Abu Dhabi National Oil Company (ADNOC) has secured a $6.2 billion final investment decision (FID) to develop the Umm Shaif Gas Cap in Abu Dhabi, reinforcing the country's energy security and its role as a reliabl ...
ExxonMobil and its partners will invest $1 billion in the Usan Infill Project offshore Nigeria, a development expected to add about 40,000 barrels per day (bbl/d) of crude oil production, ExxonMobil Nigeria Managi ...
Baker Hughes, a leading energy technology company, announced that it has secured multiple contracts from India's Oil and Natural Gas Corporation Limited (ONGC) to deliver advanced wireline services aimed at enhanc ...
Maridive & Oil Services delivered a financial rebound in the first quarter of 2026, returning to profitability on the back of higher revenues and disciplined cost control.
TotalEnergies, alongside partners QatarEnergy and ConocoPhillips, has signed a Memorandum of Understanding (MoU) with the Syrian Petroleum Company (SPC) to evaluate Block 3 offshore Syria in the Mediterranean Sea. ...
Ministry of Petroleum and Mineral Resources announced a new offshore oil discovery in the Gulf of Suez after drilling the NER-1X well. Production is expected to begin within days at about 3,000 bbl/d, using the ex ...
Petroleum Marine Services (PMS) has been awarded the execution contract for Phase Four development of the Kamose offshore gas field in North Sinai. The scope of work includes the installation of three new offshore ...
ExxonMobil and Qatar Energy have commenced exploratory drilling for natural gas in a prospect named Electra, located west of Cyprus, as announced by Cyprus President Nikos Christodoulides on X. The drilling operat ...
Petrobras has extended the charter and service agreement for the FPSO Cidade de Angra dos Reis to continue operating in Tupi field at Santos Basin offshore Brazil until 2030. Along with the extension, the FPSO wil ...
Equinor has been awarded 27 new production licences in the 2024 Awards in Predefined Areas (APA) by Norway’s Ministry of Energy. The licences include 20 in the North Sea, six in the Norwegian Sea, and one in the B ...
