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Oil
Oil&Gas Drilling
North America Adds Rigs
North America added three rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on November 27.The U.S.…
Oil&Gas Drilling
Panama Bars 6 Ships From Flying Its Flag After UK Sanctions
Panama is canceling the registration of six ships sailing under its flag that were sanctioned by the UK last week, a boost for Western nations that have slapped…
Crude Oil
GeoPark to Acquire Colombia Assets from Repsol for $530MM
Latin American oil and gas firm GeoPark Limited is acquiring upstream oil and gas assets in Colombia from Repsol.GeoPark said in a news release that it has sign…
Natural Gas
EU Sets Intermediate Targets for 2025 Gas Stockpiling Campaign
The European Commission has set intermediate minimum filling levels for member states’ underground gas storage (UGS) facilities next year toward the annua…
Tender/bid
Petrobras Fires the Starting Gun on Bid Battle for Two New Brazil-Bound FPSOs
Brazil’s state-owned oil and gas giant Petrobras has kicked off a new procurement process to secure two more floating production, storage, and offloading …
Oil Price
Oil Rises With Focus on China’s Economy, OPEC+ Supply Meeting
Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ meeting for further direction…
Oil & Gas Trade
German Oil Refinery Supplies via Poland Unaffected by Leak
Oil supplies to German refineries via Poland were unaffected by a leak reported Sunday in one of the two Druzhba pipeline links, Polish state pipeline operator …
LNG
Gazprom Faces More Claims After Austrian Utility Halts Payment
The decision by an Austrian utility to stop paying for supplies from Gazprom PJSC may set a precedent for others to follow as Europe looks to cut its dependence…
LNG
FSRU Toscana Offshore Italy Back In Service
OLT Offshore LNG Toscana has resumed full operations at the FSRU Toscana terminal offshore western Italy.Following repairs at a yard in southern France, the FSR…
Oil&Gas Drilling
Velesto Energy Brings Forward Rig Survey Following Contract Suspension
Carigali Hess Operating Company has suspended the contract for the Velesto Energy jackupNAGA 8, due to early completion of the drilling program.Velesto now plan…
Oil & Gas Supply
Newmed Energy Balkan Agrees To Join OMV In Black Sea Bulgarian Block
NewMed Energy Balkan has a contingent agreement to acquire a 50% interest in Han Asparuh Block 1-21 Han Asparuh in the western Black Sea from OMV Offshore Bulga…
Oil & Gas Trade
Totalenergies Plans $750m Offshore Nigeria Gas Project To Boost LNG Supply
TotalEnergies may greenlight a $750 million gas project in Nigeria next year, potentially signaling that the African nation’s efforts to revive investment…
Oil Price
Geopark Announces Plans To Acquire Repsol Upstream Assets In Colombia
GeoPark has announced the signing of Sales and Purchase Agreements (SPAs) with Repsol Exploración S.A. and Repsol E&P S.A.R.L to acquire Repsol upstream …
Oil & Gas Trade
Invictus Energy To Execute Petroleum Production Sharing Agreement In Zimbabwe
Invictus Energy has announced the completion of an independent review of a PPSA in Zimbabwe by European legal counsel.This review, facilitated by the Africa Leg…
Oil & Gas Supply
Harbour Energy Begins Production At Talbot Development In UK North Sea
Harbour Energyhas started production at its Talbot development, a three-well subsea tieback located around 16km south-east of the Judy platform in the UK North …
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