TotalEnergies has shown interest in enhancing its involvement in Ghana’s upstream oil and gas sector, focusing on opportunities in financing, processing, and marketing. This development arose from a recent meeting in GNPC’s office in Accra between Mr. Kwame Ntow Amoah, Acting Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), and a delegation from […]

McDermott announced the safe and successful completion of engineering, procurement, construction, installation, and commissioning (EPCIC) activities in the Gulf of Mexico for Shell Offshore Inc. (Shell), a subsidiary of Shell plc. to begin oil production at its Whale development. Awarded in 2021 and completed last month, the project leveraged McDermott’s marine assets, including its North […]

KOIL Energy Solutions a leader in providing controls infrastructure for subsea oil and gas fields, announced its expansion into Brazil, with a new technology center for manufacturing and service support in Macaé. “Macaé represents an exciting new chapter for KOIL Energy as we establish our presence in Brazil, the largest subsea market in the world,” […]

Shelf Drilling, Ltd. announced results for the fourth quarter and full year of 2024 ended December 31. The results highlights will be presented by audio conference call on March 3, 2025 at 6:00 pm Dubai time / 3:00 pm Oslo time. Fourth Quarter Results Adjusted revenues were $225.4 million in Q4 2024 compared to $264.7 […]

Shell Offshore Inc. and Shell Pipeline Company (SPLC), subsidiaries of Shell plc, have signed an agreement to increase their stake in the Ursa platform in the Gulf of America. This will increase Shell’s working interest (WI) in its operated Ursa platform, pipeline, and associated fields from 45.3884% to a maximum of 61.35%, following an agreement […]

Black Gold Exploration (BGX) announced that drilling has commenced on the Fritz 2-30 oil and gas well in Clay County, Indiana. Earlier this month, BGX acquired a 10% working interest in the Well and an option to participate in any offset developmental wells in a 210-acre area of mutual interest from the operator, Adler Energy, […]

Flow remediation specialist, Pipetech, has announced the launch of its revolutionary Downhole Scale Remediation (DSR) technology, set to redefine wellbore cleaning solutions for the global energy sector. Supported by the Net Zero Technology Centre’s (NZTC) emissions reduction programme, this innovation promises to redefine wellbore cleaning solutions while advancing sustainable practices.  The DSR directly addresses long-standing […]

OPEC+ has yet to react to a call from U.S. President Donald Trump for lower oil prices, with delegates from the group pointing to a plan already in place to start raising oil output from April. Trump said on Thursday that he would ask Saudi Arabia and the Organization of the Petroleum Exporting Countries to bring down […]

Chevron announced today that its 50 percent owned affiliate Tengizchevroil LLP (TCO) has started oil production at its Future Growth Project (FGP) located at the Tengiz oil field in Kazakhstan. FGP is the third processing plant in operation at the Tengiz oil field, which expands sour gas injection capability and is expected to ramp up […]

CNOOC Limited has announced its business strategy and development plan for the year 2025 which includes rolling exploration plan in the Nigeria oil and gas industry. Rolling Exploration is a technique for searching for oil and gas in deep-water areas. It involves a technical system that includes target search, evaluation, and drilling The company’s maintain stable capital […]