Kimmeridge Energy Management, a New York-based firm, has successfully raised more than $1 billion for the acquisition and development of oil-and-gas assets.
Trillion Energy International Inc. announced it has entered into a farm-in agreement with Derkim Poliüretan Sanayi ve Ticaret A.S. to earn a 50% working and revenue interest in three oil exploration blocks spanning 151,484 hectares located in the Cudi-Gabar province, Türkiye in proximity to recent discoveries.
Upstream oil and gas company Jersey Oil and Gas PLC has been approved for an extension to the second term of the P2170 Verbier licence by the North Sea Transition Authority (NSTA).
Norway s government said on Wednesday it has given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country s strategy to extend production for decades to come.