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Oil&Gas Drilling
BP Plans to Explore for New Oil in Azeri Caspian Sea
BP (BP.L), plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told.Logo of British Petrol BP is seen at petrol…
Oil Field
East Baghdad Oil Field Reserves Rise to 15 Billion Barrels
Workers adjusting valves in an oil facility in Iraq.The East Baghdad field, one of the most important oil fields in Iraq, recently had a massive find that incre…
Oil Field
Petro-Victory, ATO to Acquire 13 Oil Fields in Brazil’s Prolific Potiguar Basin
Petro-Victory Energy has signed a sales & purchase agreement (SPA) in 50/50 partnership with Azevedo & Travassos Petroleo (ATO) for 13 oil fields located in the…
LNG
Pantheon Resources Hails Funding Partnership for Alaska LNG
loil and gas company focused on developing the Ahpun and Kodiak onshore oil fields in Alaska - Notes Monday's announcement from the Alaska Gasoline Developm…
Oil Field
Fresh Multimillion-Dollar Gigs Take Technipfmc to Petrobras’ Oil Fields in Brazilian Waters
UK-headquartered energy technology provider TechnipFMC has landed two new subsea assignments with Brazil’s state-owned energy giant Petrobras, allowing it…
Oil & Gas Trade
South Sudan’s Nile Petroleum Assumes Control Over Former Petronas Oil and Gas Assets
South Sudan’s state-run Nile Petroleum Corp. took over oil fields and assets that belonged to a subsidiary of the Malaysian oil company Petroliam Nasional…
Oil&Gas Drilling
FG Offers 17 New Oil Blocks for Bidding
The Federal Government, on Tuesday, announced the addition of 17 deep offshore oil blocks to the 2024 Licensing Round for oil fields in Nigeria.Recall that some…
Oil Field
Iran to Sign Contracts Worth $2 BN Over Developing Oil Fields
TEHRAN, Jun. 16 (MNA) – CEO of the National Iranian Oil Company (NIOC) Mohsen Khojasteh Mehr says that Iran is scheduled to sign over %2 billion worth of …
Oil Field
Perenco Plans to Revitalize Oil Fields Offshore Brazil Once It Takes Over Two Assets From Petrobras
Perenco Brazil, part of the Perenco Group, has unveiled a redevelopment plan for two oil assets in the Campos Basin off the coast of Brazil, which the firm will…
Oil Field
Enauta Acquires 23% Stake in Campos Basin Oil Fields for $150 Mln
Brazilian oil company Enauta said on Monday it acquired the entire 23% stake held by QatarEnergy Brasil Ltda in some oil fields in the Campos Basin for a total …
Oil & Gas Trade
Shell to Sell More Oil Assets in Nigeria
Shell Plc is reportedly set to resume talks to sell some of its Nigerian oil fields. The oil giant is said to be in negotiations with Eroton Exploration and Pro…
Oil Field
Iraq to Sign Investment Contract With Totalenergies for Flare Gas Recovery Project, Launches New Hydrocarbon Exploration Licensing Round
The project aims to recover 600 million cubic feet of gas currently being flared in oil fields located in Basra, IraqIraq’s Oil Minister, Hayan Abdul Ghan…
Natural Gas
Totalenergies and the Iraqi Government Make Plans to Move Forward With Gas Growth Integrated Project
While confirming all the terms of the Development & Production Contract signed in 2021, TotalEnergies and the Iraqi Government have, through exchanges in the pa…
Oil Field
Will the UK Greenlight Six New Oil and Gas Fields in North Sea?
The government is allegedly planning to give the go-ahead to six new oil fields in the North Sea.
Crude Oil
Ugandan Oil Export Project Gets Official Launch
Uganda's journey to become a fully fledged oil exporter has reached a key milestone with an official ceremony in Kampala to mark the final investment decision o…
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