Oil & Gas Operators

American Vaalco Energy reported positive results of exploration activities on the continental shelf of Gabon.The company put into operation the directional well Etame-14H, which encountered a productive interval of about 325 metres in the sandstones of the Gamba formation. The initial production rate of the well amounted to about 4.85 …

Italian company Eni has discovered a giant natural gas field on the Indonesian continental shelf, the company’s press service reports. The discovery was made while drilling the Geliga-1 exploration well in the Ganal block, approximately 70 kilometres off the coast of East Kalimantan. Preliminary estimates indicate resources of about 5 …

“Kazakhstan does not expect a decline in oil production following a possible suspension by Russia of Kazakh oil transit via the Druzhba pipeline”, said Energy Minister Yerlan Akkenzhenov. “No, a reduction in production is not envisaged. We have the ability to redistribute this volume through other routes,” Akkenzhenov told journalists …

French TotalEnergies has signed a Memorandum of Understanding (MoU) with Turkey’s Türkiye Petrolleri Anonim Ortaklığı (TPAO) предусматривающий развитие сотрудничества в сфере геологоразведки. This was reported by the company’s press service. The agreement is aimed at conducting exploration activities in the Black Sea, as well as implementing joint projects at the …

Petroleo Brasileiro SA (Petrobras) discovered oil and natural gas accumulations in the deepwater part of the prolific Campos Basin on the continental shelf of Brazil. This was reported by the company’s press service. Petrobras intensified exploration activities on its core acreage in an effort to unlock additional reserves. The company …

Gazprom Neft has discovered two new accumulations at fields in the Khanty-Mansi Autonomous Okrug – Yugra with total geological reserves exceeding 4 million tonnes. Additional formations were identified at the Yuzhno-Priobskoye and Orekhovo-Ermakovskoye fields thanks to Russian technologies for processing geological information. A digital system created by Gazprom Neft, after …

Specialists of the Ufa design institute of Rosneft developed a methodology for selecting casing pipes at fields with high content of corrosive components. The actual economic effect from the implementation of the innovation exceeded 3 million rubles per well. Scientists analyzed more than 8,500 wells across 93 fields operated by …

Algerian Minister of Energy Mohamed Arkab on Sunday launched the international tender “Algeria Bid Round 2026” for hydrocarbon development across seven blocks in the southern regions of the country, a RIA Novosti correspondent reported. The tender includes, among others, the El Bourma-2, East Bordj Omar Idriss-1, and Illizi Ouest-1 blocks. …

Head of Rosprirodnadzor, Svetlana Radionova, presented to the Minister of Natural Resources and Environment of Russia, Alexander Kozlov, a digital Geoportal designed to ensure unified control in subsoil use, according to a statement from the Ministry of Natural Resources. The new tool will improve response times in preventing and detecting …

Uzbekneftegaz signed a contract with China’s CNPC XIBU Drilling Engineering Company Limited for drilling 30 exploration wells. This was reported by the company’s press service. Work under the contract will be carried out from 2026 to 2028 on newly identified prospective subsoil blocks in the Ustyurt region. The planned well …