Petrobras has agreed to acquire interest in and will assume operatorship of Block 3, offshore São Tomé and Príncipe, Africa, ...

The oil market experienced a significant decline as Iran reopened the Strait of Hormuz following a ceasefire between Israel ...

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 ...

The deal leverages Renaissance Offshore's current production of 3,000 boe/d as 1947 Oil & Gas aims for growth in the US Gulf ...

Geopolitical tensions in the Middle East showed signs of easing as the Strait of Hormuz is reopened to commercial vessels.

Additional reservoir zones remain unpenetrated due to early drilling termination, but upcoming sidetrack operations aim 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 weekly rig count in Canada decreased by 5 to 130, mainly due to a drop in oil-directed rigs, while gas rigs increased ...

Extensive damage from the Iran war, estimated at over $25 billion, underscores the current dependence on the Strait of Hormuz ...

Masar Petroleum plans to accelerate appraisal and development activities across the block following the discovery that the ...

Under conditions, Repsol said it is prepared to increase gross oil production in Venezuela by 50% within 12 months and triple ...

The well will be the first deepwater offshore exploration and the first exploratory offshore drilling in Greece since 1981.