Chevron Secures 80% Stake in Offshore Namibia Exploration Block Posted by By Esther Udoh February 10, 2025 Custos Energy confirmed Chevron's acquisition of an 80% stake and operatorship in Namibia's PEL 82,…
Norway receives its first ship for transporting waste carbon to undersea storage. Posted by By Esther Udoh February 8, 2025 The Northern Pioneer is one of four ships transporting CO₂ from industrial sites to a…
Denmark increases scrutiny of ships transporting Russian oil. Posted by By Esther Udoh February 8, 2025 Denmark will tighten inspections of Russian oil ships in its straits to safeguard the environment…
CNOOC: World’s largest buried hill oilfield now producing. Posted by By Esther Udoh February 7, 2025 CNOOC has started production at Bohai Bay’s Bozhong 26-6, the world’s largest buried metamorphic hill…
ABL to Offer MWS Services for Saipem’s Libyan Offshore Gas Project Posted by By Esther Udoh February 7, 2025 ABL will provide MWS services to Saipem for Libya’s Bouri Gas Utilisation Project, supporting transport…
Oil dips as Trump’s Iran stance, output boost plans shake market. Posted by By Esther Udoh February 7, 2025 Oil dips as Trump’s vow to cut prices outweighs Iran sanctions push.WTI fell 0.6% below…
TotalEnergies has delayed the final investment decision for its Namibian offshore oil discovery until 2026. Posted by By Esther Udoh February 6, 2025 TotalEnergies, the French oil giant, has now set a new timeline for taking the final…
OPEC Targets Countries Exceeding Production Limits Posted by By Esther Udoh February 5, 2025 OPEC and non-OPEC allies to review oil production violations.OPEC welcomed renewed pledges from overproducing countries…
Nigeria aims to achieve 2.7 million bpd oil production by 2027. Posted by By Esther Udoh February 4, 2025 Nigeria aims to raise oil output by 60% to 2.7 million bpd by 2027, a…
Equinor extends Deepsea Atlantic Rig contract until 2027. Posted by By Esther Udoh February 4, 2025 Equinor has extended its contract for the Deepsea Atlantic rig until Q2 2027, with an…