Inchcape shipping services opens new office in Geoje, Korea
This expansion increases Inchcape’s footprint in South Korea to three offices - Seoul, Busan, and now Geoje, covering 23 ports nationwide.
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This spotlight session reviews and discusses Nanoprecise’s recent article for Oilfield Technology, entitled ‘Powering Oil and Gas Operations with AI’
Nigeria: TotalEnergies completes the divestment of its non-operated interest in the Bonga Field
TotalEnergies announces that its subsidiary TotalEnergies EP Nigeria (TEPNG) has completed the divestment of its 12.5% non-operated interest in the OML118 Production Sharing Contract (PSC).
A second edition of the Gas for Africa Report has been released
The International Gas Union (IGU) and Hawilti, supported by Africa Finance Corp., have released the second edition (2025) of Gas for Africa Report.
Shell completes acquisition of increased interest in Nigeria’s deep-water Bonga field
Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell plc, has completed the previously announced agreement and increased its stake in the OML 118 Production Sharing Contract (OML 118 PSC) from 55% to 65%.
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Eni increases its stake in Nigerian deepwater block OML 118
OML 118 is an offshore Nigerian license that includes Bonga producing field, in which NAE holds non-operating interests.
Tullow Oil moves forward on Ghana licence extensions and gas agreement
The company is addressing outstanding issues including securing payment mechanisms for gas sales and an updated plan of development for the Jubilee oilfield.
RH Petrogas begins drilling Karim-1 exploration well in Indonesia
The project is located within the Kepala Burung production sharing contract (PSC), specifically in the Arar block, approximately 23km east of the company’s existing Arar production cluster.
Gulf of Suez oil discovery to add 3000 bpd to Egypt's production
This development is part of a sequence of recent achievements in Egypt’s oil and gas exploration activities.
UK oil sits at the heart of Europe's integrated energy system as second-largest producer, Wood Mackenzie analysis reveals
An independent study commissioned by Ithaca Energy and endorsed by OEUK shows that 65% of UK crude production ultimately serves the UK market through the European refining network.
GlobalData: contractors emerge as strategic catalysts advancing low-carbon transition in oil and gas
Report notes that contractors have become central to the industry’s decarbonisation efforts.