The contract extension for one of Angola’s most productive oil assets "marks a major milestone in Angola’s efforts to sustain oil production above one million barrels per ...

The assessment determined that there are technically recoverable resources of 703 million bbl of oil and 5.8 tcf of gas.

Baker Hughes will lead the integrated plug and abandonment campaign planning phase, as well as deliver integrated services across several wells in the North Sea.

At 432.4 million bbl, US crude oil inventories are about 8% below the 5-year average for this time of year, the report indicated.

In a letter to FERC June 10, the company said, “pursuing the Delta LNG project at this particular time would not be the best use of its corporate resources or the resources ...

ExxonMobil drilled 4-mile lateral wells in the Permian basin which extended to 33,000-ft MD. Well completions consisted of ...

The letter is subject to conditions, including government approvals in Cameroon and completion of TRCSA's farm-out to Prime Global Energies Ltd.

Pharos Energy said the extension allows the company to “retain optionality for the prospect to be drilled,” while still investing in near term production growth in its ...

The aim of the contracts, awarded in three tranches, is expansion of certain gas processing units to increase throughput and improve operational efficiency across four ADNOC ...

Once regulatory approvals are in place, field development will begin with production expected to start in 2027.

The oil price is currently defenseless. Seasonal demand in the northern hemisphere summer may obscure the impact for a bit, ...

The vessel, developed in Norway by Höegh Evi, Aker BP and Moss Maritime, will transport CO2 from European industrial emitters ...