
Two energy giants, U.S.-headquartered ExxonMobil and Qatar’s QatarEnergy, have made a new gas find off the coast of Cyprus, using a drillship owned by Valaris, an offshore drilling contractor.

Ithaca Energy, a North Sea oil and gas operator and producer, has expanded its upstream portfolio with the acquisition of JAPEX UK E&P (JUK) from Japan Petroleum Exploration (JAPEX).