Malaysian energy giant Petronas has completed the farm-down of 50 per cent of its participating interest in its fully-owned Block 52 offshore Suriname to ExxonMobil.
Energean has agreed with Neptune Energy to terminate the agreement for Neptune Energy to acquire Edison E&P’s UK and Norwegian subsidiaries from Energean.
U.S. engineering and construction services company McDermott International has been awarded a sizeable contract from a Middle East customer to carry out front-end engineering and design (FEED) work for offshore riser platform topsides.
Aquaterra Energy, an offshore engineering solutions provider, has been awarded a front end engineering and design (FEED) contract by DeNovo Energy for a second Sea Swift platform to be located in the Zandolie field off Trinidad and Tobago.
Spanish oil company Repsol has received consent from the Norwegian offshore safety body, the Petroleum Safety Authority (PSA), to use the Maersk Inspirer jack-up rig on the Yme field offshore Norway.
French oil major Total has discontinued the acquisition of Occidental Petroleum’s assets in Ghana and, in doing so, preserved the company’s financial flexibility.
State-owned Qatar Petroleum (QP) has entered into an agreement to acquire stakes in Total’s two exploration blocks offshore the Ivory Coast.
The Impact Assessment Agency of Canada has issued a call for public comments on Gazoduq’s LNG feeder pipeline in Québec.
The Finnish technology group Wärtsilä and its compatriot Vantaa Energy have signed an agreement on a joint concept feasibility study for a power-to-gas facility.
Equinor has drilled a dry well near the Fram field in the North Sea offshore Norway.
The number of offshore rigs in the U.S. has dropped for the third week in a row and now stands at just 12 active units, according to a weekly rig count report by Baker Hughes.
In order to mitigate the effects of coronavirus crisis and low oil prices, oilfield services provider Petrofac is taking further action to reduce costs and preserve balance sheet.
Oil and gas company Wintershall Dea has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for production drilling on the Vega field using the West Mira drilling rig.
The Export-Import Bank of the United States said Thursday it has amended its previously approved loan for the Total-led $20 billion Mozambique liquefied natural gas export project. The bank approved a loan for up to $5 billion in September last year to support the export of U.S. goods and services r
