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01Dec0 comments
Turkmennebit extends Tatneft Goturdepe field contract
Turkmenistan has extended a contract with PJSC Tatneft aimed at increasing the flow rate of wells in the onshore Goturdepe…
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01Dec0 comments
ExxonMobil takes Bass Strait off the market
ExxonMobil has abandoned the sale of its Bass Strait assets in Victoria after responses from potential buyers did not match…
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26Nov0 comments
EIA: US crude inventories down 800,000 bbl
US crude oil inventories for the week ended Nov. 20, excluding the Strategic Petroleum Reserve, increased by 800,000 bbl from…
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25Nov0 comments
Suncor to assume operatorship of Syncrude by end-2021
Suncor, Calgary, pending formal approval from Syncrude joint venture partners, will become operator of the oil sands project by end-2021.
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24Nov0 comments
Talos apparent high bidder in two Lease Sale 256 blocks
Talos Energy Inc. is the apparent high bidder on two deepwater blocks from the recent Outer Continental Shelf (OCS) Federal…
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24Nov0 comments
Equinor signs agreement for Peregrino maintenance, modifications work
Equinor has signed a framework agreement with Aker Solutions for maintenance and modifications services at the Campos basin Peregrino field,…
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21Nov0 comments
Norway offers 136 offshore tracts, will award licenses in first quarter
Norway has launched its 25th licensing round encompassing 136 blocks in the Norwegian Sea and the Barents Sea.
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21Nov0 comments
Petrobras begins non-binding phase for Carmópolis cluster sale
Petrobras has begun the non-binding phase to sell onshore production concessions in various cities in the state of Sergipe, onshore…
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20Nov0 comments
Petro Rio acquires Campos basin properties from BP
Petro Rio SA signed an agreement with BP Energy do Brasil Ltda. for 35.7% acquisition of BM-C-30 Block (Wahoo) and…
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19Nov0 comments
Gulf of Mexico lease sale draws $135 million in bids
Oil and gas companies entered 105 bids totaling $135 million for exploration leases in the Gulf of Mexico Nov. 18,…
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19Nov0 comments
Vaalco acquires interests offshore Gabon
Vaalco Energy Inc. agreed to acquire a 27.8% working interest in the Etame Marin block and 40% in Block DE-8,…
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19Nov0 comments
EIA: US crude inventories up 800,000 bbl
US crude oil inventories for the week ended Nov. 13, excluding the Strategic Petroleum Reserve, increased by 800,000 bbl from…
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19Nov0 comments
Petrobras advances Albacora, Albacora Leste sale
Petróleo Brasileiro SA (Petrobras) has begun the non-binding phase of its sale of Albacora and Albacora Leste concessions in the…
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19Nov0 comments
Rosneft approves Vostok Oil farmout
Rosneft Oil Co. approved the sale of a 10% stake in Vostok Oil LLC to Trafigura Pte. Ltd.
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17Nov0 comments
PSE Kinsale Energy progresses Kinsale decommissioning
Petronas subsidiary PSE Kinsale Energy Ltd. is progressing decommissioning operations of gas fields in the Kinsale area in the Celtic…
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17Nov0 comments
Petrobras releases teaser for Marlim cluster sale
Petróleo Brasileiro SA (Petrobras) has started the opportunity disclosure stage (teaser) for the sale of 50% of its stake in…
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17Nov0 comments
Gulfport files Chapter 11 to implement restructuring
Gulfport Energy Corp. filed petitions for voluntary relief under chapter 11 of the United States Bankruptcy Code in the US…
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14Nov0 comments
Total lets contract for seismic work offshore Senegal
Total E&P Senegal let a contract to Shearwater GeoServices Holding AS for 3D acquisition and processing offshore Senegal.
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12Nov0 comments
FAR agrees to sell offshore Senegal asset to India’s ONGC
FAR Ltd., Melbourne, agreed to sell its 15% interest in Rufisque, Sangomar, and Sangomar Deep (RSSD) offshore Senegal permits to…
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11Nov0 comments
Zenith Energy terminates exploration in Azerbaijan
Zenith Energy Ltd. and SOCAR (State Oil Company of the Azerbaijan Republic) have agreed to terminate the 25-year contract exploration…