A price cap for seaborne Russian crude oil is being imposed by the G7 and Australia while OPEC+ has decided to keep the status quo.
Yinson Production, through its wholly-owned subsidiary, Yinson Azalea Production Pte Ltd, has entered into an agreement for preliminary activities with Azule Energy, through its wholly-owned subsidiary Eni Angola S.p.A, for the Agogo project in Angola. Under the agreement, the parties will commence
Serica Energy has found hydrocarbons in an exploration well in the North Sea off the UK, but the commercial quantity is yet to be determined.
The 15th Offshore Energy Exhibition & Conference (OEEC) in Amsterdam once again proved to be a great success: as always, the two-day exhibition offered exciting networking opportunities, knowledge sharing, presentations, workshops and a lot more. Energy security, green hydrogen, human capital and fl
TotalEnergies has greenlighted the two-well infill drilling programme in the Danish North Sea to ramp up gas production from 2023.
Neptune Energy has confirmed a new discovery in the Norwegian Sea, which appears to have commercial potential based on the initial analysis.
Karoon Energy has completed the drilling of two wells at a field, located in the Santos Basin offshore Brazil.
SEE MONSTER, a decommissioned North Sea platform’s new lease on life has now come to an end and it is expected to be recycled in the UK.
Aker BP will vote in favour of submitting PDOs for multiple oil and gas projects, anticipated to take place by mid-December 2022.
The deepwater oil and gas production is set to increase by 60 per cent by the end of the decade, says Wood Mackenzie.
Moody’s has highlighted that the rise in the energy windfall tax will crimp the North Sea producers’ free cash flow generation.
Earthjustice has urged Biden to put a stop to new drilling and ongoing fossil fuel extraction on U.S. federal lands and offshore territories.
KazMunayGas and Lukoil have set the wheels into motion to mobilise a rig to carry out drilling ops in the Caspian Sea in mid-December.
Total capital expenditures (capex) for oil and gas exploration in Africa rose from $3.4 billion in 2020 to $5.1 billion in 2022.
