Seismic analyses confirm a promising oil potential in Namibia's onshore Owambo Basin. Independent explorer Monitor Exploration Ltd is preparing a strategic plan to exploit these resources starting in 2025.
Seismic analyses confirm a promising oil potential in Namibia's onshore Owambo Basin. Independent explorer Monitor Exploration Ltd is preparing a strategic plan to exploit these resources starting in 2025.
Shell Offshore Inc. has confirmed Phase 3 of the Silvertip project, aimed at increasing oil production at Perdido in the Gulf of Mexico through two new wells. This initiative reflects its commitment to low-carbon energy production.
Shell Offshore Inc. has confirmed Phase 3 of the Silvertip project, aimed at increasing oil production at Perdido in the Gulf of Mexico through two new wells. This initiative reflects its commitment to low-carbon energy production.
Three energy sector leaders join forces to integrate electric hydraulic fracturing fleets, optimizing operations in the Permian Basin while reducing the environmental impacts associated with fossil fuels.
Three energy sector leaders join forces to integrate electric hydraulic fracturing fleets, optimizing operations in the Permian Basin while reducing the environmental impacts associated with fossil fuels.
CNOOC Energy Holdings U.S.A. Inc., a subsidiary of CNOOC Limited, transfers its stakes in the Appomattox and Stampede oil fields to INEOS Energy, marking a strategic reorganization of its global portfolio.
CNOOC Energy Holdings U.S.A. Inc., a subsidiary of CNOOC Limited, transfers its stakes in the Appomattox and Stampede oil fields to INEOS Energy, marking a strategic reorganization of its global portfolio.
The Organization of the Petroleum Exporting Countries (OPEC) adjusts its monthly forecasts, predicting a downward revision in global oil consumption for 2024 and 2025 while highlighting the critical role of non-OECD economies.
The Organization of the Petroleum Exporting Countries (OPEC) adjusts its monthly forecasts, predicting a downward revision in global oil consumption for 2024 and 2025 while highlighting the critical role of non-OECD economies.
VAALCO Energy announces a contract with Borr Drilling to carry out multiple offshore drilling and maintenance operations in Gabon starting mid-2025. This initiative aims to boost production and reserves as part of its organic growth strategy.
VAALCO Energy announces a contract with Borr Drilling to carry out multiple offshore drilling and maintenance operations in Gabon starting mid-2025. This initiative aims to boost production and reserves as part of its organic growth strategy.
Angola adopts legislation to revitalize its mature oil fields. The goal: stabilize production above one million barrels per day through fiscal incentives and strategic investments.
Angola adopts legislation to revitalize its mature oil fields. The goal: stabilize production above one million barrels per day through fiscal incentives and strategic investments.
