This agreement further strengthens the partnership between the two companies and supports OMV's gas diversification strategy.

This decision requires Woodside to obtain new approval for its environmental plan before conducting the seismic survey for the Scarborough project.

These contracts cover land drilling operations and involve both existing and new customers across Saudi Arabia, Oman, and Pakistan.

Despite the sale, TotalEnergies will retain operatorship and a 40% interest in Block 20. Sonangol Pesquisa e Produção S.A. will hold the remaining 20% stake in the block.

Commencing from October 1, marking the start of Europe's gas winter season, Equinor will provide OMV with 12 terawatt hours (TWh) of natural gas.

Two Shell employees issued an open letter, a rare occurrence within the energy giant, expressing their concerns about Shell's plan to scale back investments in renewables and low-carbon businesses.

This breakthrough, known as the Norma prospect, is more than just a notable find; it's being hailed as a "play-opener" for the region, dramatically lowering the risk associated with future exploration activities in the area.

The total estimated recoverable resources at Rosebank amount to roughly 300 million barrels of oil, with Phase 1 targeting 245 million barrels of oil.

North America saw a decline in the number of rigs week on week, according to Baker Hughes' latest rotary rig count published on September 22.

An arbitration tribunal has ruled in favor of South Korean company Hanwha Ocean in a drillship order cancellation case involving Northern Drilling, an offshore drilling contractor owned by billionaire John Fredriksen.