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OMV Petrom, NewMed Energy to Drill Another Exploration Well in Bulgaria’s Black Sea

Offshore Engineer

OMV Petrom and NewMed Energy, the partners in the Bulgaria's Han Asparuh offshore block in the Black Sea, have reached the decision to drill an exploration well in the Krum Prospect…

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ReconAfrica to accelerate drilling plan for Namibia exploration well

Oil & Gas 360º

(World Oil) – Reconnaissance Energy Africa Ltd. Drilling at the Prospect I location has been significantly derisked by the results of our first Damara Fold Belt well, Naingopo, which encountered reservoir in the Otavi carbonates, hydrocarbon shows and oil to surface.

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BP Makes Deepwater Oil Discovery in Gulf of America

OilPrice

The discovery at the Far South prospect comes as BP announced a few weeks back a strategy reset to shift focus back to growing oil and gas production and investments after a few years of trying to be an integrated energy company with a major presence in renewables.

Oil 282
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BP Makes Deepwater Oil Discovery in Gulf of Mexico

OilPrice

The discovery at the Far South prospect comes as BP announced a few weeks back a strategy reset to shift focus back to growing oil and gas production and investments after a few years of trying to be an integrated energy company with a major presence in renewables.

Oil 269
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Rhino Resources To Drill New Well Offshore Namibia

Offshore Engineer

African energy explorer Rhino Resources and its partner Azule Energy will drill the new Volans-1X exploration well offshore Namibia in late July or early August…

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DNO Closes Acquisition of Sval Energi for $450MM

Rigzone

Image by Philipp Pelka via iStock DNO ASA said it has completed its acquisition of Sval Energi Group AS from HitecVision for cash consideration of $450 million based on an enterprise value of $1.6 Sval Energi CEO Halvor Engebretsen will lead the enlarged North Sea business as the managing director for DNO Norge AS, according to the release.

Energy 67
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OMV to Explore Geothermal Potential in Styria

Rigzone

Image by Daniel S Ragnarsson via iStock OMV AG plans to launch a seismic survey in December to explore the potential of geothermal energy in the East Styrian basin in the greater Graz area. The Austrian state-backed energy company expects to drill an exploration well in the second half of 2026.