Equinor Makes Oil Discovery At Massive Arctic Field
Equinor has made an oil discovery near Johan Castberg, which could boost reserves at the giant field in…
Oil Licenses Face June Deadline: Firms Scramble to Convert
The Nigerian Upstream Petroleum Regulatory Commission says several licensees have formally applied for the conversion of their Petroleum…
Petrobras Plans To Start Drilling in the Amazon in Weeks
Brazil’s Petrobras is planning to start drilling in the Foz de Amazonas Basin by the end of the…
Offshore Oil Exploration Booms in Namibia with Key Decisions Looming
Namibia expects France’s TotalEnergies and Norway’s BW Energy to take final investment decisions on oil projects offshore the…
Oil and Gas Industry Bets on Low-Cost Quick-Pay Exploration
Oil and gas companies are looking to get the most bang for their buck in exploring for hydrocarbon…
Iraq plans to raise oil production capacity above 6 million barrels per day by 2029
CAIRO (Reuters) – Iraq plans to raise oil production capacity to more than 6 million barrels per day…
Suriname’s Offshore Oil Exploration Poised for Major Growth
The Guyana-Suriname Basin has seen significant activity in recent years, with Guyana alone unearthing more than 13 billion…
Trans Canada Gold Expands Heavy Oil Operations with Third Multilateral Well Agreement in Alberta
Trans Canada Gold Corp. (TTGXF) has agreed to participate in drilling a third…
Uruguay’s Green Energy Success Story Takes an Unexpected Turn
For years, Uruguay has been extolled as a poster child for green energy ambitions. Last year, the small…
Norway Awards 53 Offshore Oil & Gas Drilling Permits In Arctic Push
By Charles Kennedy – Jan 14, 2025, 11:00 AM CST
Norway has increased offshore oil and gas…