News
Woodside takes over major Gippsland Basin energy operations
13+ hour, 44+ min ago (403+ words) Woodside Energy has officially taken over as operator of the Gippsland Basin assets, including the Gippsland Basin Joint Venture and the Kipper Unit Joint Venture, from Esso Australia Resources Pty Ltd, marking a significant shift for one of the country's…...
Asset Integrity, Automation & Cybersecurity e cuccessfully
15+ hour, 50+ min ago (396+ words) The inaugural Asset Integrity, Automation & Cybersecurity Conference (AIAC West Africa 2026) concluded successfully on 0910 June 2026 at The Civic Centre, Lagos, bringing together industry leaders, technical experts, operators, and technology providers from across the oil & gas, utilities, and industrial sectors. The event…...
Oil prices stabilise after US-Iran truce eases
13+ hour, 48+ min ago (634+ words) Oil prices stabilised on Monday 29 June after the United States and Iran reached an agreement to halt their renewed hostilities in the Gulf and committed to resuming negotiations over the Strait of Hormuz. The announcement followed several days of retaliatory…...
Lion Energy gets Indonesian regulatory nod for East Seram farmout
1+ day, 8+ hour ago (449+ words) Lion Energy Ltd. has cleared the final major regulatory hurdle needed for its upcoming exploration campaign on Seram Island, Indonesia. The company confirmed that the Indonesian Minister of Energy and Mineral Resources has approved a 15 per cent participating interest transfer…...
bp and ONGC sign new contract for Mumbai High field
3+ day, 8+ hour ago (443+ words) India's national oil company, ONGC, has signed a new technical services contract with energy giant bp to enhance output across its Western Offshore Basin. Under the arrangement, ONGC will retain complete ownership and operational control of all assets. However, bp…...
Brent crude slips as Gulf output recovers quickly
6+ day, 10+ hour ago (645+ words) Brent crude is trading near US$73 a barrel, close to its lowest level in three months, as markets adjust to a faster-than-anticipated recovery in Middle East oil supply following the recent regional conflict. According to new estimates from Rystad Energy,…...
Brookside completes infrastructure phase at Suttles pad
1+ week, 7+ hour ago (442+ words) Brookside Energy has completed a critical infrastructure phase at its Suttles pad in in the Anadarko Basin, Oklahoma, finalising surface production facilities ahead of an upcoming two-well drilling blitz. The company said construction of the surface facilities is complete in…...
ADX sees positive gas flow at Austrian exploration well
1+ week, 6+ day ago (423+ words) ADX Energy Ltd. has reported a highly encouraging initial flow rate during production testing at its Hochfeld-1 shallow gas exploration well in Europe. The company has confirmed that testing on the first of multiple gas reservoirs within the well delivered…...
Victoria asks gas companies fund decommissioning infrastructure
1+ week, 6+ day ago (459+ words) A Victorian parliamentary committee has recommended oil and gas companies provide funding in removing end-of-life offshore oil and gas infrastructure in the Bass Strait among other obligations to clean up their old infrastructure. The Victorian Legislative Council Environment and Planning…...
Galilee Energy starts site works for Zydeco-1 drilling campaign
2+ week, 1+ day ago (436+ words) Galilee Energy Ltd. has started site preparation activities ahead of drilling at its wholly owned Zydeco gas project in Louisiana, US. The field execution phase is now well underway, keeping the high-impact Zydeco-1 conventional well firmly on track to spud…...