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1-15 of 6149 results
Scotland outlines plans to boost presence in $62bn global subsea market
By EBR Staff Writer
Scotland's main economic development agency, Scottish Enterprise has unveiled a new action plan to strength its position in £50bn ($61.8bn) global subsea market.
Oil & Gas > Exploration & Development > News
OneSubsea bags EPC contract for Statoil’s Utgard development project
By EBR Staff Writer
Schlumberger company OneSubsea has bagged a contract from Statoil to supply subsea production system for Utgard gas and condensate discovery in the Norwegian North Sea.
Oil & Gas > Exploration & Development > News
Lundin secures drilling permit for Wellbore 7219/12-1 A in PL 533
The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for wellbore 7219/12-1 A, cf. Section 8 of the Resource Management Regulations.
Oil & Gas > Exploration & Development > News
ExxonMobil signs $6.6bn deal to double Permian Basin assets in US
By EBR Staff Writer
Exxon Mobil has agreed to acquire companies owned by the Bass family of Fort Worth, Texas, US for $5.6bn in stock and up to $1bn in additional payments, in a bid to boost its onshore oil production in the Permian Basin.
Oil & Gas > Exploration & Development > News
Norway awards 56 offshore oil and gas exploration licenses
By EBR Staff Writer
The Norwegian Ministry of Petroleum and Energy has awarded 56 oil and gas exploration licenses in mature areas on the Norwegian continental shelf in a bid to boost its oil and gas industry.
Oil & Gas > Exploration & Development > News
INPEX, ADNOC to extend joint development of Abu Dhabi offshore oil fields
By EBR Staff Writer
INPEX has come to an agreement with its partner Abu Dhabi National Oil Company (ADNOC) to extend the duration of their joint development of the Umm Al Dalkh and Satah oil fields up to 31 December 2042.
Oil & Gas > Exploration & Development > News
Africa Oil makes oil discovery on Erut Prospect in Kenya
Africa Oil announced that the Erut-1 well in Block 13T, Northern Kenya, has discovered a gross oil interval of 55m with 25m of net oil pay at a depth of 700m.
Oil & Gas > Exploration & Development > News
Noble Energy signs deal to acquire Clayton Williams Energy for $2.7bn
By EBR Staff Writer
Oil producer Noble Energy has signed an agreement to acquire Clayton Williams Energy for about $2.7bn in a cash and stock deal in a bid to boost its presence in the Permian Basin.
Oil & Gas > Exploration & Development > News
Statoil, Eni discover oil and gas in Norway’s offshore
Eni announces a new oil and gas discovery in the licenses PL128/128D in the Norwegian Sea. Statoil is operator with 63.95% together with Petoro, which controls 24.55%, and Eni, which controls 11.5%.
Oil & Gas > Exploration & Development > News
Hurricane Energy spuds Halifax 205/23-A well in West of Shetland
Hurricane Energy, the UK based oil and gas company, announced the spudding of well 205/23-A (Halifax Well) in the Rona Ridge Area in the West of Shetland region of the North Sea.
Oil & Gas > Exploration & Development > News
Anadarko to sell Eagleford shale assets in South Texas for $2.3bn
By EBR Staff Writer
Oil and gas producer Anadarko Petroleum has signed an agreement to sell its Eagleford Shale assets in South Texas, US to a strategic 50/50 partnership formed by Sanchez Energy and asset manager Blackstone Group for about $2.3bn.
Oil & Gas > Exploration & Development > News
Inpex awards subsea inspection contract to Fugro in Australia
Fugro has been awarded a contract from INPEX Operations Australia Pto provide subsea services for the Ichthys facilities in the Timor Sea, located approximately 220km from the coast of Western Australia.
Oil & Gas > Exploration & Development > News
NNP ccollaborate with Schlumberger on frontier exploration
Nigerian National Petroleum Corporation (NNPC) has stepped up collaboration with the multinational oil service company, Schlumberger, in the deployment of state-of-the-art technology in the ongoing search for commercial hydrocarbon deposits in the Chad basin and other parts of the inland sedimentary basins.
Oil & Gas > Exploration & Development > News
WPX Energy to acquire Delaware basin assets in US for $775m
By EBR Staff Writer
WPX Energy has agreed to acquire oil and gas assets in the Delaware basin from Panther Energy Company II and Carrier Energy Partners for $775m to a bid to boost its position in the oil-rich Permian region.
Oil & Gas > Exploration & Development > News
Argentina reaches deal to bring investments for Vaca Muerta shale formation
The Government of Argentina announced that it has reached a deal with labor unions and energy firms in a bid to attract investments to develop the Vaca Muerta shale gas and oil formation in Patagonia.
Oil & Gas > Exploration & Development > News
1-15 of 6149 results