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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UK company Independent Oil & Gas lost £4.4 million after an unnamed backer decided to pull out on planned investments due to low international oil prices. The…
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Bluewater Energy Services has been awarded an engineering, procurement, construction and integration contract for a turret and mooring system, the Dutch engineering…
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Malaysian oil companies Hibiscus Petroleum and Ping Petroleum have agreed to purchase North Sea assets from Shell and ExxonMobil for a total of $105 million, a Shell…
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UK’s Arupa has joined a consortium of companies pushing the development of marginal fields by the oil and gas industry. Arupa will bring its self-installing and…
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BG Group booked a 63-percent rise in net profit for the second quarter of 2015, however this was mainly due to an assets selloff and masks a 38-percent decline in…
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Shell is selling its one-third stake in Japanese refining company Showa Shell Sekiyu in a deal worth around $1.4 billion, the company said in a statement on Thursday.…
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The Oil & Gas Year (TOGY) is partnering with the Iraq Britain Business Council (IBBC) for the production of the upcoming edition of The Oil & Gas Year Iraq.
Chaired…
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BP’s profits declined beyond analysts’ expectations for the second quarter of 2015. Depressed oil prices combined with several outside factors pushed the…
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The global hydrocarbons industry has delayed $200 billion of investment in 46 projects since oil and gas prices started to decline in June 2014, according to a report…
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The UK has awarded 41 licences to drill for hydrocarbons in the North Sea, the government announced on Monday. It will be the final group of licences awarded under the…
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