PTTEP, Valeura Greenlight Bussabong Gas Development off Thailand

Thai’s state oil firm PTTEP and Valeura Energy have taken a final investment decision on the first phase of the Bussabong gas development in the Gulf of Thailand

Bounty Oil & Gas Makes Deepwater Liberia Entry

Bounty Oil & Gas has agreed to acquire PetroQuest Liberia Deep Water, giving it a pathway to an interest in deepwater Block LB-32 offshore Liberia, while raising about $2.5 million (A$3.

Foz do Amazonas Discovery Yields High-Quality Oil for Petrobras

Brazilian state-run oil company Petrobras' analysis of oil discovered at the Morpho exploration well in the offshore Foz do Amazonas basin showed it to be "very high quality" crude

EU Stands Firm Against New Arctic Oil and Gas Drilling

The European Union will maintain its opposition to new oil and gas drilling in the Arctic, a European Commission spokesperson said on Monday, despite Norwegian pressure to drop the EU ban.

Oil Drops as Hormuz Reopening Prospects Ease Supply Concerns

Oil prices fell to a two-week low on Tuesday as prospects for Gulf supplies improved, with Iran signaling it could reopen the Strait of Hormuz within seven days and Saudi Arabia set to resume

TotalEnergies Secures Namibia Bulk Fuel Supply Contract

Namibia has selected TotalEnergies bidding group to supply the country's bulk diesel and petrol needs for a three-month period from November to January

Strohm’s TCP Completes Qualification for Brazil’s Deepwater Pilot

Petrobras, Shell and Strohm have completed a qualification and offshore field trial program for a thermoplastic composite pipe flowline designed for high-CO2 conditions in Brazil's deepwater pre-salt

Halliburton Signs Venezuela Oil and Gas Deals with Eneva, WESCA

Halliburton has signed separate memorandums of understanding (MoU) with Eneva and WESCA to pursue oil and gas development opportunities in Venezuela

QatarEnergy's LNG Expansion Faces Delays from Hormuz Crisis

QatarEnergy expects the first train of its North Field East (NFE) liquefied natural gas expansion project to start production in the first half of 2027