News

(WO) – Sarawak Shell Berhad (SSB), a subsidiary of Shell plc, has announced that gas production has started at its Timi platform in Malaysia under

(Bloomberg) – Global oil inventories, already near a six-year seasonal low, slumped sharply over the past month with OPEC production cuts and resurgent demand starting

(WO) – PGS was awarded a 3D exploration acquisition contract offshore Africa. A Ramform Titan Class vessel is expected to mobilize for the survey in

(Bloomberg) – Brazil’s government may have lifted one of the key hurdles for Petrobras to drill at an offshore region considered to be the country’s

(WO) – Permian Resources Corporation and Earthstone Energy, Inc. have entered into a definitive agreement, under which Permian Resources will acquire Earthstone in an all-stock

(WO) – TotalEnergies and INPEX have signed an agreement with PTTEP to acquire the 100% interest held by PTTEP in the AC-RL7 permit in Australia.

(Bloomberg) – The steep drop in output from U.S. shale wells is turning out to be worse than expected, forcing oil drillers to work even

(WO) – Idox revealed that poor document management is causing unforeseen costs and delays for U.S. energy projects critical to decarbonization. These insights derived from

(WO) – Saipem has been awarded a new contract by Mellitah Oil & Gas B.V. Libyan Branch, a consortium formed by National Oil Corporation of

(WO) – Bolivia’s state-run oil company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) made a natural gas discovery at the Remanso-X1 well. The new reservoir will generate

(Bloomberg) – ConocoPhillips agreed to a long-term deal to buy liquefied natural gas from an export terminal being developed on Mexico’s west coast.  Under a

(WO) – Saipem has been awarded two new contracts for E&C offshore activities in Europe, specifically in Romania and in Germany, with a total value