ExxonMobil drilled 4-mile lateral wells in the Permian basin which extended to 33,000-ft MD. Well completions consisted of ...

The letter is subject to conditions, including government approvals in Cameroon and completion of TRCSA's farm-out to Prime Global Energies Ltd.

Pharos Energy said the extension allows the company to “retain optionality for the prospect to be drilled,” while still investing in near term production growth in its ...

The aim of the contracts, awarded in three tranches, is expansion of certain gas processing units to increase throughput and improve operational efficiency across four ADNOC ...

Once regulatory approvals are in place, field development will begin with production expected to start in 2027.

The oil price is currently defenseless. Seasonal demand in the northern hemisphere summer may obscure the impact for a bit, ...

The vessel, developed in Norway by Höegh Evi, Aker BP and Moss Maritime, will transport CO2 from European industrial emitters ...

The project is expected to achieve plateau production of about 10,000 boe/d in 2026. The oil property is medium crude.

Global updates on exploration, production starts, field development, rig activity, and key technology developments. Coverage includes US and international conventional and unconventional plays, wells, ...

Crude prices broke out of the 4-week period of consolidation to the upside this week and breached a key technical level as well. Upward momentum came in the form of perceived ...

The agreement, which builds on a memorandum of understanding signed in April, is a step toward a final investment decision that could be finalized by yearend, said YPF CEO ...

The Kavango West 1X well, the second test in the Damara Fold Belt play, will be drilled to a planned total depth of about 3,800 m targeting the thick Otavi carbonate ...