Expanding opportunities within Mozambique’s oil and gas sector are strengthening ExxonMobil’s commitment to local content investments, said Armando Afonso, Public & Government Affairs Manager, ExxonMobil Mozambique at a recent roundtable. SourceContinue Reading

Vantage Drilling announced it has entered into a marketing agreement with Eldorado Drilling AS to market the seventh-generation Dorado Drillship for drilling opportunities in various locations in Africa, the Mediterranean, Asia and Australasia. SourceContinue Reading

Saudi Aramco’s venture arm has invested in UK-based Ori, an AI cloud startup backed by Spanish telecom giant Telefonica SA as it seeks to drive the kingdom’s push to become an artificial intelligence hub. No financial terms were disclosed. SourceContinue Reading

U.S. President Trump ordered the creation of a White House council focused on steering the U.S. toward “energy dominance,” with the promise of action as soon as next week. The council will be led by Interior Secretary Doug Burgum, with Energy Secretary Chris Wright as its vice-chair. SourceContinue Reading

Energy NL joins members of the energy sector in remembering the tragic sinking of the Ocean Ranger on Feb. 15, 1982. “Reflecting on the 43rd year since the tragic loss of 84 crew members of the Ocean Ranger, we are once again reminded of the harsh realities of working offshore,” said Charlene Johnson, Energy NL...Continue Reading

Kongsberg Maritime has developed a new mooring capable solution for Offshore Construction Vessels (OSCVs), expanding the capabilities of OSCVs beyond their current scope to include the pre-lay of mooring lines as a natural extension to original suction anchor capabilities. SourceContinue Reading

Diamondback Energy is in talks to acquire Double Eagle, according to The Wall Street Journal and people familiar with the matter. The deal would be valued at around $5 billion, and a formal announcement could be made in the upcoming days, sources said. SourceContinue Reading

The International Energy Agency has lowered expectations for a global oil surplus this year amid stronger demand growth in Asia and sanctions on OPEC+ nations. “Time and again, oil markets show adaptability in the face of major challenges,” the agency said. SourceContinue Reading

Mozambique has committed to “drill, baby, drill,” and expand exploration and production activity in a key message delivered by Florival Mucave, Chairman of the Mozambique Energy Chamber, during a roundtable event in Maputo on Thursday. SourceContinue Reading

The upcoming launch of the South African National Petroleum Company reflects a broader trend across Africa, where nations are restructuring their state-owned energy enterprises to attract investment, improve efficiency and enhance energy security. SourceContinue Reading