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  • 02
    Feb
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    CNOOC lets EPC contract for North Sea platforms

    CNOOC Petroleum Europe Ltd. let a 2-year contract to Worley for engineering, procurement, and construction services for its operated North…

    February 02, 2021 in Uncategorized | Read more »
  • 02
    Feb
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    BP to sell interest in Oman Block 61

    BP PLC agreed to sell a 20% participating interest in central Oman Block 61 to Thailand’s PTT Exploration and ‎‎Production…

    February 02, 2021 in Uncategorized | Read more »
  • 02
    Feb
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    Surge Energy acquires Midland basin assets for $420 million

    Surge Energy America, a subsidiary of Surge Energy US Holdings Co., Houston, agreed to acquire Midland basin leasehold interest and…

    February 02, 2021 in Uncategorized | Read more »
  • 30
    Jan
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    INEOS awards Petrofrac extended North Sea service contract

    INEOS FPS awarded Petrofac an enhanced 5-year North Sea contract for operations and maintenance support services.

    January 30, 2021 in Uncategorized | Read more »
  • 30
    Jan
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    Triangle Energy acquires Perth basin assets

    Triangle Energy has agreed to acquire a 50% interest in production license PL L7 from Key Petroleum Ltd. as well…

    January 30, 2021 in Uncategorized | Read more »
  • 29
    Jan
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    Equinor awards Northern Lights contracts

    Equinor ASA has let additional contracts for its Northern Lights project. An engineering, procurement, construction, and installation contract was awarded…

    January 29, 2021 in Uncategorized | Read more »
  • 28
    Jan
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    EIA: US crude inventories down 9.9 million bbl

    US crude oil inventories for the week ended Jan. 22, excluding the Strategic Petroleum Reserve, decreased by 9.9 million bbl…

    January 28, 2021 in Uncategorized | Read more »
  • 28
    Jan
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    Premier Oil completes Tuna farm out

    Premier Oil PLC completed farm down of its interest in the Tuna production sharing contract, offshore Indonesia, to ZN Asia…

    January 28, 2021 in Uncategorized | Read more »
  • 28
    Jan
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    Hess reports fourth quarter net loss of $97 million

    Hess Corp. reported a net loss of $97 million for fourth-quarter 2020, compared with a net loss of $222 million…

    January 28, 2021 in Uncategorized | Read more »
  • 28
    Jan
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    Mari Petroleum awarded four exploration blocks

    Mari Petroleum Co. Ltd. (MPCL) has been awarded four new exploration blocks in Pakistan by the Directorate General of Petroleum…

    January 28, 2021 in Uncategorized | Read more »
  • 27
    Jan
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    Global Petroleum ups offshore Namibia resource estimates

    Global Petroleum Ltd. updated estimates of prospective resources for PEL0094 (Block 2011A), offshore Namibia, following interpretation of 2D seismic data.

    January 27, 2021 in Uncategorized | Read more »
  • 27
    Jan
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    Enerplus to acquire Williston basin operator

    Enerplus Corp. has agreed to acquire all shares of Bruin E&P HoldCo LLC for total cash consideration of $465 million.

    January 27, 2021 in Uncategorized | Read more »
  • 27
    Jan
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    Eni awarded UK North Sea production license

    Eni unit Eni UK will become operator of northern North Sea production license P2511 with 100% interest following an application…

    January 27, 2021 in Uncategorized | Read more »
  • 27
    Jan
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    Ring Energy relocates headquarters to Houston area from Midland

    Ring Energy Inc. relocated its corporate headquarters to The Woodlands, Tex., in the greater Houston area, effective Jan. 19.

    January 27, 2021 in Uncategorized | Read more »
  • 26
    Jan
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    Hess allocates 80% of 2021 E&P budget to Guyana, Bakken

    Hess Corp. plans to allocate more than 80% its $1.9 billion 2021 exploration and production capital program to Guyana developments…

    January 26, 2021 in Uncategorized | Read more »
  • 26
    Jan
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    Beach Energy quits permits offshore South Island NZ

    Beach Energy Ltd., Adelaide, has abandoned all of its oil and gas exploration permits in the offshore Canterbury basin off…

    January 26, 2021 in Uncategorized | Read more »
  • 23
    Jan
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    Cabinda Gulf Oil lets gas connection contract for work offshore Angola

    Cabinda Gulf Oil Co. Ltd. has let a contract to Subsea 7 SA for the Sanha Lean Gas Connection project…

    January 23, 2021 in Uncategorized | Read more »
  • 23
    Jan
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    EIA: US crude inventories up 4.4 million bbl

    US crude oil inventories for the week ended Jan. 15, excluding the Strategic Petroleum Reserve, increased by 4.4 million bbl…

    January 23, 2021 in Uncategorized | Read more »
  • 23
    Jan
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    Turkmenistan, Azerbaijan sign MoU for Caspian Sea field

    Turkmenistan and Azerbaijan have signed a memorandum of understanding on joint exploration and development of Dostluk field in the Caspian…

    January 23, 2021 in Uncategorized | Read more »
  • 22
    Jan
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    Mubadala signs concession for Red Sea Block 4

    Mubadala Petroleum signed a concession agreement for oil and gas exploration in Egypt’s Red Sea Block 4.

    January 22, 2021 in Uncategorized | Read more »
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