Apache has made what it says is a major oil discovery at the Kwaskwasi-1 well drilled offshore Suriname in Block 58.
Tullow Oil has postponed the drilling of its exploration well on a block located offshore Suriname. Meanwhile, Tullow is looking to hire a rig for the well.
Hess sank deeper into the red during the second quarter of the year compared to the same period last year as its revenues dipped on lower oil and gas prices.
The Norwegian Petroleum Directorate has granted Equinor a drilling permit for wells located in the Norwegian Sea.
Ampelmann has secured a contract with Olympic Shipping to support topside commissioning work on Ithaca Energy’s FPF-1 offshore semi-submersible in the North Sea.
Spirit Energy has given another three years of life with an additional £13 million ($16.7Mn) investment to its York gas field in the Southern North Sea.
The Ministry of Mines and Energy in Namibia has agreed to extend Global Petroleum’s licence sub-period in connection with a licence offshore Namibia.
Aker Solutions has secured a five-year contract extension from ExxonMobil for the provision of EPC services for the Hebron platform, offshore Newfoundland.
The upcoming partial return of curtailed OPEC+ oil production from August is set to create a new four-month supply glut of around 170 million barrels, a Rystad Energy analysis reveals.
Eni has successfully tested the well drilled on the prospect called Bashrush, in the North El Hammad concession in the Mediterranean Sea, in the conventional Egyptian waters of the Nile Delta.
OMV is the process of concluding the drilling of an appraisal well on the Hades gas/condensate discovery in the Norwegian Sea.
ION has announced the first 3D multi-client program in Mauritania with the Ministry of Petroleum, Mines and Energy (MPME). ION will seamlessly integrate and reimage some 24,000 square kilometres of MPME-held 3D data. It can also further expand the scope to include approximately 15,000 kilometres of
ADNOC has entered into an agreement for the transfer of rights in its Lower Zakum and Umm Shaif and Nasr offshore concessions from CNPC to CNOOC Limited.
Hurricane Energy has stabilised production from its Lancaster field following the commissioning of the electric submersible pumps on two producing wells.
