Exxon and Hess to quit Guyana oil exploration block
US energy companies ExxonMobil and Hess have decided to exit the Kaieteur oil exploration block, offshore Guyana, reported Reuters. The decision…
29 Sep 2023
Woodside seismic blasting approval scrapped by Australia’s Federal Court
Approval for Woodside Energy’s plans to undertake seismic blasting in a whale habitat offshore Western Australia was thrown out of the country’s Federal Court on Thursday, ending a legal battle…
29 Sep 2023
Heyco Energy buys UK company Egdon Resources
Upstream energy company Heyco Energy Group, through its subsidiary Petrichor Partners, has closed the acquisition of Egdon Resources, a UK-based exploration and production company. The deal, which was announced in…
29 Sep 2023
AkademikerPension sells stake in Italy’s Eni
Danish pension fund AkademikerPension has closed the sale of its stake in Italian oil and gas major Eni. With the sale, AkademikerPension has divested a total of DKr3.7bn ($520m) worth…
29 Sep 2023
NG Energy announces commercial gas production plan for Colombian block
NG Energy International (NGE) has announced finalisation of the plan for Phase I commercial production from the Sinu-9 oil and gas block onshore Colombia. The Canadian oil and gas company,…
29 Sep 2023
Aramco agrees to acquire minority stake in MidOcean Energy for $500m
Aramco has signed a definitive agreement to purchase a minority stake in liquefied natural gas (LNG) company MidOcean Energy in a deal valued at $500m (SR1.8bn). The Middle East oil and gas…
28 Sep 2023
Azule Energy awards $300m contract to Malaysia’s Sapura Energy
Malaysian oil and gas services company Sapura Energy has secured a $300m (RM1.4bn) contract from Azule Energy Angola. The offshore transportation and installation services work is for Angola Northern Gas Complex (NGC)…