Aker BP’s Skarv Satellite Project wins approval from Norwegian MPE
The Norwegian Ministry of Petroleum and Energy (MPE) has sanctioned Aker BP's three Plans for development and operation (PDO) as part of the Skarv Satellite ... Read More
Aker BP gains approval for $1.5bn Utsira High Project in North Sea
Aker BP has received approval for the Utsira High Project from the Norwegian Ministry of Petroleum and Energy (MPE), which entails an investment of NOK ... Read More
Norway approves $18.5bn oil and gas projects amid recovering demand
The Norwegian Ministry of Petroleum and Energy has approved 19 significant oil and gas projects on the Norwegian continental shelf, an investment exceeding NOK 200 ... Read More
Eni streamlines Congo strategy with $300m Perenco deal
Italian oil and gas company, Eni, has announced the sale of its participation interest in several permits in Congo to Perenco. The permits sold are ... Read More
ADNOC Drilling lands $2bn contracts for offshore drilling operations
ADNOC Drilling Company PJSC has secured five contracts for a total value of approximately $2 billion to support the growing drilling operations of ADNOC Offshore. ... Read More
Neptune Energy to be acquired by Eni and Vår Energi for $4.9bn
Eni and Vår Energi are set to acquire Neptune Energy Group, a key independent exploration and production firm known for its low-emission, gas-oriented operations in ... Read More
Civitas Resources sets foot in Permian Basin with $4.7bn twin acquisition
In a massive $4.7 billion agreement, Denver-based energy company Civitas Resources expands its oil-producing assets into the Permian Basin in the US. The purchase involves ... Read More
Woodside Energy bets $7.2bn on Mexico’s Trion oil field, targets first oil in 2028
In a substantial investment decision, Australia's Woodside Energy Group has committed to moving ahead with the $7.2 billion Trion oil project in Mexican waters. The ... Read More
Halliburton, Nabors join forces to automate well construction solutions
In a significant move within the oil industry, Halliburton Company and Nabors Industries have announced a partnership to advance well construction automation solutions. The agreement ... Read More
Senex Energy, AGL to boost Australia’s natural gas supply with major deal
In an effort to bolster Australia's natural gas supply, Senex Energy and AGL have signed a conditional agreement for up to 42 petajoules (PJ) of ... Read More