Oil and gas company

Harbour Energy to operate Zama oil project in Mexico

The Zama partners, encompassing Pemex, Grupo Carso, and Talos Energy, agreed to the appointment.UK based independent oil and gas company Harbour Energy has been…

LNG

Malaysia’s Petronas Signs LNG Supply Deal With China’s CNOOC

Malaysian state-owned energy company Petroliam Nasional Berhad (Petronas) announced on Wednesday that it will supply Chinese offshore oil and gas company CNOOC …

Crude Oil

Thailand’s PTTEP Buys 50% of Offshore Gas Block From Chevron for $450 Million

Thai oil and gas company PTT Exploration and Production (PTTEP) announced a $450 million deal to acquire a 50% stake in Block A-18, located in the Malaysia-Thai…

LNG

PTT Secures First Long-Term LNG Export Contract Outside Thailand

Thailand’s state-owned oil and gas company, PTT, has entered into a heads of agreement (HoA) with Centrica Energy, a UK-based energy firm, for a multi-yea…

Oil Field

More Time for UK Operator to Breathe Life Into Two North Sea Oil Discoveries

UK-based oil and gas company Orcadian Energy has secured an extension for Phase B of its P2482 license, allowing continued development of the Elke and Narwhal o…

Oil Field

Chinese Giant Augments Hydrocarbon Production as Oilfield Project Goes Live

China National Offshore Oil Corporation (CNOOC), a state-owned oil and gas company, has commenced production at the Weizhou 5-3 oilfield development project in …

China

Giant FPU’s Transport Marks ‘World’s First’ for CNOOC

On May 11, 2025, China National Offshore Oil Corporation (CNOOC), a state-owned oil and gas company, successfully completed a significant transport operation fo…

Oil Field

New Oil Discovery Springs up in Norwegian Waters

Aker BP, a Norwegian oil and gas company, has announced a new oil discovery in the Norwegian Sea, approximately 6 kilometers southwest of the Skarv field’…

Crude Oil

Trio Petroleum Acquires Cash Flow-Positive Oil Assets in Saskatchewan, Canada

Trio Petroleum, a California-based oil and gas company, has finalized the purchase of petroleum and natural gas assets from Novacor Exploration in the Lloydmins…

Solar project

Shell Scraps Solar, Onshore Wind Power Projects in Brazil

Shell (SHEL.L), is discontinuing its solar and onshore wind power generation projects in Brazil, as part of a "portfolio adjustment", the company said on Thursd…

Crude Oil

Nigerian Player Sets Sights on Offshore Production Ramp-Up, Targeting 20+ Wells in 2025

Nigeria’s oil and gas company Seplat Energy aims to drive transformation in Nigeria, partly by increasing offshore oil and gas production in 2025.While speakin…

Oil&Gas Drilling

Algeria’s Sonatrach, China’s Sinopec Sign $850 Million Contract for Hydrocarbon Development, Exploratio

The logo of the state energy company Sonatrach is pictured at the headquarters in Algiers, Algeria November 20, 2019.On Tuesday, February 25, 2025, Algeria&rsqu…

Crude Oil

Nigerian Oil Firm Secures $200 Million for Domestic Gas Expansion

A Nigerian oil and gas company, NESGAS Limited, yesterday, said the signing of a $200 million contractor financing agreement with Cakasa Nigeria Limited for the…

Oil & Gas Trade

Trafigura Buying Oil From Brazilian Player’s Santos Basin Field

Brazil’s oil and gas company Brava Energia has signed a contract with global commodity trading group Trafigura for the sale of oil produced at the former&…

Oil Field

Decision Over Progressing Brazilian Oil Discovery to FEED Entry Stage Due in Spring

Australia’s oil and gas company Karoon Energy is expected to make up its mind around April 2025 about moving forward with the next stage of development, w…