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22Jan0 comments
EnQuest operator of Bressay project with Equinor deal close
EnQuest PLC is now operator of Brassay oil field offshore UK following completion of a July 2020 deal with Equinor.
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21Jan0 comments
Shell Malaysia to shed upstream jobs
Shell Malaysia will shed about 2% of its workforce, including 250-300 jobs from its upstream business, as part of an…
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21Jan0 comments
Union Jack to acquire further 15% in Biscathorpe PEDL253
Union Jack Oil PLC agreed to acquire a further 15% economic interest in onshore UK license PEDL253 containing the Biscathorpe…
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21Jan0 comments
FAR signs agreement with Woodside for Senegal assets
FAR Ltd., Melbourne, has executed a sale and purchase agreement with Woodside Energy Ltd. for FAR’s 15% interest in the…
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20Jan0 comments
Spirit Energy contracts Wood for late-life Morecambe hub solutions
Spirit Energy has let a contract to Wood Group to partner on the delivery of late life solutions for UK’s…
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20Jan0 comments
TNOG acquires 45% interest in OML 17 in Nigeria
TNOG Oil and Gas Ltd. acquired 45% in Oil Mining Lease 17 and associated infrastructure in Eastern Niger Delta from…
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20Jan0 comments
Thirty firms awarded stakes in Norway’s APA 2020 bid round
Thirty companies have been awarded production licenses on the Norwegian continental shelf as part of Norway’s Awards in Predefined Areas…
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16Jan0 comments
Petrobras starts binding phase of North Capixaba cluster sale
Petrobras has started the binding phase of its sale of interests in a set of four onshore field concessions and…
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16Jan0 comments
Total withdraws from API
Total will not renew its membership to the American Petroleum Institute (API) for 2021.
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15Jan0 comments
BW Kudu farms into Kudu license, offshore Namibia
BW Kudu Ltd., a wholly owned subsidiary of BW Energy Ltd. and the National Petroleum Corporation of Namibia, signed a…
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15Jan0 comments
Equinor, YPF partner with Shell offshore Argentina
Equinor and YPF have entered into an agreement with Shell to jointly farm-down 30% non-operated interests in the CAN 100…
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14Jan0 comments
EIA: US crude inventories down 3.2 million bbl
US crude oil inventories for the week ended Jan. 8, excluding the Strategic Petroleum Reserve, decreased by 3.2 million bbl…
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14Jan0 comments
Uruguay to reprocess seismic in Punta del Este and Pelotas basins
Uruguay’s state oil company signed an agreement with PGS to reprocess over 11,000 km of existing 2D lines of various…
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12Jan0 comments
Zenith, Fleet seeking acquisitions in MENA region
Zenith Energy Ltd. has entered into a cooperation agreement with Fleet Oil & Gas SA, Dubai, UAE, a privately owned…
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12Jan0 comments
88 Energy acquires Umiat oil field in Alaska
88 Energy Ltd., Perth, has acquired Umiat oil field on the North Slope of Alaska from Malamute Energy Inc. and…
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09Jan0 comments
PGNiG granted regulatory approval for North Sea acquisitions
PGNiG Upstream Norway has received formal approvals from the Norwegian petroleum authority to acquire interests in licenses covering Equinor-operated Kvitebjørn…
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08Jan0 comments
Petronas assumes operatorship of E11 gas hub offshore Sarawak
Petronas Carigali Sdn Bhd (PCSB), a subsidiary of Malaysian state firm Petronas, has taken over operatorship of the E11 gas…
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08Jan0 comments
ENI pauses Australian asset sale
ENI has reportedly paused the sale of its Australian oil and gas assets due to the absence of acceptable bids.
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07Jan0 comments
EIA: US crude inventories down 8.0 million bbl
US crude oil inventories for the week ended Jan. 1, excluding the Strategic Petroleum Reserve, decreased by 8.0 million bbl…
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07Jan0 comments
Qatargas lets North Field South contract to McDermott
Qatargas has let a contract to McDermott International Ltd. to deliver front-end engineering and design (FEED) work for Qatar Petroleum’s…