fresh drilling campaign offshore South Africa in a vast basin that includes major oil discoveries in neighboring Namibia.  Total’s South African unit expects to drill as […]

Vantage Drilling International Ltd. has completed its sale of the Tungsten Explorer to TEVA Ship Charter LLC, the joint venture entity owned 25% by Vantage Drilling and 75% by TotalEnergies.  As previously announced, […]

Valmet has signed a nationwide agreement with Petrobras (Petróleo Brasileiro S.A.) for the supply of spare parts of Neles™ valves, actuators, and positioners across all Petrobras operational units, including oil and natural gas exploration, production, […]

(Bloomberg) – Shale oil producers added a single drill rig this week after 14 consecutive weeks of declines, staving off at least for now a pandemic-level downturn in U.S. activity.  Rigs drilling for […]

Ammat Global Resources has announced an ambitious growth strategy for exploration and production in the Republic of Congo, aiming to increase the company’s oil and gas output by 70% over the next five years.  […]