The Nigerian National Petroleum Corp renewed Oil Mining Lease 118 [Bonga] with the local subsidiaries of Shell, Total, Exxon, and Eni for another 20 years, the West African country’s state oil firm said in a statement on Tuesday.The deal signals…
U.S. oil majors Exxon Mobil Corp and Chevron Corp on Thursday branded Australia's proposed industry-wide levy to cover the cost of decommissioning an offshore oil field, which neither has had any stake in, as 'arbitrary' and 'disappointing'…
Oil and gas companies Equinor and Aker BP have received drilling permits from the Norwegian Petroleum Directorate to drill wells in the Norwegian Sea and the Barents Sea, respectively.Under the NPD permit announced Friday, Aker BP will, using…
Japanese refiners will need at least three months to resume Iranian oil imports even if Tehran's nuclear talks with world powers lead to an agreement and a lifting of sanctions, the head of the Petroleum Association of Japan (PAJ) said on Thursday…
Norwegian offshore oil and gas well management firm Well Expertise said this week it had successfully used a mobile on-the-rig simulator for plug and abandonment well control training to decommission several North Sea wells and is now planning other well campaigns using the simulator…
Marine seismic contractor Shearwater Geoservices has awarded subsea support vessel operator DOF Subsea a vessel and an ROV contract for seismic support work in Brazil.DOF Subsea's Skandi Neptune vessel will support Shearwater's Ocean Bottom Node seismic campaigns on Petrobras' Jubarte…
Dyna-Mac, a Singapore-based firm building modules for offshore oil and gas facilities, has won a module fabrication deal with FPSO supplier BW Offshore.The contract, valued at S$197 million (around $148 million), is for the supply, fabrication…
Oil and gas giant Shell has struck a deal to sell its subsidiary Shell Philippines Exploration B.V. (SPEX) to Udenna Corp's subsidiary Malampaya Energy XP.SPEX holds a 45% operating interest in Service Contract 38 (SC38), which includes the producing Malampaya gas field…
Wintershall DEA Norge, the operator of the production licence 211 in the Norwegian sea has made a gas/condensate and oil discovery at a well located about 12 kilometers north of the Dvalin field, and 270 kilometers north of Kristiansund, Norway…
Oilfield services firm TechnipFMC has won a 'significant' engineering, procurement, construction, and installation contract from Ithaca Energy for the recently sanctioned Captain Enhanced Oil Recovery (EOR) Project in the UK North Sea. For TechnipFMC…
Wage talks involving thousands of Norwegian oil drilling workers broke down on Thursday, unions and employers said, raising the risk of a strike that could disrupt oil and gas exploration and efforts to boost output from existing fields.The…
Norwegian oil firm Equinor has awarded offshore drilling company Odfjell Drilling a contract for Deepsea Stavanger semi-submersible drilling rig, adding to the previously awarded deals for two other Odfjell Drilling rigs.The contract for the…
Romanian oil and gas firm OMV Petrom has completed the previously announced sale of Kazakhstan-based Kom-Munai LLP (KOM) and Tasbulat Oil Corporation LLP (TOC) to Magnetic Oil, so it can fully focus on its business in the Black Sea.KOM and TOC hold the production licenses for four onshore fields…
Delek Drilling said on Monday it has signed a non-binding deal to sell its stake in the east Mediterranean natural gas field Tamar to Abu Dhabi's Mubadala Petroleum for $1.1 billion.The deal, if finalized, would be among the most significant…
Israel's energy ministry has instructed Chevron to restart operations at the offshore Tamar natural gas platform, nine days after it was shut due to unrest in the region, the company said.Production at the Tamar platform, located some 25 kilometers (15…
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