Senegal has delayed the launch of an oil and gas licensing round due on Wednesday until November 4 as contract documents still need to be finalized, oil minister Mahamadou Makhtar Cisse said.'We need to ensure the legal framework for investors…
U.S.-based Chevron Corp said on Friday it signed an agreement with a unit of Royal Dutch Shell to buy a 40% stake in three deepwater blocks in the Mexican Gulf that the Anglo-Dutch firm won in auctions under the nation's energy reform.The deal…
Oilfield services company Weatherford International announced it has secured a contract with Brazilian-based multinational corporation Petróleo Brasileiro S.A., more commonly known as Petrobras, to deliver 24 Optimax deep-set safety valves in the next four years…
Brazil's oil production in August reached 2.989 million barrels per day, up 18.5% over the same month a year ago, as monthly output hit a record high, oil regulator ANP said on Wednesday.Brazilian natural gas production in August rose 25.3% from a year ago to 133…
Royal Dutch Shell said on Wednesday that it had been informed by the U.S. Department of Justice that it had closed its inquiry into Shell over the 2011 $1.3 billion acquisition of a Nigerian offshore oilfield.Shell and Italy's Eni are both currently…
French-based geophysical services company CGG said it has delivered broadband 4D seismic results ahead of schedule from BP Angola’s latest monitor survey offshore Angola.The enhanced imaging volumes from the Greater Plutonio development in the…
Geosciences company Benthic announced it has secured an offshore geotechnical and geophysical contract from TechnipFMC for the Golfinho development, a deepwater discovery off the coast of Mozambique that will be developed as a subsea system…
Australia's oil exploration has picked up over the past year following the country's biggest find in more than two decades, and could drive a resurgence in production that has fallen to a near 50-year low.A successful hunt for liquids could eventually beef up fuel security in Australia…
Fourteen companies have been officially approved by Brazilian authorities to participate in an oil bidding round in November, in which total signing bonuses are expected to be the biggest so far, exceeding $25 billion, national oil regulator ANP said on Monday…
After a disappointing well-drilling venture offshore Namibia in the fourth quarter of 2018, Guernsey-registered hydrocarbons exploration and production company Chariot Oil & Gas has no immediate plans for additional exploration wells in this driest country in Sub-Saharan Africa…
China's national offshore producer CNOOC Ltd expects its major deepwater gas field Lingshui 17-2 in the South China Sea to start its first gas production at the end of 2021, a company executive said on Tuesday.Chinese state-run energy producers…
A video from Shell highlights how engineers involved in design and construction of the ultra-deepwater Appomattox development tackled complex challenges to meet the operator's ambitious goals for the project, including longer lifespan and greener operations…
Talos Energy announced it has entered into two separate agreements with BP and ExxonMobil related to new exploration opportunities in the U.S. Gulf of Mexico. The company said it will work with BP to drill and evaluate the Puma West prospect…
Subsea engineering company Oceaneering announced that it it was awarded contracts by Baker Hughes (BHGE) to supply subsea umbilical control systems for Oil and Natural Gas Corp. of India's (ONGC) deepwater field development in the Bay of Bengal…
The newbuild P-68 floating production, storage and offloading vessel (FPSO) has left the shipyard and will be deployed to the ultra-deepwater Berbigão and Sururu fields in Brazil’s Santos Basin, builder Sembcorp Marine announced.The vessel was…
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