All articles by Divya Tirumalaraju
Qatar Petroleum to continue North Field expansion gas projects
Qatar Petroleum’s North Field expansion projects will be continued, said the state-owned company’s president and CEO and minister of state for energy affairs Saad Sherida Al-Kaabi.
Kosmos Energy to abandon Suriname offshore exploration well
Oil and gas exploration company Kosmos Energy has announced plans to abandon the Pontoenoe-1 exploration well in Block 42 offshore Suriname as it failed to find oil.
Maersk Drilling secures semi-sub contract from Eni
Maersk Drilling has signed a one-well contract for the semi-submersible rig Maersk Deliverer with Eni JDPA 11-106 for exploration drilling in the JPDA 11-106 contract area in the Timor Sea.
Faroe Petroleum secures well drilling permit offshore Norway
Faroe Petroleum Norge has secured a well drilling permit from the Norwegian Petroleum Directorate (NPD) to explore well 30/6-30 of its Rungne PL825 licence in the North Sea.
Gulf of Mexico oil and gas lease sale generates $178m in high bids
The US Department of Interior (DOI) has reported that Gulf of Mexico region-wide oil and gas Lease Sale 251 generated $178m in high bids for 144 tracts covering 801,288 acres in federal waters.
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Petronas to farm-in Total’s Rufisque Offshore Profond block
Malaysian oil and gas firm Petronas has signed a farm-in agreement through its PC Senegal division to acquire a 30% participating interest in the Rufisque Offshore Profond block from Total E&P Senegal.
Neptune Energy to buy certain UK Central North Sea assets from Apache
Neptune Energy Group has signed an agreement to acquire working interests in two development and exploration assets located in the UK Central North Sea from Apache North Sea.
India opens bidding for $14.46bn oil and gas reserves
The Government of India has opened the Discovered Small Field Policy (DSFC) bid round-II covering 25 discovered oil and gas reserves that are reportedly worth INR1tn ($14.46bn).
Scotland announces funds to support oil and gas decommissioning
The Government of Scotland has announced additional funding to enable oil and gas supply chain benefits for decommissioning of the North Sea infrastructure.
RockRose Energy buys Dana Petroleum’s stake in Arran field offshore UK
Oil and gas company RockRose Energy has entered into a sale and purchase agreement to acquire 20.43% stake in the Arran field offshore UK from Dana Petroleum, the operator of the field.