The oil market experienced a significant decline as Iran reopened the Strait of Hormuz following a ceasefire between Israel ...
Petrobras has agreed to acquire interest in and will assume operatorship of Block 3, offshore São Tomé and Príncipe, Africa, ...
The project involves engineering and installation tasks at water depths of 450-660 m, including connecting three new gas wells and installing triple tie-in spool bases to ...
Following drilling and appraisal activities, Assala is advancing a 60-well phased development plan, aiming to maximize oil recovery from the Gamba formation.
The deal leverages Renaissance Offshore's current production of 3,000 boe/d as 1947 Oil & Gas aims for growth in the US Gulf ...
The weekly rig count in Canada decreased by 5 to 130, mainly due to a drop in oil-directed rigs, while gas rigs increased ...
Geopolitical tensions in the Middle East showed signs of easing as the Strait of Hormuz is reopened to commercial vessels.
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