Julius D. Rone of UTM Offshore talks about shifts in energy security priorities and new opportunities for African energy…
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The US and Iran have reached an initial deal to halt the war and reopen the Strait of Hormuz, sending oil prices lower.
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APA has acquired Savant Alaska, adding 104,000 gross acres to its North Slope position, plus midstream, pipeline and field…
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Percy Mellar of DUG Technology talks about the appetite for imaging services in Africa’s mature and frontier basins.
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Alberto Figueiredo of OMITC Academy talks about the institution’s strategy to develop a long-term talent pipeline for the oil and gas sector.
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INEOS Energy has acquired a 21% stake in a portfolio of Shell upstream assets in the US Gulf to co-invest in exploration and development.
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Energean has acquired Chevron’s interest in blocks 14 and 14K offshore Angola for USD 260 million.
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The price of Brent crude fell to USD 27.67 per barrel, the lowest trading price in more than a decade, before recovering at 28.86 on Sunday.
The most recent crude…
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A total of 68 major upstream projects were delayed in 2015 due to the low price of oil, according a report published by energy consultancy Wood Mackenzie on…
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Sound Energy has bought a 25-percent stake in the Sidi Moktar project, the UK independent declared today.
The Sidi Moktar licence covers 2,700 km in the Essaouira…
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UK operator Premier Oil has awarded SBM Offshore the front-end engineering and design for Phase 1 of its Sea Lion project, the Dutch production vessel supplier…
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BP will slash around 4,000 upstream jobs globally, including 600 positions from its North Sea operations by the end of 2017, the super-major announced Tuesday.
The…
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Pantheon Resources has hit pay while testing its oil well in Texas’ Eagle Ford, but was unable to get production numbers due to a blockage, the UK company said in a…
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Azinor Catalyst has agreed to acquire a 100-percent stake in the North Sea from Norwegian oil and gas company Noreco and UK-headquartered Trap Oil, the UK-headquartered…
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Sweden’s Subsea 7 announced today it was awarded a platform extension and tie-in contract for the first phase of BP’s West Nile Delta development in the Taurus and…
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Airstrikes by the USA-led coalition on Islamic State (IS) oil targets in Iraq and Syria have eroded the militant group’s largest revenue source and hampered its…
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Eldar Maharramov, general director of Oil & Gas Proserv, speaks to TOGY about production issues in Azerbaijan’s oilfields and the techniques that can be used to…
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