TGS, a leading provider of energy data solutions has announced the launch of TGS Data Verse, a transformative cloud-based solution designed to revolutionize the way companies manage energy data. This innovative solution, also known as Data Management as a Service (DMaaS), offers a comprehensive suite of tools and technologies that empower energy companies to efficiently […]

Woodside Energy has reached in-principle agreement with the Australian Workers’ Union and the Electrical Trades Union and other bargaining representatives on an enterprise agreement covering employees on its North West Shelf offshore platforms, supporting the ongoing provision of safe and secure energy supply to Western Australian and international gas customers.  In-principle agreement was reached on […]

HIGHLIGHTS H1 2023 EBITDA of USD 57.8 million and net profit of USD 0.3 million H1 2023 gross production of 2.0 million barrels with 1.5 million barrels net to the Company Operating cash flow of USD 71.3 million and cash position of USD 233 million on 30 June Executed USD 100 million accordion on the […]

Jonathan Leather has notified the United Oil & Gas Board of his intention to step down as Chief Operating Officer (‘COO’) and Executive Director as of 31 August; the company has disclosed.  Whist Jonathan will step back from day-to-day operational activity, given the status of the Jamaica farmout process he will continue to provide support to the Company […]

Neptune Energy has confirmed the media releases from its partner, Equinor, on the successful oil and gas discovery near the Fram field in the Norwegian sector of the North Sea. Neptune holds a 15 per cent share in the discovery, which is situated within the Equinor-operated Fram licence area.  “We congratulate Equinor for their safe […]

TotalEnergies and INPEX have signed an agreement with PTTEP in order to acquire the 100% interest held by PTTEP in the AC-RL7 permit in Australia. Under the terms of the agreement, which is subject to approval by the relevant authorities, TotalEnergies will acquire a 26% interest in the permit in line with its equity in […]

Majestic Rig is a Swamp environment and the Shallow Water Offshore environment drilling rig owned by Depthwize Limited an indigenous drilling contractor that operate three rigs, two Swamp barges and one ultra shallow off shore rig in Nigeria oil and gas industry. In addition to the three drilling rig Units, Depthwize has three additional Units […]

Northern Oil and Gas, Inc. ( NOG)  has closed its previously announced acquisition of Northern Delaware Basin assets from Novo Oil & Gas Holdings, LLC, an EnCap portfolio company (Novo), on August 15, 2023. NOG jointly acquired the assets with Earthstone Energy, Inc. (Earthstone), which will become the operator of substantially all the assets. In […]

The global quest by energy stakeholders to  reduce carbon emissions through limitation of finance to most oil and gas projects seems to not having vivid prominence presently in global energy business scene as global oil and gas contracts spike in second quarters of 2023, Global Data reported.  Africa’s vehement and discordant views and escalation of […]

TWMA a drilling waste management specialist has been awarded a contract worth up to $15 million to support a large-scale oil and gas project for bp in Egypt. The company will employ its award-winning RotoMill drill cuttings processing technology to process all drilling waste generated from bp’s WND & END exploration and development project in […]