Waldorf Production and Shorelight Partners today announced the signing of a sale and purchase agreement for the acquisition of the entire share capital of Alpha Petroleum, an upstream oil and gas company focusing on the UK North Sea, by Waldorf…
RWE and Hellenic Petroleum Holdings have agreed to collaborate on the development, construction and operation of offshore wind farms off the Greek coast. Greece, which doesn't have any offshore wind farms installed at the moment, has set a 2…
Teekay Corporation has found a new home for its Sevan Hummingbird FPSO following its recent departure from the Chestnut field in the UK North Sea, after 13 years of production there for Centrica's Spirit Energy. The cylindrical FPSO has been…
Norwegian oil and gas company Aker BP has made a minor oil and gas discovery at the Overly prospect in the North Sea, offshore Norway.The wildcat well, formally known as well 2/8-19, was drilled about 10 kilometers north of the Valhall field…
Norwegian oil company Aker BP has drilled a dry well in the production licence 685, in the Norwegian section of the North Sea, according to the Norwegian Petroleum Directorate.The NPD said Thursday that Aker BP had concluded the drilling of wildcat well 35/4-3…
Malaysia's Petronas on Friday signed a Production Sharing Contract (PSC) with SK earthon and Petroleum Sarawak Exploration & Production Sdn. Bhd. (PSEP) for Block SK427 off the coast of Sarawak. SK earthon, a subsidiary of South Korea’s SK Innovation…
Australian gas producer Woodside Petroleum Ltd's agreed merger with BHP Group's petroleum arm is in the best interest of its shareholders, an independent expert said, valuing the combined group at around $40 billion.Global miner BHP agreed to…
Malaysia's Petronas has signed Production Sharing Contracts (PSCs) for five offshore exploration blocks, namely SB412, 2W, and X located off the coast of Sabah, and SK439/SK440 situated off the coast of Sarawak. Block SB412 in Sabah was signed between Petronas…
UAE-based oil and gas company Mubadala Petroleum has announced first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia.Mubadala Petroleum is the Operator of Block SK 320 containing the Pegaga field, with a 55 percent interest…
Bridge Petroleum has awarded Fraser Well Management (FWM) and Fraser Integrity Management (FIM) a contract to supply well and pipeline operator services for its Bardolino field in the UK North Sea.Bridge Petroleum has recently increased its…
Malaysian offshore services company Perdana Petroleum has secured contracts for three Anchor Handling Tug and Supply vessels with Petronas Carigali.Perdana Nautika will provide the three AHTS vessels with crews and equipment to perform 24-hour services for assisting and/or servicing drilling rigs…
Seven oil and gas companies have submitted bids for nine blocks offered during the Timor-Leste Second Licensing Round period 2019/2022'The Minister of Petroleum and Mineral, Mr. Victor da Conceição Soares officially opened the Bid Submission…
Borders & Southern Petroleum, a company with oil and gas exploration assets offshore the Falkand Islands, is looking to raise $1.8 million via a placement of shares. It will use the proceeds for general working capital purposes and for work on its Darwin offshore discovery in the Falklands…
Namibia aims to fast-track the development of its first oilfield to have production by 2026 following a significant offshore discovery by Shell, a senior energy official told Reuters on Monday.Shell on Friday said the exploration well off the…
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for the wildcat well well 35/4-3 in the North Sea, offshore Norway.Located in the production license 685, the well will be drilled using Odfjell Drilling’s Deepsea Nordkapp semi-submersible drilling rig…
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