Trident Energy has completed the acquisition of the Pampo and Enchova clusters offshore Brazil from the state-owned oil company Petrobras.
UK-based Deltic Energy, previously known as Cluff Natural Resources, has received and unequivocally rejected a takeover offer from the compatriot oil & gas investment firm Reabold Resources.
Australian oil and gas company FAR Limited said on Thursday it has received a “good level of interest” in the sale of its 15 per cent stake in the Sangomar oil and gas development offshore Senegal.
Offshore driller Odfjell Drilling has taken over platform drilling and maintenance operations at ConocoPhillips’ Ekofisk Area in the North Sea, offshore Norway.
Delfin LNG, the company behind the floating export development in the Gulf of Mexico, has won a one-year extension from the US FERC. FERC staff approved Delfin LNG’s request for extension to September 28, 2021, to complete construction of the project’s onshore facilities and put them in service. The
Australian energy giant Woodside saw its quarterly revenues drop despite record-high output in the second quarter of 2020 affected by low oil price environment.
OPEC, Russia, and other oil producers are set to meet on Wednesday to decide on the oil output policy from August onward.
A total commitment of at least $151 billion from G20 governments in support of fossil fuels has been made available in their energy recovery policies, data from the Energy Policy Tracker shows.
OKEA has signed a sales and purchase agreement with Equinor for the acquisition of Equinor’s 40 per cent operated working interest in two licences offshore Norway, which include the Aurora discovery.
Brazilian oil and gas company Petrobras has reached a production record on its operated Búzios field located in the Santos Basin pre-salt offshore Brazil.
The oil and gas industry has historically been a hard place for female workers. Now, with the oil and gas industry transitioning towards green energy, women workers could be the fresh workforce injection companies desperately need.
Brazilian oil and gas company Petrobras has managed to halve the costs of the post-salt well construction at its Golfinho field offshore Brazil.
The Nordic energy company Gasum is seeing mixed signals on the maritime market recovery.
Aker BP booked a higher profit in 2Q 2020 on the back of record-high production despite lower income impacted by low oil prices and the coronavirus pandemic.
