Norwegian multinational energy firm Equinor has commended Angola’s recent Incremental Production Decree as a landmark reform that enhances the country’s ability to attract oil and gas investments, while boosting production and driving economic growth. The […]
(Bloomberg) – Chappal Energies has completed the acquisition of Equinor Nigeria Energy Company, a unit of Norway-based Equinor ASA, a transaction first announced in 2023. Nigerian regulators approved the transaction in November after months of […]
(Bloomberg) – Colombia’s biggest offshore natural gas discovery by Petrobras and Ecopetrol SA could triple the country’s reserves if the deposit is commercially viable, potentially easing the nation’s shortfall. The Sirius-2 exploration well has confirmed […]
Paul Hickin, Editor-in-Chief of Petroleum Economist, has been named one of Cititec’s 50 Voices in Commodities Worth Following. This prestigious recognition underscores Paul’s exceptional contributions to commodity market analysis and his leadership in the global […]
National Ocean Industries Association (NOIA) President Erik Milito issued the following statement after the Bureau of Ocean Energy Management (BOEM) released the Draft Programmatic Environmental Impact Statement (EIS) for oil and gas leasing in the […]
Crescent Energy Company has announced the signing of a definitive agreement to acquire Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million plus future oil price contingent consideration, subject to customary purchase […]
The Deepwater Development Conference (MCEDD), the flagship event for innovation and collaboration in the deepwater oil and gas industry, is pleased to announce an addition to the MCEDD board from Total Energies. MCEDD […]
Compass Datacenters, which designs and constructs data center campuses for some of the world’s largest technology companies, has signed a multi-year capacity agreement with Siemens to supply a custom modular medium-voltage skid solution. […]
Kent has secured a three-year global Engineering, Procurement, and Construction Management (EPCm) framework contract by bp (P&O Projects). This contract includes options for two additional 2-year extensions and positions Kent as a key partner to […]
(Bloomberg) – OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had shuttered its biggest oil field. The Organization of Petroleum Exporting Countries pumped […]
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