TGS announced it has been awarded two 4D streamer contract acquisition projects, one in the North Sea and one in the Norwegian Sea. The 4D projects are scheduled to be acquired back-to-back and commence in June. SourceContinue Reading

Elliott Investment Management is at it again, this time sinking its teeth into U.S. refiner Phillips 66 with a $2.5 billion stake and a laundry list of demands. The aggressive activist investor—best known for shaking up boardrooms and strong-arming CEOs into “unlocking value” (i.e., making changes that boost Elliott’s returns)—wants Phillips 66 to spin off...Continue Reading

The 2025 Offshore Technology Conference (OTC) Board of Directors has selected its Distinguished Achievement Award (DAA) recipients. The recipients will be honored during the OTC Opening Ceremony Monday, 5 May 2025 at NRG Center in Houston, Texas. SourceContinue Reading

Equatorial Guinea is aiming to revitalize its upstream sector, with plans to launch a new licensing round in 2025 aimed at increasing E&P activity. Equatorial Guinea’s last licensing round, held in 2019, offered 27 blocks for exploration and attracted significant industry interest. SourceContinue Reading

(Bloomberg) – Dar Petroleum Operating Co. has resumed producing oil from a number of its wells in South Sudan after almost a year, people with knowledge of the matter said. SourceContinue Reading

Chevron Needs Hess’s Guyana Oil Assets to Boost Reserves | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 11, 2025, 11:30 AM CST Chevron is betting on the multi-billion acquisition of Hess Corp to boost its assets with high-quality Guyana acreage where billions of barrels...Continue Reading

Oil Bulls Wake Up as Trump’s Transactional Approach Puts Middle East at Risk | OilPrice.com Cyril Widdershoven Dr. Cyril Widdershoven is a long-time observer of the global energy market. Presently he works as a Senior Researcher at Hill Tower Resource Advisors. Next… More Info Premium Content By Cyril Widdershoven – Feb 11, 2025, 11:00 AM...Continue Reading

German Gas Marketer Seeks State Subsidy to Refill Storage | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 11, 2025, 10:30 AM CST Trading Hub Europe GmbH, the German natural gas market area manager, is holding “intensive discussions” with Germany’s authorities to potentially receive subsidies...Continue Reading

U.S. President Donald Trump says he believes a deal with Iran over its nuclear program can be reached as Tehran is eager to negotiate and avoid an escalation that could involve a military option. Speaking in an interview on Fox News late on February 10, Trump said Iranian officials were “worried and frightened” of the...Continue Reading

Miner Hopes New Greenland Government Could Revive Rare Earths Project | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 11, 2025, 9:30 AM CST Australia-listed Energy Transition Minerals, which holds the license to mine the Kvanefjeld rare earth deposit in Greenland, hopes a new government...Continue Reading