Equinor gets drilling permit for two wells in Norwegian North Sea
Equinor Energy has secured approval from the Norwegian Petroleum Directorate (NPD) to drill wells 35/11-25 S and 35/11-25 A in…
09 Apr 2021
Ithaca sanctions EOR Stage 2 project at Captain field offshore UK
Ithaca Energy and Dana Petroleum have sanctioned the second phase of the enhanced oil recovery (EOR) project on the Captain field located in Block 13/22a in the UK Central North…
09 Apr 2021
Global crude oil prices rise as US dollar weakens
Global crude oil prices have edged up supported by a weakening of the US dollar even as rising output and weak demand outlook continue to concern investors. Brent crude futures…
08 Apr 2021
Santos considers stake sale in Dorado field offshore Australia
Energy firm Santos is reportedly planning to divest a stake in the Dorado field and the exploration portfolio in Bedout Basin offshore Australia. As part of the plan, the company…
07 Apr 2021
Eni makes oil discovery in Cuica exploration prospect offshore Angola
Italy’s Eni announced a new light oil discovery in Cuica exploration prospect in Block 15/06 offshore Angola. The oil has been discovered following the drilling of the Cuica-1 NFW well…
06 Apr 2021
Delek in talks to divest stake in Israeli offshore gas field for $1.1bn
Israel’s Delek Drilling is reportedly negotiating to divest its stake in Tamar gas field located in the Levantine basin of the Eastern Mediterranean Sea. According to financial news website Calcalist,…
05 Apr 2021
Petronas subsidiary declares force majeure on Yetagun field offshore Myanmar
PC Myanmar (PCML), a subsidiary of Malaysia's oil and gas company Petronas, has declared force majeure (FM) on its Yetagun gas and condensate field located offshore Myanmar. Covering an area…