Reference is made to the press release dated 14 January 2025 regarding the agreement in which Akastor ASA (OSE: AKAST) transfers 8.3% of the shares in AKOFS Offshore AS ("AKOFS Offshore") to Mitsui O.

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Blocks offer divergent risk profiles — one hosting gas prospects near infrastructure, the other hosting structures similar to ...

He added: "I will revoke the offshore oil, gas drilling ban in vast areas ... offshore Mauritania and Senegal.The gas from wells at the GTA Phase1 liquefied natural gas (LNG) project now flows ...

French energy major TotalEnergies has started drilling the first of the planned two wells in oil and gas blocks offshore ...

The King exploration well is positioned close to BP's current facilities and subsea pipelines in the West Nile Delta project.

The Bohai 26-6 Phase I project has begun production and aims to peak at around 22,300 barrels of oil equivalent daily by 2025 ...

President Trump’s “Drill, baby, drill” initiatives may cause a demand spike for offshore drillers. Trump signed an executive ...

The offshore wind industry has bipartisan support in Louisiana, including from traditional companies in the oil-and-gas ...

This premier event will delve into sustainable growth strategies, fostering partnerships that aim to expand infrastructure, ...

China National Offshore Oil Corp has commenced production at the Bozhong 26-6 oilfield development project (Phase I), the ...

Operator is poised to build China’s second cylindrical FPSO for developing its latest oil find in the South China Sea ...