News

Hess fulfilled its minimum work obligations and has decided not to move forward to the next phase of the exploration period.
The well encountered a 14-m gas column in the Stø formation in sandstone totaling 70 m and with good reservoir quality.
EnQuest PLC is outlining prospective work on newly acquired assets offshore Vietnam and aims to extend the production sharing contract beyond its current end date of November ...
The companies will work to explore and develop Zemoul El Kbar in the Berkine basin, 300 km east of Hassi Messaoud, Algeria.
Fram Sør will be developed as a subsea tie-in to Troll C and will utilize the existing processing capacity on the platform.
At 426 million bbl, US crude oil inventories are about 8% below the 5-year average for this time of year, the EIA report ...
The agreement amends the existing sales and purchase agreement signed by the companies in 2023, increasing the total volume ...
Equinor Energy AS has been granted a permit by the Norwegian Offshore Directorate to drill in the North Sea. Exploration ...
Drilling indicated about 350 m of gas-bearing reservoir. Further assessment will be required in the coming months to evaluate ...
Vår Energi is maturing discoveries for a planned subsea development to be tied back to the Gjøa platform. If partners proceed ...
The 25-year agreement enables Perenco to approve the final investment decision for the flagship Phase 2B development project ...
The provisional agreement centered around Libya’s Sirte basin also includes exploration potential of adjacent areas with an ...