London-listed oil company Ophir Energy has accepted Indonesia Medco Energy’s increased takeover bid. Ophir was also recently approached by Coro Energy over a potential takeover.
Latest offshore oil and gas lease sale in the U.S., held on Wednesday, attracted $244,299,344 in high bids for 227 tracts covering 1,261,133 acres in federal waters of the Gulf of Mexico. Oil giant Shell snapped up the biggest number of blocks, while Norway’s Equinor submitted the highest bid for a
London-based Ophir Energy on Wednesday said that Medco Energi Global has decided to increase the recommended all cash offer to acquire Ophir.
The UK Oil and Gas Authority (OGA) has been supporting the country’s ongoing transition to a low carbon energy mix.
Global Energy Group has formed a new engineering, procurement, and construction (EPC) contractor through the acquisition of the Apollo Offshore Engineering.
India’s imports of liquefied natural gas (LNG) continued its decline reporting lower figures in February.
Russian giant Gazprom said that the final weld that connects the offshore and the nearshore sections of TurkStream was completed, marking the finalization of the entire pipeline system in the Black Sea.
Offshore oil and gas exploration and production companies in the UK will need to spend £200bn in existing operations and new opportunities to add a generation of productive life to the UK North Sea basin, Oil & Gas UK said in a report on Wednesday.
Singapore-based Eastern Pacific Shipping has exercised an option connected with an order for 5 15,000-TEU boxships placed in November 2017, and requested another six vessels.
DEA has acquired a share in Zama, one of the largest shallow water discoveries in the past 20 years globally.
French offshore vessel provider Bourbon has sold one of its anchor handling tug supply (AHTS) vessels to Canada’s Horizon Maritime.
A Comoros-flagged general cargo vessel capsizes in Shahid Rajaei Port, Iran.
Høglund, the marine solutions and system integration expert, has been awarded a contract to deliver biogas-ready fuel-gas supply systems (FGSS) for six Hurtigruten passenger ship retrofits.
Iran has said that it has for the first time surpassed Qatar in gas extraction from the world’s largest gas field – the South Pars.
