Karoon Energy to acquire significant stakes in Gulf of Mexico oil fields for $720m

Pallavi Madhiraju- November 17, 2023 0

Karoon Energy has taken a significant step in expanding its offshore operations by entering into binding arrangements to acquire a 30% interest in the Who ... Read More

Seagull oil and gas field : BP and Neptune Energy launch production to enhance UK energy infrastructure

Pallavi Madhiraju- November 7, 2023 0

BP has successfully initiated production at the Seagull oil and gas field, which is expected to contribute significantly to the UK's energy resources. Located in ... Read More

Crescent Point Energy announces C$2.5bn acquisition of Hammerhead Energy

Pallavi Madhiraju- November 7, 2023 0

Crescent Point Energy Corp. (TSX and NYSE: CPG) has reached an arrangement to acquire Hammerhead Energy Inc., a significant player in the Alberta Montney oil ... Read More

Equinor makes new oil and gas discovery near Oseberg field in North Sea

Pallavi Madhiraju- November 7, 2023 0

Equinor, the operator of production licence 053, has announced a significant discovery of oil and gas at exploration well 30/6-C-2 A, dubbed "Lambda," situated approximately ... Read More

Petronas strikes oil in offshore Block 52 with Roystonea-1 well discovery

Pallavi Madhiraju- November 3, 2023 0

In a significant advancement for Suriname's hydrocarbon sector, Petronas has announced a new oil discovery within offshore Block 52 following the successful drilling of the ... Read More

Aker BP kickstarts production from Kobra East & Gekko field ahead of schedule

Pallavi Madhiraju- October 28, 2023 0

Aker BP has declared that the production from Kobra East & Gekko (KEG) in the Alvheim region has commenced, significantly ahead of its initially projected ... Read More

Exebenus and Kongsberg Digital unite for AI-driven oil and gas solutions

Pallavi Madhiraju- October 27, 2023 0

Exebenus AS, an authority in AI-driven oil and gas solutions, has collaborated with Kongsberg Digital, a prominent industrial software entity. This partnership aims to introduce ... Read More

Chevron to acquire Hess Corporation in all-stock deal worth $53bn

Pallavi Madhiraju- October 23, 2023 0

Chevron Corporation has inked a definitive agreement with Hess Corporation for an all-stock purchase valued at $53 billion, which translates to $171 per share. This ... Read More

Rubellite Energy to acquire Clearwater assets for C$34m in Northeast Alberta

Pallavi Madhiraju- October 20, 2023 0

In an impressive move that broadens its operational horizon, Rubellite Energy Inc. has locked in a definitive agreement to acquire additional Clearwater assets. This acquisition ... Read More

Beach Energy announces gas discovery at Tarantula Deep 1 in Perth Basin

Pallavi Madhiraju- October 18, 2023 0

Beach Energy Ltd (ASX: BPT, Beach), a prominent Australian oil and gas exploration firm, disclosed a gas discovery at Tarantula Deep 1 in the Perth ... Read More