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 ...

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

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

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

The project is expected to achieve plateau production of about 10,000 boe/d in 2026. The oil property is medium crude.

Lauren is redefining energy infrastructure execution through a disciplined, relationship-driven approach that emphasizes ...

The forecast shows oil production in the US Gulf to average 1.80 million b/d in 2025 and 1.81 million b/d in 2026. Natural ...

Global updates on exploration, production starts, field development, rig activity, and key technology developments. Coverage ...

In her position, she will be responsible for offshore development, which includes promoting cooperation in the industry, in ...

The companies’ combined operations in the basin will produce about 275,000 boe/d and control inventories of more than 2 ...

Terms follow the signing of a Memorandum of Understanding in September 2024 to evaluate hydrocarbon exploration in the Shamakhi-Gobustan regions.