Latest News
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23 Jan 25
Australia: Tamboran and Santos execute MOU to progress studies for Darwin LNG expansion
Tamboran Resources and Santos have entered into a nonbinding Memorandum of Understanding (MOU) to undertake technical studies relating to a potential Darwin LNG (DLNG) Train 2 expansion and collaborative work on the jointly owned EP 161 acreage in the Beetaloo Basin. -
23 Jan 25
Halliburton announces fourth quarter 2024 results
Halliburton Company has announced net income of $615 million, or $0.70 per diluted share, for the fourth quarter of 2024. This compares to net income for the third quarter of 2024 of $571 million, or $0.65 per diluted share. -
23 Jan 25
Cuba: Melbana Energy to commence first phase of the field development plan for Block 9, onshore Cuba
Melbana Energy has announced the first phase of the development plan for Block 9, onshore Cuba. As announced at the AGM, the first phase of the field development plan will be a workover of the existing Alameda-2 completion within the Amistad Unit 1B reservoir followed by the drilling of a number of production wells into Unit 1B reservoir within the Amistad Structure, the first being the Amistad-2 well -
23 Jan 25
Netherlands: Aker Carbon Capture announces SLB Capturi has completed its first modular carbon capture plant
Aker Carbon Capture has announced that SLB Capturi has completed commissioning and is handing over its first modular carbon capture plant at Twence’s waste-to-energy facility in Hengelo, Netherlands. -
23 Jan 25
Malaysia: PETRONAS transfers Kebabangan Cluster PSC operatorship to ConocoPhilips
PETRONAS, through Malaysia Petroleum Management (MPM), marked a milestone in the strategic development of the Kebabangan Cluster Production Sharing Contract (KBBC PSC) with the official transfer of operatorship to ConocoPhillips Sabah Gas, a subsidiary of the global energy company ConocoPhillips. -
23 Jan 25
US: API launches Repair and Remanufacture Licensing Program
The American Petroleum Institute (API) has announced the launch of the new API Repair and Remanufacture Program. Organizations that repair or remanufacture products in accordance with designated API standards can become licensed under this program and apply the API Repair and Remanufacture mark to the equipment. -
23 Jan 25
Pharos Energy issues trading and operations update January 2025
Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has issued a Trading and Operations Update to summarise recent operational activities, performance in respect of the financial year to 31 December 2024, and outlook guidance for 2025. -
23 Jan 25
Santos announces 2024 fourth quarter report
Strong underlying business performance, combined with a disciplined focus on operational excellence, delivered another strong quarter of production and cash flow to finish 2024. -
23 Jan 25
Senegal: Capricorn Energy provides update on sale of Senegal assets to Woodside
Capricorn has received a payment of $50m from Woodside Energy after satisfying all terms and conditions under the sale and purchase agreement relating to the disposal of its production sharing contract (PSC) interests in Senegal. -
23 Jan 25
Energean announces Trading Statement and Operational Update
Energean has provided an update on recent operations and the Group's trading performance in the 12-months to 31 December 2024, together with guidance for 2025. 2024 marked another year of growth for Energean in both sales and profitability with Group revenues of $1,784 million and adjusted EBITDAX of $1,166 million up 26% and 25% year-on-year, reflecting strong performance from its core Israel operations. -
23 Jan 25
Harbour Energy announces Trading and Operations update
Harbour Energy has provided an unaudited Trading and Operations Update for the year ended 31 December 2024, ahead of announcing its Full Year Results on 6 March 2025. 2024 was a transformational year with the completion of the Wintershall Dea transaction. -
23 Jan 25
Iraq: Gulf Keystone announces operational & corporate update
Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, has provided an operational and corporate update. Local sales have remained strong with 2025 year to date gross average production of c.47,900 bopd. -
23 Jan 25
Norway: OKEA provides fourth quarter 2024 trading update
OKEA has published a trading update to summarise production and sales volumes and related updates for the quarter. Production for 2024 ended at 39.1 kboepd, slightly above the guidance of 37-39 kboepd. Production excluding Yme ended at 36.0 kboepd. Capex for 2024 ended at NOK 3.1 billion, slightly below the guidance of NOK 3.2- 3.5 billion. Capex excluding Yme ended at NOK 3.0 billion. -
23 Jan 25
Brazil: Petrobras extends charter term for the FPSO Cidade de Angra dos Reis, located in the Tupi field
Petrobras, on behalf of the Tupi field consortium, has entered into amendments to the Charter and Service Provision Contracts for the FPSO Cidade de Angra dos Reis, located in the Tupi field, extending the unit's charter term for another 5 years, until 2030. -
23 Jan 25
UAE: ADNOC Gas and EWEC celebrate long term strategic partnership to support UAE’s energy transformation through flexible gas supply
ADNOC Gas and its subsidiaries, a world-class integrated gas processing company, celebrated a new long-term strategic partnership with EWEC (Emirates Water and Electricity Company), a leading company in the integrated planning, purchasing, supply, and system despatch services of water and electricity across the UAE, to support the UAE’s energy transformation.
