Vår Energi is maturing discoveries for a planned subsea development to be tied back to the Gjøa platform. If partners proceed ...

Drilling indicated about 350 m of gas-bearing reservoir. Further assessment will be required in the coming months to evaluate ...

The 25-year agreement enables Perenco to approve the final investment decision for the flagship Phase 2B development project ...

Dow will shut down three plants—two in Germany and one in the UK—with the aim of boosting overall profitability of its ...

The provisional agreement centered around Libya’s Sirte basin also includes exploration potential of adjacent areas with an ...

The June 27 rule would allow drillers the potential to commercialize produced water. Days later, the Court granted a motion ...

Producers Midstream is not proposing to construct any new infrastructure as part of the project. Rather, the company would convert to interstate service its existing 16-in. OD intrastate pipeline ...

From Edge Energy, Prairie Operating agreed to acquire about 11,000 net acres, expanding its Denver-Julesburg basin footprint to about 60,000 net acres.

TotalEnergies SE will acquire 25% interest held by Moeve (formerly known as CEPSA) in Block 53 offshore Suriname. Block 53 contains the Baja-1 discovery (OGJ Online, March 4, 2024). It lies ...

ExxonMobil has increased production from Banyu Urip field in Indonesia with the early completion of the Banyu Urip Infill Clastic (BUIC) drilling project in East Java, ExxonMobil Indonesia said in ...

ADNOC Onshore has let an integrated hydraulic fracturing services contract to ADNOC Drilling Co. PJSC for conventional and tight reservoirs. The 5-year agreement, valued at $800 million, is set to ...

BOEM proposed to reduce the royalty rate for deepwater leases (water depths 200 m or deeper) to 16.66% from the current 18.75%, the lowest deepwater rates since 2007, it said, “to support robust ...