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02Mar0 comments
Qatar awards North Field storage, loading EPC contract
Qatar Petroleum has awarded a lump-sum engineering, procurement, and construction contract to Samsung C&T Corp. for expansion of LNG storage…
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02Mar0 comments
Woodside to withdraw drilling team from Myanmar
Woodside Petroleum decided to withdraw its workers from its drilling program offshore Myanmar in response to suspected human rights violations…
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27Feb0 comments
Calima Energy, Blackspur Oil agree to merge
Calima Energy has agreed to acquire 100% of the issued share capital of Blackspur Oil, a privately held Canadian company…
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27Feb0 comments
PetroReconcavo unit to acquire Miranga cluster assets from Petrobras
SPE Miranga, a wholly owned subsidiary of PetroReconcavo, has agreed to purchase 100% stake in nine onshore exploration and production…
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26Feb0 comments
Hibiscus to acquire majority interest, operatorship of North Sea Eagle field
Hibiscus Petroleum Bhd. subsidiary Anasuria Hibuscus UK Ltd. (AHUK) agreed to acquire certain interests and operatorship of UKCS Block 21/19a…
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25Feb0 comments
EIA: US crude inventories up 1.3 million bbl
US crude oil inventories for the week ended Feb. 19, excluding the Strategic Petroleum Reserve, increased by 1.3 million bbl…
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25Feb0 comments
NEO Energy to acquire North Sea portfolio from ExxonMobil
NEO Energy has agreed to acquire a portfolio of non-operated North Sea oil and gas assets from ExxonMobil. Following completion,…
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24Feb0 comments
Tamaska buys into Carnarvon basin prospect
Tamaska Oil & Gas Ltd., Perth, has acquired a 20% interest in the Talisman Deeps project in production license WA-8-L…
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20Feb0 comments
Santos targets September FID for Moomba CCS project
Santos Ltd., Adelaide, is expecting a final investment decision for its proposed carbon capture and storage project at Moomba in…
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20Feb0 comments
Petrobras begins binding phase for Carmópolis cluster sale
Petróleo Brasileiro SA (Petrobras) has started the binding phase of the sale of its stakes in the Carmópolis cluster in…
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19Feb0 comments
EIA: US crude inventories down 7.3 million bbl
US crude oil inventories for the week ended Feb. 12, excluding the Strategic Petroleum Reserve, decreased by 7.3 million bbl…
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19Feb0 comments
Engie, Equinor sign MoU to investigate hydrogen development
Engie and Equinor signed a memorandum of understanding to investigate the development of joint low-carbon hydrogen activities in Belgium, the…
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18Feb0 comments
Petrobras lets seismic contract to Shearwater GeoServices
Petroleo Brasileiro SA (Petrobras) has let a contract to Shearwater GeoServices Holding AS deepwater ocean bottom node seismic acquisition for…
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16Feb0 comments
Possible strike could affect NCS fields
The outcome of mediation set to end at midnight Feb. 15 between the union SAFE and Norwegian Oil and Gas…
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12Feb0 comments
RimRock, XTO make North Dakota asset swap
RimRock Oil & Gas and Exxon Mobil Corp. subsidiary XTO Energy Inc. have exchanged some 5,500 net acres and associated…
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11Feb0 comments
Grayson Mill to acquire Bakken assets from Equinor
Grayson Mill Energy LLC, backed by EnCap Investments, acquired Bakken interests in North Dakota and Montana from Equinor ASA for…
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11Feb0 comments
EIA: US crude inventories down 6.6 million bbl
US crude oil inventories for the week ended Feb. 5, excluding the Strategic Petroleum Reserve, decreased by 6.6 million bbl…
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06Feb0 comments
EnQuest to acquire UK North Sea Golden Eagle assets from Suncor
EnQuest PLC has agreed to acquire Suncor Energy UK Ltd.’s entire 26.69% interest in the CNOOC-operated UK North Sea Golden…
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06Feb0 comments
Aker BP increases 2021 capital spend following record quarterly production
Aker BP plans total capital spend in 2021 of $2.2-2.3 billion, an increase from the 2020 capital spend of $1.73…
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03Feb0 comments
OP Energia signs on to acquire, operate Peroá cluster assets
OP Energia Ltda. and DBO Energia SA agreed to form a 50-50 consortium to acquire Espirito Santo basin Peroá cluster…