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19 July 2019
Mubadala to farmout 20% interest in Andaman I and South Andaman blocks
Mubadala Petroleum has signed an agreement to farmout a 20% participating interest in each of the Andaman I and South Andaman gross split production sharing contracts (PSCs) to UK’s Premier...
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19 July 2019
Oil prices rise after US destroys Iranian drone in Strait of Hormuz
Oil prices have increased due to tensions in the Middle East after an Iranian drone was reportedly destroyed by the US Navy in the Strait of Hormuz.
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19 July 2019
US BOEM to hold Gulf of Mexico-wide lease sale in August
The Bureau of Ocean Energy Management (BOEM) is set to hold a Gulf of Mexico-wide lease sale, which is scheduled for 21 August this year, and would include all available...
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18 July 2019
Oil prices rise after Iran seizes foreign oil tanker smuggling fuel
Oil prices have increased about 1% after Iran seized a foreign oil tanker smuggling fuel in the Larak Island of the Persian Gulf.
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18 July 2019
United Oil to sell North Sea Crown Discovery to Anasuria Hibiscus
British independent oil and gas exploration and development start-up United Oil & Gas has signed non-binding Heads of Terms on an agreement to sell North Sea blocks 15/18d and 15/19b...
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18 July 2019
Man Energy Solutions wins contract for Chevron’s Jansz-Io field
Man Energy Solutions has secured a contract from Chevron Australia to support the front-end engineering and design (FEED) study of a subsea compression solution for the Jansz-Io field.
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17 July 2019
Equinor begins production at Trestakk field in Norwegian Sea
Energy company Equinor has started production at the Trestakk subsea field on Haltenbanken in the Norwegian Sea.
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17 July 2019
Inpex gets approval for revised plan for Abadi LNG project, Indonesia
Inpex Masela has received approval from Indonesian authorities for the revised plan of development (PoD) for the Abadi LNG project.
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17 July 2019
Oil prices recover lost ground, but US crude inventory falls
Oil prices have managed to recover some of the ground lost on Tuesday, despite industry data suggesting that the US crude inventories were less than expected.
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16 July 2019
Expro to deliver equipment for offshore Mauritania field
Expro has secured a $20m contract from Pacific Santa Ana to support Petronas's Chinguetti field phase II plug and abandonment (P&A) contract in offshore Mauritania.