BW Energy is pleased to announce that second sidetrack DBM-1 ST2 well has confirmed the substantial oil discovery with good reservoir and fluid quality of the Bourdon prospect in the Dussafu Licence ...

Management estimates indicate 56 million barrels oil in place of which approximately 25 million barrels are considered recoverable. The collaboration aims to integrate Weatherford's software and ...

Weatherford International plc has announced it has signed a strategic Memorandum of Understanding (MOU) with AIQ, the Abu Dhabi-based artificial intelligence (AI) champion developing innovative ...

Management estimates indicate 56 million barrels oil in place of which approximately 25 million barrels are considered recoverable. The collaboration aims to integrate Weatherford's software and ...

Crude burn – the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation – has long been a staple in Saudi Arabia’s energy mix. The kingdom burns ...

Crescent Energy Company has announced the closing of the sale of non-operated Permian Basin assets to a private buyer for US$83 million in cash, subject to customary post-closing purchase price ...

TotalEnergies has announced the start of production from the deepwater Ballymore field offshore US, in which the Company has a 40% interest alongside operator Chevron (60%). Located 120 km off the ...