The Sakarya field lies in the western Black Sea roughly 175km offshore Eregli, Türkiye, in water depths of around 2,150m. Credit: Saipem. Italian offshore engineering contractor Saipem has secured a ...

The Cronos gas field lies in water depths of 2,287m. Credit: kaiser-v/Shutterstock.com. McDermott has secured a subsea contract from Eni Cyprus, a subsidiary of Eni, for the Cronos gas development in ...

The merged company is expected to control more than 1,500 sections across the Clearwater fairway in Alberta, Canada, with over 300mboe of 2P reserves. Credit: Arturas Orlauskas/Shutterstock.com.

The refinery, operational since 2024 in the Lekki Free Zone in Lagos, Nigeria, is part of Aliko Dangote’s Dangote Group. Credit: ABCDstock/Shutterstock.com. The ...

The acquired assets would add 25.6mboe in 2P reserves. Credit: mark.shoots/Shutterstock.com. UK-based energy company Kistos has been granted a Royal Decree by the ...

The French company will keep a 20% stake while retaining its LNG offtake share. Credit: Pomorzev/Shutterstock.com. TotalEnergies has agreed to transfer operatorship of the Papua LNG project in Papua ...

During H1, CNOOC made four new discoveries and appraised 16 oil and gas structures. Credit: Piotr Swat/Shutterstock.com. The China National Offshore Oil Corporation (CNOOC) has reported net profit ...

The Strait of Hormuz is a key shipping route that previously accounted for around one-fifth of global oil exports. Credit: WR7/Shutterstock.com. Oil prices hovered near recent highs on Wednesday 2 ...

Birch currently produces around 68,000boepd, comprising 38% oil, 32% NGLs and 30% gas. Credit: maxim ibragimov/Shutterstock.com. Diversified Energy has agreed to acquire Birch Permian and some ...

Argentine President Javier Milei has threatened sanctions on oil companies drilling off the Falkland Islands. Credit: Matias Lynch/Shutterstock.com. Argentine President Javier Milei has said he will ...

The Depentanizer Project is scheduled for completion and operational start-up in 2029. Credit: travelview/Shutterstock.com. CITGO Petroleum has announced a $310m investment to upgrade its Lake Charles ...