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01May0 comments
Phillips 66 Partners posts quarterly loss on pipeline exit impairment
Phillips 66 Partners LP reported a first-quarter 2021 loss of $18 million, compared with earnings of $104 million in fourth-quarter…
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30Apr0 comments
Cabot reaffirms 2021 guidance, expects volumes to be Q4 weighted
Cabot Oil & Gas reaffirmed 2021 production guidance as activity levels are expected to increase in the year’s second and…
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30Apr0 comments
FAR shareholders approve Senegal assets sale to Woodside
FAR Ltd. shareholders have approved the sale of the company’s assets offshore Senegal to Woodside Petroleum at the Apr. 28…
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29Apr0 comments
EIA: US crude inventories up 100,000 bbl
US crude oil inventories for the week ended Apr. 23, excluding the Strategic Petroleum Reserve, increased by 100,000 bbl from…
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28Apr0 comments
Santos gives TechnipFMC notice to proceed for Barossa contract
Santos Ltd. gave notice to proceed to TechnipFMC for a subsea production system contract for the Barossa project in the…
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28Apr0 comments
Equinor lets contract for Bacalhau project offshore Brazil
Equinor Brasil Energia Ltda has let a contract to Seadrill Management S PTE Ltd. for Bacalhau field work in the…
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27Apr0 comments
EnQuest signs deal for sole ownership of Bentley heavy-oil discovery
EnQuest PLC has agreed to purchase Whalsay Energy Holdings Ltd.’s 100% equity interest in the UK North Sea license P1078…
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27Apr0 comments
Mubadala Petroleum signs MoU for Delek’s Tamar gas field stake
Mubadala Petroleum, Abu Dhabi, has signed a non-binding Memorandum of Understanding (MoU) for Delek Drilling’s 22% non-operated stake in Tamar…
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23Apr0 comments
Providence Resources terminates Barryroe license farm-out
Providence Resources PLC terminated the Barryroe license farm-out agreement with SpotOn Energy and is pursuing alternative funding to finance the…
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23Apr0 comments
CGX Energy lets rig contract for drilling offshore Guyana
CGX Energy Inc., operator of the Corentyne block offshore Guyana, let a contract to Maersk Drilling Holdings Singapore Pte. Ltd….
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22Apr0 comments
EIA: US crude inventories up 600,000 bbl
US crude oil inventories for the week ended Apr. 16, excluding the Strategic Petroleum Reserve, increased by 600,000 bbl from…
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22Apr0 comments
Petronas awards Malaysian production sharing contract
Petronas awarded a production sharing contract (PSC) to Vestigo Petroleum Sdn. Bhd. for the South East Collins cluster under the…
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15Apr0 comments
EIA: US crude inventories down 5.9 million bbl
US crude oil inventories for the week ended Apr. 9, excluding the Strategic Petroleum Reserve, decreased by 5.9 million bbl…
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14Apr0 comments
Qatargas exercises North Field contract options
Qatargas Operating Co. Ltd. has let a contract to Saipem for additional scope of work within the North Field Production…
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14Apr0 comments
PDO lets maintenance, integrity contract for South Oman assets
Petroleum Development Oman LLC (PDO) has let a maintenance and integrity contract to WorleyParsons Ltd. to support oil and gas…
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14Apr0 comments
Equinor granted life extension for Heimdal offshore Norway
Equinor has been granted consent by the Petroleum Safety Authority Norway for life extensions for the Heimdal infrastructure, associated pipelines,…
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13Apr0 comments
Eni assumes full interest, operatorship of block offshore Vietnam
Eni SPA affiliate Eni Vietnam BV is sole owner and operator of Block 115/09 in the Song Hong basin offshore…
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13Apr0 comments
ADNOC lets contract for Abu Dhabi wellhead installations
ADNOC, through a contractor, has let a 4-year contract to Penspen for procurement and construction of flowlines and wellhead installations…
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08Apr0 comments
EIA: US crude inventories down 3.5 million bbl
US crude oil inventories for the week ended Apr. 2, excluding the Strategic Petroleum Reserve, decreased by 3.5 million bbl…
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06Apr0 comments
Malaysia, Brunei formalize agreement for maritime boundary fields
Malaysia, through its national oil company Petronas, formalized a unitization agreement with the government of Brunei Darussalam for Gumusut-Kakap and…