Petro-Victory to acquire 13 oil-producing fields in Brazil from Brava Energia
Petro-Victory Energy, in partnership with Azevedo e Travassos Petroleo (ATP), has signed an agreement with Brava Energia concerning the potential …
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Kosmos Energy withdraws from Tullow Oil acquisition
Kosmos Energy has ceased its efforts to acquire West Africa-focused Tullow Oil, leading to a significant 10% decline in Tullow's …
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Vitesse Energy to acquire Lucero Energy for $222m
Vitesse Energy has reached a definitive agreement to acquire Lucero Energy in an all-stock deal valued at $222m (C$317.38m). The terms …
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Chevron Australia to supply Alcoa with natural gas for ten years
Chevron Australia has signed a long-term sale and purchase agreement with Australia-based aluminium producer Alcoa to supply natural gas for …
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Vaca Muerta Sur pipeline construction approved by Argentina’s YPF
Argentina's state-run oil company, YPF, in collaboration with three other companies, has sanctioned the construction of a new oil pipeline …
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Vitesse Energy to acquire Lucero Energy for $222m
Vitesse Energy has signed an agreement to acquire Lucero Energy in an all-stock transaction valued at $222m (C$317.02m). This strategic move …
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VR simulations offer new perspectives to oil and gas industry
Virtual reality (VR) offers a cost-effective means to acclimatise the oil and gas industry workforce to various key operations from …
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India announces plans to supply LNG to Sri Lanka and connect power grids
India has unveiled plans to supply LNG to Sri Lanka, with ambitions to connect the power grids between the two …
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ADNOC signs 15-year LNG supply agreement with EnBW for Ruwais LNG project
ADNOC has signed a 15-year sales and purchase agreement (SPA) with Germany's EnBW for the supply of 600,000 tonnes per …
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Aker BP extends maintenance contract with Aker Solutions
Aker Solutions has secured a two-year contract extension from Aker BP for maintenance and modification work across several offshore Norway …
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Two Russian oil tankers badly damaged in the Black Sea
Two Russian oil tankers have been badly damaged in a storm in the Black Sea, with images and a video …
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Oil and gas companies operating in Norway projected to invest $25bn in 2025
Oil and gas companies operating in Norway are projected to invest a record Nkr275bn ($24.68bn) in 2025, reported Reuters, citing …
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Touchstone Exploration acquires Shell Trinidad Central Block for $23m
Touchstone Exploration announced that its subsidiary, Touchstone Exploration Ltd, (TETL) has agreed to acquire all the share capital of Shell …
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bp and ADNOC’s XRG form Egypt gas joint venture Arcius Energy
BP and Abu Dhabi National Oil Company's (ADNOC) international investments arm, XRG, have finalised the creation of a new natural …
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QatarEnergy boosts Namibia exploration with new offshore block stake acquisition
QatarEnergy has expanded its upstream portfolio in Namibia by acquiring a 27.5% working interest in the petroleum exploration licence and …
