Industry News

Citizen Energy Ventures lanuched the Citizen Energy 2025 Drilling Fund, a $20 million private placement offering designed to establish long-life oil and natural gas reserves

Aramco tapped Baker Hughes to expand its integrated underbalanced coiled tubing drilling (UBCTD) operations across Saudi Arabia’s natural gas fields. The order was booked in

BP confirmed the preliminary results of the Volans-1X exploration well in Namibia’s Orange Basin. Petroleum Exploration License 85 (PEL85), where the well was drilled, is

Petrobras awarded multiple contracts to Halliburton to provide vessel stimulation, intelligent completions and safety valves in Brazil’s deepwater fields after a competitive process. The contracts

Chevron is expected to begin drilling the Korikori-1 exploration well this month. The well is located approximately 78 km offshore, in the north-central part of

Eni resumed its exploration activities in the offshore area northwest of Libya, specifically in Block 16/4, after a hiatus of more than five years. This

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) signed off on a sales purchase agreement (SPA) by TotalEnergies to assign its entire 12.5% contractor interest in

BP has reached a final investment decision on the Tiber-Guadalupe project in the Gulf of Mexico. The 100% BP-owned Tiber-Guadalupe will be the company’s seventh