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Italy’s Eni in exclusive talks to acquire Neptune Energy
Italian energy giant Eni has started exclusive talks to acquire Neptune Energy, a private-equity backed gas and oil producer, reported …
Chevron starts production from Gorgon Stage 2
Chevron has started gas production from the Gorgon Stage 2 development project off the coast of Western Australia. The Gorgon Stage …
Sembcorp to further natural gas imports from Indonesia
Singaporean energy conglomerate Sembcorp has announced a $1.41bn agreement with Indonesian oil and gas company PT Medco Energi Internasional to …
Pertamina could acquire Shell’s stake in Masela LNG project
Pertamina, an Indonesian government-backed energy company, is expected to take over Shell’s stake in the Masela gas project, reported Reuters. Citing Indonesian …
DRC nearing deal with Angola and Chevron over offshore oil
The Democratic Republic of Congo (DRC) is finalising an agreement with neighbour Angola and oil company Chevron over an offshore …
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Japan pledges $107bn in funding for hydrogen developments
The Japanese Government has agreed on a new plan to generate 15 trillion yuan ($107bn) of both private and public …
DNO removes UK North Sea production platform
Norwegian oil and gas operator DNO has announced the removal of wellhead platform production facilities from the Schooner field offshore …
Halliburton buys Norway’s technology company Resoptima
Halliburton has acquired Resoptima, a Norway-based technology company that provides data-driven reservoir management, for an undisclosed sum. Resoptima provides technology solutions …
Expro gets well intervention contract for Tilenga project in Uganda
Energy services provider Expro Group has secured a five-year well intervention and integrity contract worth $30m from TotalEnergies for the …
Aker BP gets Norwegian parliament approval for offshore projects
Aker BP has secured approval from the Norwegian parliament, the Storting, for the development and operation of the Yggdrasil area …
China commences drilling on 11,100m-deep borehole
The China National Petroleum Corporation has begun drilling a borehole to a depth of 11,100m in the Taklamakan Desert, a …
JX Nippon to buy stake in PRL15 license from TotalEnergies
JX Nippon Oil & Gas Exploration (JX Nippon), through its wholly owned subsidiary JX Nippon Oil & Gas Exploration (JX …
US imposes new oil and gas leasing ban around Chaco Canyon
The US has imposed a ban on issuing new oil and gas drilling leases within ten miles of the Chaco …
Top ten countries currently developing the most oil and gas fields
When the International Energy Agency (IEA) published its Net Zero by 2050 analysis in 2021, it became clear just how …
Saudi Arabia announces further output cuts in a bid to secure oil prices
Saudi Arabia plans to cut oil production by an additional one million barrels per day (bpd) for the month of …