TotalEnergies has inked a deal to acquire CEPSA’s upstream assets in the UAE, adding multiple offshore fields to its asset portfolio.
The International Energy Agency (IEA) has outlined a new price gap-plus approach that could bring carbon prices and environmental costs into the equation.
DNV, a Norway-based classification society, which predicts that energy security will be the top priority in the energy trilemma this year.
Chevron has inked a memorandum of understanding (MoU) on methane management with Egypt’s Ministry of Petroleum and Mineral Resources.
Valaris has revealed a robust performance during 4Q 2022 while kicking off 2023 with new contracts and extensions for its rig fleet.
Methane emissions remained stubbornly high in 2022, even as soaring energy prices made actions to reduce them cheaper than ever, says IEA.
Partners in the Leviathan gas field offshore Israel have approved budgets for 2023 which include nearly $100 million for the expansion of the existing infrastructure and preparation of the future floating LNG terminal. Said to be the largest energy project in Israel’s history, the deep-sea field sta
UK-based Capricorn Energy has dropped the previously announced merger agreement with Israel’s NewMed Energy, following board changes.
Yinson has shared an update on the developments regarding the conversion and upgrade of an FPSO, which will operate for Enauta off Brazil.
Oil and gas company Energean has tucked another milestone under its belt with the first ever lifting of an Israeli crude oil cargo.
UAE-headquartered offshore drilling contractor Shelf Drilling has secured a contract extension for one of its jack-up rigs for operations offshore Egypt.
Westwood dives into upstream oil and gas trends in 2022, predicting that 2023 will also be marked by oil and gas price volatility.
Drydocks World Dubai and Aker Solutions will work together on upgrading an FPSO for one of the largest undeveloped oil fields in the UK.
The international offshore rig count recorded an increase of ten units in January 2023 compared to December last year, according to the latest rig count report from Baker Hughes. The international rig count is up 60 rigs from last year’s count of 841, with offshore rigs up 31 and onshore rigs up 29.
