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Sintana to Acquire Stake in Namibia Orange Basin Blocks

The acquisition provides Sintana with an attractive entry into a high impact license with significant upside .

Jeremy hangulaMark stearnesRobert boseKnowledge katti foundationQuantum xploration incCrown energy pty ltdNational petroleum corporation of namibiaSintana energy incVenture exchangeGiraffe energyGiraffe energy investments pty ltdCrown energyPetroleum explorationToronto based sintana energyGiraffe energy investmentsPetroleum exploration license

Matador Boosts YOY Profit, Production in First Quarter

The year-over-year increase is due not only to the Advance Energy acquisition that closed in April 2023 but also to increased production from new wells.

United statesJoseph foranEnergy partners holdingsMatador resources companyDallas based matador resources companyAdvance energySan mateoDagger lake southAdvance energy partners holdingsEncap investmentsOil and gas petroleum news events stories articles analysis commentary headlines stocks finance commodities maps pictures

Var Energi Posts Record Production

Var Energi produced 299,000 boepd in the first quarter.

Norwegian seaOceans generalNorth seaNick walkerJohan castbergNeptune energy group ltdVar energiNeptune energy groupNorway based var energiNorwegian north seaNorwegian barents seaOil and gas petroleum news events stories articles analysis commentary headlines stocks finance commodities maps pictures

Nigeria Puts Two Fields into Production

The projects add a combined 32,000 bpd to Nigeria s output capacity.

Bayelsa stateAbuja federal capital territoryPort harcourtPius akinyelureShell petroleum development company of nigeria ltdNigerian national petroleum coMadu oil fieldPetroleum development coProduction ltdBureau of public enterprisesOil mining leaseNigerian television authorityLtd firstNigerian national petroleumWest africanPetroleum development

Saipem Reports Higher Figures for Q1

Saipem logged an adjusted net income of $61 million.

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