The Norwegian Offshore Directorate (NOD) has drawn up guidelines explaining how to fulfil the requirements in Section 26 of the regulations relating to documentation in connection with storage of CO2 on the Norwegian continental shelf.The objective…
Chevron is looking to expand its acreage in West Africa, which is a strategic region for the U.S. oil major, a senior executive said on Monday after striking a deal to explore for oil in two offshore blocks in Guinea-Bissau.The blocks are in the Mauritania…
ABL has received an award of work order from Chevron Thailand Exploration and Production, Ltd., Chevron Offshore (Thailand) Ltd. and Chevron Pattani Limited to provide marine warranty survey (MWS) and third-party support services in connection…
LLOG Exploration Offshore is exploring a potential sale, which may value one of the largest privately held oil and gas producers in the U.S. Gulf at more than $3 billion including debt, people familiar with the matter said.The Covington, Louisiana…
Pakistan said it has awarded 23 offshore exploration blocks to four consortiums led by local energy companies, some partnered with foreign firms including Turkey's national oil company TPAO.In Pakistan's first such bidding round in nearly two decades…
OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has secured two sizeable engineering, procurement, and construction (EPC) contracts by PTT Exploration and Production Public Company Limited (PTTEP) for two deepwater projects offshore Malaysia…
Angola's national oil and gas agency, ANPG, will sign an exclusive negotiation agreement with oil major Shell to explore and develop Blocks 19, 34, 35 as well as ultra-deep water blocks, it said in a statement late on Thursday.The signing ceremony will take place on November 3…
Brazil's Petrobras has authorized studies for a logistics center in the Amazonian state of Amapa, where the state-run oil firm started exploring in a promising offshore block last week, state Governor Clecio Luis told Reuters.The company's logistics subsidiary Transpetro will do the studies…
BP is advancing appraisal planning for its Bumerangue offshore discovery in Brazil after laboratory analysis confirmed a large hydrocarbon column in the pre-salt Santos Basin, and CO2 levels in the reservoir that the company believes can be managed…
Russia’s Lukoil has accepted an offer from commodity trader Gunvor Group to buy Lukoil International, the wholly owned unit that holds the oil producer’s overseas assets, following the sanctions and restrictive measures introduced primarily by the United States…
Kuwait Oil Company (KOC) plans to spend 1.2 billion dinars ($3.92 billion) on its exploration drilling program through 2030, its senior executive told Reuters in an interview.The spending is part of a 9.8-billion-dinar budget - the company's…
Brazil's state-run oil firm Petrobras is in negotiations with SBM Offshore over two floating production vessels to be commissioned for its Sergipe deepwater projects, Petrobras head of Exploration and Production said on Wednesday.Petrobras hopes…
The European Court of Human Rights on Tuesday ruled in favour of Norway's government in a climate lawsuit brought by young activists who claimed the country's policy of Arctic oil exploration had put their future at risk.Norway is western Europe's largest oil and gas producer…
Offshore drilling contractor Valaris has secured a series of new contracts and extensions worth about $190 million in the North Sea and Middle East regions, lifting its total contract backlog to $4.5 billion.The latest awards include a mix of…
QatarEnergy has completed a farm-in transaction with Eni, acquiring a 40% participating interest in the North Rafah exploration block, offshore Egypt.The agreement, recently approved by the government of Egypt, grants QatarEnergy a 40% stake in the offshore concession…