“The COD milestone marks a major achievement for one of Africa’s deepest offshore developments which introduce Mauritania and Senegal as LNG exporters,” Golar LNG said in a news release. SourceContinue Reading

OEG has finalized an agreement with Al Nasr Holding Co. in Qatar. The agreement further reinforces the OEG’s strategic partnership with Venture Gulf Engineering (VGE), an Al Nasr subsidiary, which supports the oil and gas, petrochemical, and industrial sectors in Qatar. SourceContinue Reading

Petro-Victory Energy Corp., an oil and gas E&P company focused on onshore Brazil, has commenced its fully-funded drilling campaign of the AND-5 well at the Andorinha Field located in the Potiguar basin, Rio Grande do Norte, Brazil. SourceContinue Reading

Canadian oil producer Strathcona Resources stood by its offer for MEG Energy after having the $4.1-billion takeover bid rejected by MEG’s board. While MEG called the offer “inadequate and opportunistic,” Strathcona continues to try to win over MEG shareholders. SourceContinue Reading

Ivory Coast expects its oil output to increase more than fivefold in the next decade, boosted by recent discoveries and the start of production at two offshore fields. “By 2035, crude-oil production is expected to reach at least 500,000 bpd,” said the Minister of Petroleum. SourceContinue Reading

Oil traders are preparing for an oil-price surge when trading reopens, with the focus on whether Tehran’s retaliation to U.S. airstrikes will lead to a disruption in crude flows that have been largely unaffected so far. SourceContinue Reading

Angola’s national oil company Sonangol has signed two agreements with the Massachusetts Institute of Technology (MIT) aimed at strengthening cooperation and knowledge-transfer in the fields of oil, gas and critical minerals. SourceContinue Reading

Danos has secured a contract renewal with Eni to provide production labor for its Gulf of America/Gulf of Mexico assets. The agreement includes approximately 50 offshore positions, such as production operators, instrumentation and electrical technicians, mechanics and electricians. SourceContinue Reading

According to TIPRO’s analysis, direct Texas upstream employment for May totaled 208,200, an increase of 2,200 industry positions from April employment numbers, subject to revisions. This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction.  SourceContinue Reading

Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal and commenced operations. The newly-constructed facility is the first indigenous onshore terminal constructed in the country in five decades. SourceContinue Reading