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      Talos signs $1.1bn deal to acquire US Gulf of Mexico oil producer EnVen

      News
      Talos Energy has agreed to acquire EnVen Energy, a US-based private operator in the deepwater US Gulf of Mexico, in a deal worth $1.1bn,...

      Transocean secures offshore drilling rig contract from Wintershall and OMV

      Drilling
      Offshore drilling contractor Transocean has secured a rig contract from Wintershall Dea and OMV for the drilling of 17 wells offshore Norway. The company will...

      OMV to drill sidetrack and perform well test after confirming gas and condensate in North Sea well

      Drilling
      Austria’s oil and gas company OMV has confirmed a gas-condensate discovery at its Oswig exploration well located in the North Sea but, due to...

      UAE accelerates plan to increase its oil production capacity

      Exploration Development
      The United Arab Emirates is accelerating a plan to raise its oil production capacity, according to people familiar with the matter, as it tries...

      INEOS and partners approved to develop Solsort field offshore Denmark

      Drilling
      INEOS and its partners in the Solsort Unit, Danoil and Nordsøfonden, have agreed on Final Investment Decision regarding the development of the Solsort West...

      Oil Demand Rises In China As Refiners Ramp Up Production

      News
      In anticipation of greater demand and a potential increase in fourth-quarter gasoline exports, at least three Chinese state-run oil refineries and a privately owned...

      Time To Tell If New Energy Policies Are Effective In Europe

      News
      Another historic week has passed for the European energy markets, with policymakers taking the lead in defending consumers and companies from skyrocketing energy costs. Although...

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