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22Sep0 comments
PGNiG to acquire Shell unit interests in two North Sea fields
PGNiG Upstream Norway has agreed to acquire A/S Norske Shell’s interests in Equinor-operated North Sea fields Kvitebjørn and Valemon.
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19Sep0 comments
Ultra Petroleum exits Chapter 11 as private operator
Ultra Petroleum Corp. has emerged from bankruptcy and converted to UP Energy LLC, a private company with continued natural gas…
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19Sep0 comments
Orca suspends efforts outside Tanzania, names interim CEO
Orca Energy Group Inc. has suspended ongoing efforts to acquire and develop an integrated gas business in African countries outside…
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17Sep0 comments
EIA: US crude inventories down 4.4 million bbl
US crude oil inventories for the week ended Sept. 11, excluding the Strategic Petroleum Reserve, decreased by 4.4 million bbl…
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17Sep0 comments
BSEE: 28% of current Gulf of Mexico oil production shut-in ahead of Hurricane Sally
Offshore oil and gas operators in the US Gulf of Mexico evacuated platforms and rigs ahead of Hurricane Sally, which…
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16Sep0 comments
ONGC lets integrated survey services contract to Fugro
Oil and Natural Gas Corp. Ltd. (ONGC) awarded Fugro a 3-year contract to provide integrated survey services for work now…
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16Sep0 comments
Ithaca lets North Sea services contract to Petrofac
Ithaca Energy has let a 5-year integrated services contract to Petrofac Facilities Management Ltd. The contract includes the provision of…
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11Sep0 comments
Dana acquires licenses in the Southern North Sea
Dana Petroleum received a new license as operator in Blocks 42/27, 47/2b and 47/3g in the Southern North Sea, next…
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11Sep0 comments
BP enters $1.1 billion offshore wind partnership with Equinor
BP has agreed to acquire a 50% non-operated interest in the Empire Wind and Beacon Wind assets on the US…
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11Sep0 comments
EIA: US crude inventories up 2.0 million bbl
US crude oil inventories for the week ended Sept. 4, excluding the Strategic Petroleum Reserve, increased by 2.0 million bbl…
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11Sep0 comments
Petrobras begins binding phase of Santos basin asset sale
Petroleo Brasileiro SA (Petrobras) has started the binding phase of its earlier announced proposal to sell 50-100% of its stake…
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11Sep0 comments
OGA awards two North Sea blocks to United
United Oil & Gas PLC expects to be awarded Blocks 15/18e and 15/19c in the North Sea following the UK’s…
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10Sep0 comments
Kenya JV receives license extension
Kenya joint venture partners Tullow Oil, Africa Oil, and Total will submit an updated field development plan by yearend 2021…
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10Sep0 comments
Parkmead, Chrysaor awarded licenses offshore UK
Parkmead Group PLC has been offered four offshore blocks and part blocks spanning three new licenses in the UK 32nd…
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10Sep0 comments
Shell inks deal for frontier exploration assets worth up to $200 million
Royal Dutch Shell PLC subsidiary BV Dordtsche Petroleum Maatschappij agreed to acquire interest in certain frontier exploration assets from Kosmos…
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09Sep0 comments
Total resigns operatorship in Foz do Amazonas basin
Total resigned as operator for five exploration blocks in Foz do Amazonas basin, 120 km offshore Brazil. Partners of exploration…
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04Sep0 comments
Pemex lets drilling contract for work offshore Mexico
Petroleos Mexicanos (PEMEX) let a contract to Dolphin Drilling for use of the Blackford Dolphin semisubmersible drilling rig for an…
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03Sep0 comments
EIA: US crude inventories down 9.4 million bbl
US crude oil inventories for the week ended Aug. 28, excluding the Strategic Petroleum Reserve, decreased by 9.4 million bbl…
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03Sep0 comments
Schlumberger sells hydraulic fracturing unit to Liberty
Liberty Oilfield Services Inc., Denver, acquired Schlumberger’s OneStim onshore hydraulic fracturing business in the United States and Canada, including its…
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03Sep0 comments
Whitebark Energy puts Warro field up for sale or farm-in
Whitebark Energy Ltd., Perth, plans a sale of its 100%-owned Warro tight gas field in the onshore North Perth basin…