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03Oct0 comments
Petrobras concludes sale of Lagoa Parda Cluster
Petróleo Brasileiro SA (Petrobras) closed the sale of its entire stake in the onshore fields of the Lagoa Parda Cluster…
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03Oct0 comments
Pandion Energy, ConocoPhillip swap license interests offshore Norway
Pandion Energy AS has entered into an agreement with ConocoPhillips Skandinavia AS to swap half of its 20% interest in…
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03Oct0 comments
Noble shareholders approve merger with Chevron
Shareholders of Noble Energy Inc. have approved the pending merger and all other proposals related to the agreement in which…
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03Oct0 comments
Equinor continues investigation into Hammerfest LNG fire
Equinor has started an internal investigation into the fire at the Hammerfest LNG facility on Melkoya Island in northern Norway…
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02Oct0 comments
Arena Energy emerges from bankruptcy, plans Q4 drilling restart
Arena Energy LP has completed its financial restructuring, emerging from bankruptcy under the ownership of San Juan Offshore LLC, and…
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02Oct0 comments
Occidental sells onshore Colombia assets
Occidental Petroleum Corp., Houston, signed an agreement to sell its assets onshore Colombia to The Carlyle Group for about $825…
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02Oct0 comments
Petrobras advances sale of onshore assets
Petrobras has begun the non-binding phase of sale in its stakes of five onshore field concessions with integrated facilities, jointly…
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02Oct0 comments
ConocoPhillips to resume share buybacks in Q4
ConocoPhillips intends to resume share buybacks in this year’s fourth quarter with plans to repurchase $1 billion of its own…
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02Oct0 comments
Pickerill decommissioning continues with Pickerill B topside removal
Decommissioning work on Perenco UK Ltd.’s unmanned Pickerill platform in UKCS Block 48/11 continues as the second skidding operation with…
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01Oct0 comments
EIA: US crude inventories down 2.0 million bbl
US crude oil inventories for the week ended Sept. 25, excluding the Strategic Petroleum Reserve, decreased by 2.0 million bbl…
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01Oct0 comments
Ecopetrol to auction Colombian assets
Ecopetrol Group launched Ronda Campos Ecopetrol 2020, offering its entire stake in nine development and production assets in Colombia.
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01Oct0 comments
Shell to cut up to 9,000 jobs in company overhaul
Shell plans to cut between 7,000 and 9,000 positions by end 2022, potentially affecting more than 10% of its workforce….
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01Oct0 comments
Oasis files Chapter 11 to facilitate reorganization
Oasis Petroleum Inc. filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code in the US…
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30Sep0 comments
Lundin lets contract for Edvard Greig platform electrification
Lundin Energy let an EPCI contract to Aker Solutions for the integration of a high-voltage electrical boiler package as part…
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29Sep0 comments
Devon, WPX agree to merge
Devon Energy Corp. and WPX Energy Inc. will combine in a $2.56-billion all-stock deal. The combined company will hold significant…
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29Sep0 comments
Petrobras seeks operatorship, interest in Foz Do Amazonas basin assets
Petrobras agreed to acquire operatorship and working interest in five exploration blocks in the Foz Do Amazonas basin from Total…
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26Sep0 comments
Norwegian continental shelf licensing round receives 33 applications
The Norwegian Ministry of Petroleum and Energy (NPD) received applications from 33 oil companies in the 2020 licensing round awards…
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26Sep0 comments
Petrobras starts process to sell Albacora, Albacora Leste assets
Petróleo Brasileiro (Petrobras) has started the opportunity disclosure stage (teaser) for sale of its entire stake in the Albacora and…
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23Sep0 comments
UK Oil & Gas reports significant gas resource onshore UK
UK Oil & Gas PLC reported significant gas reserves at Loxley Portland gas discovery within its operated PEDL234 license onshore…
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23Sep0 comments
PetroNor retains offshore Gambia license following arbitration
PetroNor E&P and the government of The Gambia agreed to terms settling arbitration related to offshore licenses A1 and A4….