The Santorini drillship will be deployed offshore Côte d’Ivoire for a long-term development drilling campaign.

The operator and its license partners are evaluating a new Barents Sea oil oil discovery as the newest potential tieback to Johan Castberg.

Petrobras has given the green light for the SEAP I project in the Sergipe-Alagoas basin offshore Brazil. Petróleo Brasileiro SA (Petrobras) has taken final investment decision (FID) for the Sergipe ...

Devon Energy Corp., Oklahoma City, is prioritizing organic growth over acquisitions, incoming chief executive officer Clay Gaspar said Feb. 19, adding that his team’s main focus “is just making Devon ...

Oil prices hit nearly 6-week highs as geopolitical tensions in the Middle East intensify, threatening the Strait of Hormuz ...

The leaders of Range Resources Corp., Fort Worth, Tex., are shifting some second-half drilling plans into 2027 as the ...

At 411.7 million bbl, US crude oil inventories are about 6% below the 5-year average for this time of year, the US Energy ...

bp Gas Marketing Ltd. has won its arbitration case against Venture Global LNG Inc. related to offtake from the latter’s 10-million tonne/year Calcasieu Pass LNG plant. The International Chamber of ...

ExxonMobil Corp., Houston, is looking to add to its Guyana success story by applying to drill 35 exploration wells in four prospect areas of the Stabroek block. If approved by Guyana regulators, ...

Lotte Chemical begins commercial operations at $3.9-billion naphtha cracker in Cilegon, Indonesia, boosting regional olefins output. New LINE complex to produce 1 million tpy ethylene, lifting ...

The LNG market faces potential contraction in 2026 due to conflicts affecting Qatar and the UAE, but long-term growth remains ...

ABL will oversee the transportation and installation of the floating storage and offloading vessel's mooring, pipelines and other subsea infrastructure.