Conflicting drilling results and seismic data saw 50% partners in Block 58 offshore Suriname Apache and TotalEnergies delay their financial investment decision Recent news indicates the headwinds ...

The dispute involves a $247 million claim by the government for a higher share of profits from the gas field. This legal ...

Eco agreed to farm in as operator with a 75 percent working interest in Block 1 on the South African side of the Orange Basin, while quitting its operated Block 2B in the same area. Eco (Atlantic) Oil ...

Esgian provides an update on new contract awards for Greatship, Transocean, Noble and Stena Drilling in its Week 36 Rig Analytics Market Roundup.Report SummaryContractsGreatship has secured a contract ...

The deadline for submission of bids under the fourth round of Discovered Small Field (DSF) bid round and the special coal-bed ...

Suriname’s long-awaited offshore oil boom, anchored by TotalEnergies’ GranMorgu project, promises economic relief but faces ...

An area of Lincoln National Forest known for a complex cave system was protected from oil and gas drilling and other mineral extraction, with the block on development extending for 20 years. The ...

Nigeria currently has 220 open oil blocks scattered across its onshore and offshore basins, data from the Nigerian Upstream Petroleum Regulatory Commission has revealed. This is despite its growing ...

Florida lawmakers have proposed legislation to ban oil drilling near Apalachicola Bay to protect the vulnerable ecosystem. The proposed ban comes after public outcry over a permitted exploratory oil ...

Recent modeling of geological factors indicates that Peru's offshore blocks have similar characteristics and similarity in basin generation as the Angola or California-type borderland basins that ...

COLOMBO, April 16 (Reuters) - Sri Lanka has delayed evaluating bids for two oil exploration blocks in its northwestern offshore Mannar basin and is to evaluate one with the most competition first, the ...

Sure, high-performance engines burn fuel. But they wouldn’t be able to do it for very long if it wasn't for oil of varying viscosities that lubricates crankshafts, cams, bearings, rods, pistons, rings ...