News

Turkish state oil company TPAO will sign a gas production-sharing agreement with Azerbaijan's SOCAR and BP for the ...
Port Fourchon at the southern tip of Lafourche Parish is the go-to service station for offshore energy production, serving as ...
W&T Offshore's business model appears to benefit from new executive orders enacted by the Trump administration. Click here to ...
A Chinese state-owned company gave up control of the same offshore extraction block in 2013 after finding too little gas to ...
While shale oil offers flexibility, its growth is expected to plateau, prompting companies to focus more on offshore drilling ...
Petrobras PBR, Brazil's state-controlled integrated oil and gas company, has awarded a substantial €250 million contract to Empresa Construtora do Brasil, a subsidiary of Portuguese multinational Mota ...
A California court has sided with state coastal authorities and ordered Sable Offshore Corp. to abide by a preliminary ...
Myanmar’s military government has awarded its first offshore production sharing contract since seizing power in February 2021 ...
EC is currently focusing on the development of new gas resources, as Colombia's gas reserves deplete rapidly while domestic demand in the country rises.
A new Bureau of Land Management (BLM) policy expedites the leasing process on public lands to increase the amount available ...
EBITDA for the first quarter of 2025 was USD 91.3 million (USD 71.9 million in Q4 2024), reflecting good operational ...
Energy solutions provider OEG Energy Group has secured a three-year deal to supply logistics equipment for an international ...