OKEA achieves 71% profit increase in Q1 2026
OKEA, a Norwegian Continental Shelf operator, has reported net profit of $36m (Nkr334.87m) in the first quarter of 2026 (Q1 …
Post
-
-
M&P, NG Energy make gas discovery at Hechicero-1X well in Colombia
Etablissements Maurel & Prom (M&P) and NG Energy International (NGE) have reported the discovery of a new natural gas reservoir …
-
Petro Victory confirms 72m gas pay at SJ-12 well in São João field
Petro Victory Energy has identified 72m of gas pay within a 280m gross hydrocarbon interval at the 7-SJ-12DA-MA well (SJ-12) …
-
UAE to quit OPEC, opening door to higher output outside quotas
The United Arab Emirates (UAE) has announced its decision to leave the Organisation of the Petroleum Exporting Countries (OPEC), effective …
-
BP reports 453% surge in net profit to $3.8bn in Q1 2026
BP reported net profit attributable to its shareholders of $3.8bn for the first quarter of 2026 (Q1 2026), an increase …
-
Mongolia approves Jade Gas appraisal report for TTCBM project
Jade Gas, an Australia-based gas exploration company, has received approval from the Mineral Resources and Petroleum Authority of Mongolia for …
-
Greenland Energy signs Halliburton for Jameson Land Basin drilling
Greenland Energy has formalised an agreement with Halliburton to secure integrated consulting and logistical management services for its onshore drilling …
-
Tersis and Vivum pursue first UK modular waste‑to‑energy plant
Tersis Technologies has signed a non‑binding memorandum of understanding (MoU) with Vivum Intelligent Media to pursue the first UK deployment of Tersis’ Oaktree modular …
-
Finder Energy mobilises resources to fast-track KTJ oil project
Finder Energy has announced the mobilisation of “significant resources” to fast-track the timeline of its flagship Kuda Tasi and Jahal …
-
Camuzzi and Vitol sign MoU for LNG del Plata project in Argentina
Camuzzi Gas Inversora has signed a memorandum of understanding (MoU) with Vitol regarding its LNG del Plata project in Argentina, …
-
Shell to acquire Montney producer ARC Resources in $16.4bn deal
Shell has agreed to acquire ARC Resources, a Toronto Stock Exchange-listed energy company operating in the Montney shale basin in …
-
Efforts to cut worldwide emissions likely to miss interim goals, says GlobalData poll
The Intergovernmental Panel on Climate Change (IPCC), a UN body responsible for assessing science related to climate change, helped define …
-
Crude climbs 3% as Strait of Hormuz restrictions continue
Oil prices climbed nearly 3% on 27 April as discussions aimed at easing tensions between the US and Iran failed …
-
Archer lands three-year wireline extension on NCS from Equinor
Archer, a well services company, has secured a contract extension for three years to provide wireline and intervention services for …
-
Why employers require BOSIET before offshore deployment
The nature of offshore risk Unlike most onshore workplaces, offshore environments operate in remote locations where emergency services cannot respond quickly. …
