Featured News

Eni and Sonangol have started oil production from the Ochigufu project, in Block 15/06 of Angola’s deep offshore. The field will add 25,000 barrels to the current production levels.…
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Statoil and Total have completed their previously announced transaction whereby Statoil has acquired Total’s equity stakes in, and taken over the operatorships of, the Martin Linge…
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Xodus Group has delivered a decommissioning and abandonment study for wells, surface and subsea facilities in Tunisia on behalf of Thyna Petroleum Services (TPS). Xodus developed…
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TechnipFMC announces that the engineering, procurement, fabrication and supply of umbilicals system for the Kaombo project has been completed. The multisite project utilised the…
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ExxonMobil outlined an aggressive growth strategy to more than double earnings and cash flow from operations by 2025 at today’s oil prices. “We’ve got the best portfolio of…
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Petrofac has been awarded a lump-sum Engineering, Procurement and Construction (EPC) contract by Bharat Petroleum Corporation Limited (BPCL) valued at approximately US$ 135 million.…
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Woodside and BHP have entered into an agreement in relation to the proposed development of the Scarborough gas field (“Scarborough Development”). Under the agreement: BHP waives…
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Subsea 7 announced the award of a substantial contract by BP Exploration for the provision of subsea inspection, repair and maintenance (IRM) services on both the Azeri-Chirag-Gunashli…
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Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources,…
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The Abu Dhabi National Oil Company (ADNOC) announced, today, its intention to move further downstream, as the company pivots to take full advantage of the rising demand for higher value…
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