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General Hydrocarbons Limited (GHL) has proposed a potential settlement with Dolphin Drilling that would combine a cash payment with the possible deployment of the Blackford Dolphin rig in Nigeria, as the companies seek to resolve an approximately $105 million arbitration award. GHL has approached Dolphin Drilling with a non-binding proposalContinue Reading

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Chevron has signed a production-sharing agreement with Libya’s National Oil Corporation (NOC) covering onshore Contract Area 106 in the Sirte Basin, formally advancing the US energy company’s return to Libya’s upstream oil sector. The agreement follows Chevron’s selection as the winning bidder for Contract Area 106 during Libya’s 2025 licensingContinue Reading