The oil fields, with fully operational production infrastructure, comprise 38,301 acres onshore Brazil, Potiguar basin, adjacent to Petro-Victory's existing assets. Current production is 250 b/d “with ...

The Poseidon joint venture will now advance the test phase to provide insights under varying CO2 injection conditions.

bp’s annual underlying profit slipped from $13.8bn in 2023 to $8.9bn last year, prompting a ‘strategy reset’.

Nigerian oil producers are negotiating with Shell to secure up to 25% of service contracts for the Bonga North project. This initiative is part of a broader effort to boost local industry ...

Aker Solutions has signed a significant contract with Dragados Offshore to deliver the steel substructure for the 2GW HVDC converter station for the BalWin 1 offshore wind grid connection system in ...

Intech has secured a major project win with a leading FPSO operator in the West African deepwater field for modernising its ...

Samsung Heavy Industries Nigeria (SHIN),has expressed regrets that the facility had not carried out major projects since the onset of COVID-19 pandemic in 2020, when oil industry operations were ...