Jack-up drilling rig contractor Shelf Drilling has been slapped with another early rig contract termination, its third in the past month.Shelf Drilling on Monday said that it had entered into a mutual agreement with the client 'to amend the…
China National Offshore Oil Corp (CNOOC) has signed an agreement with newly launched PipeChina on transferring management rights for oil and gas infrastructure projects, the company said in a statement on Wednesday.The statement did not give details on what projects have been handed over…
Guyana and Namibia focused oil and gas company Eco Atlantic has said that its board and management have agreed to voluntary pay cuts of up to 40 percent, in the wake of the situation with the coronavirus and the low oil prices.The company has…
Equinor will leave industry lobby group the Independent Petroleum Association of America (IPAA) over a disagreement about climate policy, the energy producer said on Friday.The Norwegian company is undertaking a review of its memberships of…
Norwegian offshore drilling company Dolphin Drilling has signed a drilling contract for one of its rigs with Wellesley Petroleum.According to a statement released by the Dolphin Drilling CEO Bjørnar Iversen, the contract is for one firm well on the Norwegian Continental Shelf…
BP signed an agreement with Angola aimed at acquiring oil further exploration rights, state news agency Angop reported, the latest in a flurry of agreements between oil majors and Africa's second-biggest exporter.The deal with the country's…
Listed independent oil and gas exploration and production company PetroNor E&P has said its subsidiary, African Petroleum Senegal Ltd, will continue on the path of seeking a resolution to the outstanding dispute over block Senegal Offshore Sud…
Qatar Petroleum has assumed operatorship of the Idd el-Shargi North Dome and South Dome offshore oilfields, the company said in a statement.Development and production sharing agreements with Occidental Petroleum of Qatar Ltd. for both oilfields expired on Oct…
The Ireland and UK focused oil and gas exploration, development and production company Europa Oil & Gas Plc said it has landed a high impact new venture offshore Morocco, boosting the country’s drive to launch viable upstream projects that would…
Qatar Petroleum has entered into an agreement with Total for a share of exploration and production rights in two blocks offshore Guyana in Latin America.Under the agreement, which is subject to customary regulatory approvals by the government of Guyana…
BP has signed an agreement with Gambia's national oil company to jointly operate the disputed deepwater Block A1 License offshore the West African country.In April, Gambia said it awarded BP the A1 block, one of two that the government had taken…
Eni, Total and Qatar Petroleum have signed an agreement that will see the Qatari national oil company acquire stakes in three deepwater exploration blocks in the Lamu basin offshore Kenya.The L11A, L11B and L12 blocks are situated in what is…
Oil and as firm Vaalco Energy has paid a US$4.5 million settlement fee to Angola National Agency of Petroleum, Gas, and Biofuels (ANPG), for offshore block termination.The Houston-based independent energy company said that the settlement finalized the termination of Vaalco’s rights…
Canadian oil and gas exploration company Eco Atlantic Oil & Gas Ltd said it has started drilling operations for the first well in the Jethro-Lobe prospect on the Orinduik block, offshore Guyana.The well was spud on Thursday (July 04) using the Stena Forth drillship…
Independent upstream oil and gas company KrisEnergy announced the commencement of a 1,200-square-kilometer 3D seismic survey in the offshore Cambodia Block A concession, where the company is developing the Apsara oil field.Shearwater Geoservices'…
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