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.
The Société Nationale des Pétroles du Congo (SNPC) is initiating a strategic drilling campaign across several key blocks, aiming to strengthen crude oil production and reach 500,000 barrels per day by 2029.
The Société Nationale des Pétroles du Congo (SNPC) is initiating a strategic drilling campaign across several key blocks, aiming to strengthen crude oil production and reach 500,000 barrels per day by 2029.
The fall of Bashar al-Assad's regime in Syria marks a regional political shift, but its impact on the oil market remains minimal due to the country’s drastically reduced production and exports since 2011.
The fall of Bashar al-Assad's regime in Syria marks a regional political shift, but its impact on the oil market remains minimal due to the country’s drastically reduced production and exports since 2011.
Shell and Equinor announce a strategic merger of their UK assets in the North Sea, creating the region's largest independent producer. This operation faces economic challenges and environmental criticism.
Shell and Equinor announce a strategic merger of their UK assets in the North Sea, creating the region's largest independent producer. This operation faces economic challenges and environmental criticism.
Under the weight of Western sanctions, Iran is facing a severe energy crisis. Oil production continues to decline, jeopardizing exports and increasing domestic resource tensions.
Under the weight of Western sanctions, Iran is facing a severe energy crisis. Oil production continues to decline, jeopardizing exports and increasing domestic resource tensions.
Indonesia launches its second oil and gas bidding round of the year, featuring six onshore and offshore blocks with a combined potential of 48 billion barrels of oil equivalent. A major opportunity for international energy investors.
Indonesia launches its second oil and gas bidding round of the year, featuring six onshore and offshore blocks with a combined potential of 48 billion barrels of oil equivalent. A major opportunity for international energy investors.
Despite initial obstacles, Savannah Energy persists in its attempt to acquire Petronas' oil assets in South Sudan, exploring alternative options to finalize a beneficial agreement.
Despite initial obstacles, Savannah Energy persists in its attempt to acquire Petronas' oil assets in South Sudan, exploring alternative options to finalize a beneficial agreement.
