Suriname’s long-awaited offshore oil boom, anchored by TotalEnergies’ GranMorgu project, promises economic relief but faces ...

Conflicting drilling results and seismic data saw 50% partners in Block 58 offshore Suriname Apache and TotalEnergies delay their financial investment decision Recent news indicates the headwinds ...

The dispute involves a $247 million claim by the government for a higher share of profits from the gas field. This legal ...

Guyana is inviting Indian firms to participate in its oil block auction in 2026, aiming to strengthen energy ties and ...

Esgian provides an update on new contract awards for Greatship, Transocean, Noble and Stena Drilling in its Week 36 Rig Analytics Market Roundup.Report SummaryContractsGreatship has secured a contract ...

Kenya is preparing to put 10 multibillion-dollar oil and gas exploration blocks up for auction this September, marking its first licensing round since introducing a new petroleum law six years ago.

The Biden administration will cancel oil leases sold by the Trump administration in an Alaskan wildlife refuge and block new drilling in millions of acres in the state, setting up a new brawl with ...

Peru is reducing royalties on oil and gas production to about 5 percent on average from the current 20 percent in order to encourage exploration amid slumping prices, the government said Wednesday.

Tillion Energy International has signed a deal with Derkim Poliuretan to secure 50 percent working and revenue interest in three oil exploration blocks in Southeastern Turkiye. Trillion Energy ...

Nigeria currently has 220 open oil blocks scattered across its onshore and offshore basins, data from the Nigerian Upstream Petroleum Regulatory Commission has revealed. This is despite its growing ...