The Abu Dhabi National Oil Company (ADNOC) is set to acquire a 30% equity stake in the producing Absheron gas and condensate field located in the Caspian Sea. This significant move for a stake in the Absheron Gas Field forms part of ADNOC’s efforts to tap into the international gas market and solidifies the energy […]
TotalEnergies and its partner, the State Oil Company of the Republic of Azerbaijan (SOCAR), have announced the commencement of production from the first phase of development of the Absheron gas and condensate field. The field, situated about 100 km southeast of Baku in the Caspian Sea, promises to bolster the gas supply in response to […]
TotalEnergies and its partner NNPC Ltd have pulled off the Ntokon oil and gas discovery in the Oil Mining Lease 102 (OML 102), located off the southeast coast of Nigeria. The new discovery, located 60km off the coast, promises to further bolster Nigeria’s oil and gas production. The hydrocarbon discovery was realized through the drilling […]