The Mako gas field is located in the Duyung production sharing contract (PSC)...
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.
Gassco to deploy eVision solutions across North Sea assets
Norwegian state-owned natural gas pipeline operator Gassco has signed an agreement to deploy eVision's Permit Vision and Shift Vision software solutions across its North Sea assets.
Quarterly oil and gas industry contracts review – Q2 2018
The upstream sector accounted for a reported 60% of the total awarded contracts, with 528 contracts in Q2 2018.
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.
Aker secures more hook-up and commissioning work at Johan Sverdup
Norwegian oil services company Aker Solutions, in partnership with Kvaerner, has secured additional hook-up and commissioning work for Equinor's Johan Sverdrup offshore field in the North Sea.
Oil prices fall due to weak outlook for fuel demand
Oil prices have declined as the outlook for fuel demand weakened following trade tensions and troubled emerging markets, but there are hints of tighter supply going forward due to sanctions by the US against Iran.
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.
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