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02Sep0 comments
OMV Petrom joins Han-Asparuh consortium, offshore Bulgaria
OMV Petrom entered the Han-Asparuh exploration block in Bulgaria by completing its acquisition of OMV Offshore Bulgaria GmbH from OMV…
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02Sep0 comments
Bruin E&P emerges from Chapter 11
Bruin E&P Partners LLC, Houston, and its subsidiaries have emerged from Chapter 11 having completed the restructuring process.
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01Sep0 comments
Ninian North decommissioning continues with topsides removal
Decommissioning work on Canadian Natural Resources International’s Ninian North platform in the North Sea continues as Allseas’ Pioneering Spirit heavy…
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01Sep0 comments
Brunei Shell Petroleum extends Maersk Convincer jack up contract
Brunei Shell Petroleum Co. Sdn. Bhd. (BSP) exercised a contract extension option for Maersk Convincer jack up that allows the…
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01Sep0 comments
Strike signs firm gas offtake agreement from West Erregulla
Strike Energy Ltd. has signed an agreement with Wesfarmers subsidiary CSBP to convert its gas supply option to a firm…
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29Aug0 comments
Karavan SPE Cricaré to buy Cricaré Cluster interests from Petrobras
Karavan SPE Cricaré SA, a specific purpose entity (SPE), agreed to purchase Petrobras’s entire interest in 27 onshore exploration and…
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29Aug0 comments
Petrobras lets survey, inspection contracts to DOF Subsea
Petrobras has let four new survey and inspection contracts to Norway’s DOF Subsea.
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28Aug0 comments
Total signs MoU for Mozambique LNG project security
Total E&P Mozambique Area 1, operator of the Mozambique LNG project, signed a new memorandum of understanding with the government…
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28Aug0 comments
FAR declines Sangomar pre-empt opportunity
FAR Ltd. declined its opportunity to pre-empt the sale of Cairn Energy’s 40% stake in the Rufisque Offshore, Sangomar Offshore…
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27Aug0 comments
EIA: US crude inventories down 4.7 million bbl
US crude oil inventories for the week ended Aug. 21, excluding the Strategic Petroleum Reserve, decreased by 4.7 million bbl…
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26Aug0 comments
BSEE: 84.3% of current Gulf of Mexico oil production shut-in ahead of Hurricane Laura
Offshore oil and gas operators in the US Gulf of Mexico continue to evacuate platforms and rigs ahead of Hurricane…
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26Aug0 comments
Africa Energy to add interest in Block 11B/12B, offshore South Africa
Africa Energy Corp. has signed definitive agreements to increase its effective interest in Block 11B/12B in Outeniqua basin 175 km…
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25Aug0 comments
Petrobras begins North Capixaba cluster sale
Petrobras has begun the process of sale of its stakes in a set of five field concessions with integrated facilities,…
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25Aug0 comments
SPE Rio Ventura buys Petrobras’s interest in Rio Ventura cluster
SPE Rio Ventura SA, a wholly owned subsidiary of 3R Petroleum e Participações SA, purchased Petrobras’s entire interest in the…
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25Aug0 comments
HighPeak Energy formed from Pure Acquisition, HighPeak assets combine
HighPeak Energy Inc., the company formed from the closing of Pure Acquisition Corp.’s acquisition of the oil and gas assets…
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25Aug0 comments
BSEE: Operators shut in oil, gas production ahead of tropical storms Marco, Laura
Offshore oil and gas operators in the US Gulf of Mexico are evacuating platforms and rigs in preparation for tropical…
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22Aug0 comments
Kenya block partners to withdraw notices of force majeure
Joint venture partners on Tullow Oil Kenya BV-operated Blocks 10BB and 13T in Kenya have submitted a letter to the…
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21Aug0 comments
Petrobras lets subsea EPCI contract for Libra Mero 2 project
Libra consortium leader Petrobras has let an engineering, procurement, construction and installation (EPCI) contract to TechnipFMC for presalt Mero field…
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20Aug0 comments
Occidental to sell Wyoming, Colorado, Utah land grant assets for $1.33 billion
Occidental Petroleum Corp. has agreed to sell Wyoming, Colorado, and Utah land grant assets to Orion Mine Finance for $1.33…
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20Aug0 comments
Wintershall, Sonatrach sign MOU to explore additional cooperation in Algeria
Wintershall Dea has signed a memorandum of understanding with Sonatrach aimed at strengthening cooperation in Algeria. The MOU agrees to…