News

LUKOIL and the Basra Oil Company signed a Development Plan of West Qurna-2 field that provides for an oil production plateau of 800 thousand barrels per day. According to the Plan, the…
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Noble Energy, Inc. announced that it has finalized an agreement with EPIC Pipeline, LP to transport crude oil from the Company’s Delaware Basin acreage position to Corpus Christi,…
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SOCAR and BP signed a new production sharing agreement (PSA) for the joint exploration and development of Block D230 in the North Absheron basin in the Azerbaijan sector of the Caspian…
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Fieldwood Energy LLC announced the closing of its acquisition of all of Noble Energy deepwater oil and gas assets located in the Gulf of Mexico with an effective date of January 1,…
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Proserv has secured a contract worth over $5.5million (45million Norwegian Kroner) with Repsol to upgrade and build new subsea production control equipment for the Yme field…
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A 50:50 joint venture (JV) between Maersk Drilling and Maersk Supply Service will leverage the companies’ heritage of over 50 years of safe and efficient operations to provide…
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BP is set to quickly develop two new oil fields in the UK North Sea which are expected to produce 30,000 barrels gross of oil equivalent a day at peak production. Alligin and…
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TGS announces an expansion of its Atlantic Margin multi-client program in the Norwegian Sea. The new AM18 3D Extension, will comprise 5,135 km² of 3D seismic data and covers a variety…
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ConocoPhillips provided several updates on disposition activity and early life-cycle acreage acquisition activities. In the first quarter of 2018, the company closed or entered…
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Statoil has awarded drilling contracts to Archer, KCA Deutag and Odfjell Drilling for drilling, completion, intervention services, plugging, maintenance and modifications on 18 of…
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