Petrobras has reached its 2024 annual production target, achieving total production of 2.7 million barrels of oil equivalent per day (boe/d) of oil and natural gas, aligning with its its Strategic Plan 2024-2028. The ...
Kuwait Oil Company (KOC) has made a hydrocarbon discovery at the Al-Jlaiaa offshore field within Kuwaiti waters, estimated to hold 800 million barrels (mmbbls) of medium-density oil and as estimated 600 billion standa...
Ghiath Diab, the oil minister in the interim government appointed by Syria’s new rulers, has issued public tenders for oil and its products, Reuters reported. Syria’s 13-year civil war has severely impacte...
Equinor has secured 27 new production licenses in this years’ Awards in Predefined Areas (APA) by Norway’s Ministry of Energy, including 20 licenses in the North Sea, six in the Norwegian Sea, and one in the Bar...
Eni has kicked off the Baleine Phase 2 project offshore the Côte d’Ivoire with the goal of achieving a production capacity of 60,000 barrels per day (bbl/d) of oil and 70 million cubic feet of associated gas (eq...
UK-based oil and gas explorer, Pharos Energy has received approval from the government to extend the license of TGT and CNV fields by five years in Vietnam, allowing operations to continue into the early 2030s. The Te...
Chevron has made a swap deal with Woodside in oil and gas operations in Western Australia. As per the deal, Chevron would sell its interest in North West Shelf venture and take over all of Woodside’s interest in...
Shell Nigeria Exploration and Production Company Limited (SNEPCo), has reached a final investment decision (FID) on the Bonga North deep-water project, located in OML 118 offshore Nigeria. The project, which will help...
Some Omani private sector companies signed on Wednesday an agreement to establish a $45 million oil wellheads plant in Oman. The plant, to be located in the Special Economic Zone at Duqm, will have an annual productio...
Kuwait Foreign Petroleum Exploration Company (KUFPEC) is seeking to increase oil and gas projects in Indonesia’s Natuna Sea, according to Reuters. “We are particularly focused on potential blocks in the Na...