Category: Uncategorized

Kistos has acquired a 10% interest in Ringhorne licenses PL 169E, PL 956 and PL 956B from Vår Energi for $12.9 million, adding 4.3 MMboe in Norway’s Balder Area.

National Fuel Gas is planning a tax-free spin-off of its Appalachian upstream and gathering business, with about 1.1 Bcf/d of production, by the second half of 2027.

Enverus reports that Anadarko basin drilling inventory grew 37% year over year to 8,055 locations, as private operators gain ground and production is forecast to rise 15% through 2030.

SANPC CEO Godfrey Moagi has been named chairman of the APPO NOC CEOs Forum, prioritizing refining capacity, energy financing and workforce development across Africa.

Viking Completion Technology has opened an API-certified manufacturing and testing facility in Dhahran, Saudi Arabia, expanding local production of well completion equipment through a joint venture with Abdulrahman Algosaibi Holdings.

TotalEnergies plans additional diesel and heating fuel price cuts in France beginning Nov. 1, as the government releases strategic reserves to ease costs amid global supply disruptions.

Vallourec has secured a major TotalEnergies contract to supply more than 16,000 tons of tubular products, including OCTG and 159 km of line pipe, for Azerbaijan’s offshore Absheron gas development.

SLB has commissioned a new liquid mud plant in Pemba, Mozambique, adding 21,000 bbl of drilling and completion fluids storage capacity to support growing offshore activity.

Federal officials have proposed a March 2027 offshore oil and gas lease sale covering 1.05 million acres and 224 blocks in Alaska’s Cook Inlet, with a proposed 12.5% royalty rate.

The deal brings over coiled tubing units and related equipment from STEP Energy Services’ U.S. coiled tubing, fluid and nitrogen pumping, and well services operations, paid for with revolver-funded cash and about 307,500 Ranger shares.