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![BW Energy To Buy VALARIS 247 Jackup Rig For $108 Million]()
May 08, 2025BW Energy To Buy VALARIS 247 Jackup Rig For $108 MillionValaris Limited has agreed to sell its jackup VALARIS 247 to BW Energy for cash proceeds of approximately $108 million. This sale is expected to cl... -
![SLB Launches Electris™ Well Completions Technology To Boost Production]()
May 08, 2025SLB Launches Electris™ Well Completions Technology To Boost ProductionSLB announced at OTC Day 2 the launch of Electris™ — a portfolio of digitally enabled electric well completions technologies that boost production ... -
![Sentinel Subsea WellSentinel™ Coral Makes Waves In North Sea Debut A Game Cha...]()
May 08, 2025Sentinel Subsea WellSentinel™ Coral Makes Waves In North Sea Debut A Game Cha...Sentinel Subsea has announced successful completion of a six-figure project involving deploying two WellSentinel™ Coral systems for a key operator ... -
![OPEC+ Faces Growing Rift With Kazakhstan, Sending Oil Prices Tumbling]()
Apr 25, 2025OPEC+ Faces Growing Rift With Kazakhstan, Sending Oil Prices TumblingMounting tensions between OPEC+ and Kazakhstan over production compliance have rattled oil markets, fueling concerns of a potential price war and t... -
![India Strengthens Energy Ties With Africa Amid Shifting Global Markets]()
Apr 24, 2025India Strengthens Energy Ties With Africa Amid Shifting Global MarketsIn a strategic move to broaden its energy portfolio, India is significantly enhancing its collaboration with African nations for oil and gas procur... -
![Africa Energy Bank Gains Momentum With Capital Contributions From Nigeria, An...]()
Apr 03, 2025Africa Energy Bank Gains Momentum With Capital Contributions From Nigeria, An...In a historic first for Africa's energy sector, Nigeria, Angola and Ghana have pledged their share of capital to establishing the Africa Energy Ban... -
![Norway's $8 Billion Johan Castberg Offshore Development Begins Oil Production]()
Apr 02, 2025Norway's $8 Billion Johan Castberg Offshore Development Begins Oil ProductionNorway's 86 billion kroner ($8.1 billion) Johan Castberg oil development at the Barents Sea is now producing, the second major field to come on str... -
![PetroChina Posts Record Profits Following Rise in Oil And Gas Production]()
Apr 01, 2025PetroChina Posts Record Profits Following Rise in Oil And Gas ProductionPetroChina Co.’s profit hit record levels last year, as increased production offset lower energy prices and a weaker performance from its refining ... -
![Bayswater E&P Closes $600 Million Sale Of DJ Basin Assets]()
Mar 31, 2025Bayswater E&P Closes $600 Million Sale Of DJ Basin AssetsBayswater Exploration and Production (Bayswater), a Denver-based oil and natural gas development company closed the sale of certain Denver Julesbur... -
![World Oil’s Deepwater Development Conference (MCEDD)]()
Mar 28, 2025World Oil’s Deepwater Development Conference (MCEDD)There is no mistaking the renewed, growing interest in deepwater projects, and the attendance and program confirm it. -
![Brazil's Energy Landscape: Pre-Salt Oil Fields Drive Growth As Global Capital...]()
Mar 27, 2025Brazil's Energy Landscape: Pre-Salt Oil Fields Drive Growth As Global Capital...Being the largest oil and gas producer in Latin America, Brazil's oil and gas sector is undergoing structural transformation. -
![Kazakhstan Disregards And Exceeds Quota, OPEC+ Oil Production Surges]()
Mar 24, 2025Kazakhstan Disregards And Exceeds Quota, OPEC+ Oil Production SurgesA report released by the OPEC Secretariat on Wednesday showed that OPEC oil production had increased by 363,000 barrels per day in February, slight...
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