Shell has announced a waterflooding project to boost volume capacity at the Vito field in the US Gulf of Mexico.
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Equinor has exited Suriname as it and ExxonMobil transferred stakes in Block 59 to Hess.
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Vår Energi has extended a long-term agreement to deliver natural gas to Eni by an additional 12 years.
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The USD 862-million merger between Norwegian geophysical companies TGS and PGS has been completed.
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Vår Energi has confirmed recoverable resources of up to 39 million boe at a well in Norway's North Sea.
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Norway’s Shearwater GeoServices will acquire Schlumberger subsidiary WesternGeco’s seismic acquisition assets and operations for USD 650 million, the Norwegian…
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Crude oil prices rose on Tuesday amid supply shortages, as Iran vowed to sell as much oil as it could.
West Texas Crude oil futures rose 0.84% to $74.47 a barrel as…
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Shell has agreed to sell its stakes in the Draugen and Gjøa assets offshore Norway for USD 556 million, the super-major announced on Wednesday.
In a separate…
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Equinor has awarded NOK 30 billion (USD 3.67 billion) worth of contracts to Baker Hughes, Halliburton and Schlumberger, the Norwegian major announced on Monday.
In a…
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Equinor has struck oil in the PL 167 licence in the North Sea, the Norwegian NOC announced on Friday.
Well 16/1-29 S, dubbed “Lille Prinsen,” encountered about…
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Kuwait Foreign Petroleum Exploration Company (KUFPEC) and Pakistan’s Oil & Gas Development Company (OGDCL) signed an upstream co-operation agreement on Monday,…
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Norway’s Ministry of Petroleum and Energy launched a new offshore bid round on Wednesday, expanding significantly the acreage offered previously under the Awards in…
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An OMV well has struck gas and condensates in two separate formations in offshore licence PL 644 B in the Norwegian Sea, partner Faroe Petroleum announced on…
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Statoil has awarded NOK 12 billion (USD 1.53 billion) in drilling contracts to Archer, KCA Deutag and Odfjell Drilling, the Norwegian major announced on Tuesday.
The…
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Statoil’s board of directors has proposed that the Norwegian major changes its name to Equinor to reflect a stronger focus on renewable energy and social justice, the…
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