Oil exploration company Premier Oil has been given approval by UK courts to...
Premier Oil steps closer to taking over North Sea reserves
Oil exploration company Premier Oil has been given approval by UK courts to take over oil and gas fields in the North Sea, if it can beat a creditor vote.
Total to acquire stakes in Angola offshore blocks from Sonangol
Total has signed an agreement with Angola’s state-owned company Sonangol to acquire interests in two blocks in the Kwanza Basin, offshore Angola.
SBM Offshore agrees to sell stake in FPSO Sepetiba project
Dutch floating production storage and offloading (FPSO) operator SBM Offshore has agreed to divest a 35.5% stake in the special purpose companies with respect to the FPSO Sepetiba project.
United Oil & Gas completes sale of North Sea blocks to Anasuria Hibiscus
British independent oil and gas exploration and development start-up United Oil & Gas (UOG) has completed the sale of North Sea blocks 15/18d and 15/19b to Anasuria Hibiscus UK.
Saudi Aramco shares jump 10% on debut of world’s biggest IPO
Saudi Arabian national petroleum and natural gas firm Saudi Aramco shares have surged 10% above their initial public offering (IPO) price upon its debut on the Saudi Stock Exchange (Tadawul).
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