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Energy Investment
Pakistan Invests $305 million to Explore for Oil in UAE’s Persian Gulf
The United Arab Emirates awarded an oil concession to companies from Pakistan for the first time.
Oil Exploration
ADNOC Partners with Pakistani Companies for the First Time
As part of Abu Dhabi’s second competitive block bid round, ADNOC has signed a historic exploration concession agreement, awarding the exploration rights for Ab…
Oil Exploration
Chinese Oil Major Sinopec Announces Oil, Gas Discovery
China’s state-owned oil and gas major Sinopec has struck oil and gas at a field in the northwestern province of Xinjiang, Reuters reports, adding that the rese…
Oil Field
POSCO International to Explore Gas Field in Malaysia
POSCO International will explore an offshore gas field in Malaysia to create a second success story following its jackpot in Myanmar.
Oil Exploration
Enersea Inks FEED Deal with Petrogas Offshore Netherlands
Enersea has secured a front-end engineering and design contract with Petrogas E&P Netherlands for the development of the A15 and B10 gas fields.
Crude Oil
Shell Could Resume Oil and Gas Exploration in Libya
North Africa’s second-largest oil producer is gradually increasing crude exports after a blockade last year cost it $11bn in lost fiscal revenue
Oil Field
Eni Cheers New Oil Find Offshore Mexico
Italian oil company Eni has made an oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10 in the mid-deep water of the Cuenca Sal…
Oil Field
Two New Deals Awarded for Qatar’s Giant Offshore Oilfield
NOC is a joint venture between Qatar Petroleum and TotalEnergies.
Crude Oil
Cambodia Stops Offshore Oil Extraction After KrisEnergy goes Bankrupt
Cambodian Prime Minister Samdech Techo Hun Sen said on Sunday that the kingdom's first-ever oil extraction had come to a full stop after Singapore-based oil and…
Energy Investment
Dhaka Seeks US-Investment in Off shore's Oil, Gas Exploration
Tawfiq-e-Elahi Chowdhury encouraged ExxonMobil officials to invest in Bangladesh during a meeting held with senior officials of ExxonMobil at the Bangladesh Emb…
Crude Oil
BW Working to Tie in Gabon Wells for First Oil Later This Year
Oil and gas company BW Energy has completed the final horizontal production well on the Dussafu Marin license in Gabon and is now working to tie in two wells fo…
Crude Oil
Exxon Makes Another Major Oil Discovery Offshore Guyana
ExxonMobil and its partner Hess Corporation have made another significant crude oil discovery offshore Guyana, the U.S. supermajor said on Wednesday.
Oil Field
South Sudan Readies for 2020 Oil Licensing Launch
The Minister will also announce a tender for an environmental audit for the country’s producing oilfields at the SSOP conference.
Oil Exploration
Turkish Company Applies to Explore for Oil in East Med - Official Gazette
Turkey's state-owned energy company TPAO has applied for a licence to explore for crude oil in the eastern Mediterranean.
Oil Exploration
Erdogan: Turkey will Continue Oil Exploration in Disputed Eastern Mediterranean
Turkey's president may be upping the ante against Greece, Cyprus and the European Union.
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