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NEWS |
Will 2019 Bring the Long-Awaited Consolidation Among U.S. Shale Producers?
The biggest North American oil and gas story of the new year is the story of oil and gas itself. Commodity prices, of course, always dictate industry actions, but the latter half of 2018 and the first (...)
NEWS |
Quantum computing comes to energy with ExxonMobil IBM partnership
ExxonMobil has become the first energy company to join IBM to work on using quantum computing in its energy and manufacturing technologies.
NEWS |
Drilling of Kekra-1 well in deep sea: Oil and gas field to be developed with Rs41 bn investment
The four exploration and production companies’ joint venture headed by Italian company ENI that has started spudding Kekra-1 well in Indus G Block in Pakistan’s deep sea, if meets the success, will ca (...)
NEWS |
Equinor Wins 29 Licenses in NCS, Finds Gas in Ragnfrid North
Equinor ASA recently won 29 licenses for exploration in mature regions of the Norwegian Continental Shelf (NCS).
NEWS |
ExxonMobil starts drilling of exploration well Haimara-1 in Guyana
ExxonMobil has started drilling the Haimara-1 exploration well located 31km east of the Pluma-1 discovery in the south-east Stabroek Block, offshore Guyana.
NEWS |
Adnoc among top 10 oil and gas firms worldwide, new ranking finds
State-owned Abu Dhabi National Oil Company is among the top 10 most influential companies and organisations in the energy sector, a new ranking from research and intelligence firm GlobalData found.
NEWS |
Watch: Inside one of the world’s largest oil platforms
Suncor Energy has shared footage of the inner workings of the giant ExxonMobile-operated structure.
NEWS |
Ghana's First Oil Exploration Licensing Round Attracts Global Majors
Sixteen oil and gas firms have submitted applications for one or more of five Ghanaian offshore blocks in the West African country's first exploration licensing round, its energy ministry said.
NEWS |
Mozambique's Area 4 partners secure buyers for Rovuma LNG project: ExxonMobil
Singapore — Oil major ExxonMobil says its project partners in Mozambique's Area 4 concession have secured LNG offtake commitments for the Rovuma LNG project, paving the way for a final investment deci (...)
NEWS |
BP launches $3B sale of U.S. assets to fund BHP deal
UK oil supermajor BP Plc has initiated the sale of U.S. oil and gas onshore assets that could raise more than $3 billion to help pay for other U.S. assets it bought in October from BHP, industry and b (...)
NEWS |
Ampelmann looks back on the highlights of 2018
Ampelmann, the global leader in offshore access services, is revisiting a year of growth, successes, and expansion into new territories.
NEWS |
ExxonMobil makes FID to develop West Barracouta gas project
ExxonMobil said that it has made a final investment decision to develop West Barracouta gas field in Bass Strait, to bring new gas supplies to the Australian domestic market.
NEWS |
New oil, gas projects to accelerate next year - report
The number of new oil and gas projects will rise five-fold next year from a 2015 trough but overall spending is still unlikely to be enough to meet future demand, consultancy Wood Mackenzie said in a (...)
NEWS |
Deals this week: Faroe Petroleum, Mubadala, Qatar Petroleum
Faroe Petroleum has signed an agreement with Equinor for the exchange of their oil and gas assets in the Norwegian Sea and the North Sea in the Norwegian Continental Shelf (NCS).
NEWS |
Shell to build new pipeline in boost for North Sea gas
Shell is to invest in a new pipeline as part of moves to increase gas production and reduce costs in the North Sea.
NEWS |
Eco Atlantic Oil & Gas to commence drilling offshore Guyana in 2019
Eco Atlantic Oil & Gas confirmed on Wednesday that it will drill its first Guyanese exploration well at the Jethro-Lobe offshore prospect as part of its 2019 programme.
NEWS |
ExxonMobil in 10th Guyana find
ExxonMobil has struck hydrocarbons in the Pluma-1 well in the Stabroek block offshore Guyana, the super-major announced on Monday.
NEWS |
New oil deals not likely before 2020 -Bynoe
Despite “significant interest” in Guyana’s remaining deep water oil blocks, the Department of Energy (DoE) has no immediate plans to grant any concessions until it completes an oil and gas model contr (...)
NEWS |
Imperial braves Canadian price slump with new $2.6-billion oilsands project
Imperial Oil Ltd. is going ahead with its $2.6 billion Aspen oilsands project even as Canadian heavy crude is selling at the lowest prices in at least a decade.
NEWS |
Turkey warns oil companies against drilling near Cyprus
The Turkish president, Recep Tayyip Erdoğan, has warned foreign oil companies against energy exploration near Cyprus, describing those defying Ankara as “bandits of the sea” who would face a similar r (...)
NEWS |
Oil price rise sees Shell make gain on North Sea asset sales
Rising oil prices pushed earnings at oil giant Royal Dutch Shell up from $4.1 billion to $5.6bn in the third quarter in addition to helping the business make a $115 million net gain on the sale of a b (...)
NEWS |
TechnipFMC in Liza Phase 2 award
TechnipFMC has been awarded a contract by ExxonMobil on the Liza Phase 2 development off the coast of Guyana. The award will cover the engineering of the subsea system for the proposed development.
NEWS |
Shell and Equinor reaffirm commitment to Tanzania LNG project
Shell and Equinor have confirmed their commitment to the $30bn Tanzania LNG project that will allow the African nation to export natural gas.
NEWS |
Able Clinches Decommissioning Contract
Billingham-based offshore engineering specialist Able UK has secured a contract for decommissioning work for several natural gas platforms currently operating in the North Atlantic.
NEWS |
Exxon prepares to drill off Cyprus
An ExxonMobil boss says the oil giant plans to drill offshore from Cyprus later this quarter, despite Turkey’s warnings that the rights of its Cypriot enclave cannot be ignored.
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