Turkey considers restructuring of state energy giants
Turkey is reportedly looking to restructure some of its major state-owned energy companies prior to possible public offerings or stake sales.
Exploration
Exxon board considers exiting major oil and gas projects
The assets being weighed for divestment include the $30bn Mozambique LNG project and Vietnam gas...
TechnipFMC forms carbon capture and storage alliance with Talos Energy
The alliance will work to accelerate the implementation of offshore CCS projects and reduce carbon...
Eni to terminate oil exploration plan in South Africa amid tech challenges
The move comes in the wake of delays in passing draft oil exploration and production...
European Commission looks to ban oil and gas exploration in Arctic
The commission and partners will work towards a multilateral legal obligation to ban further hydrocarbon...
Occidental to sell two Ghana offshore fields for $750m
The two fields together reported net production of 22,000 barrels of oil equivalent per day in the second quarter of 2021.
India’s sixth licensing round for 21 blocks attract three bidders
Out of the three bidders, two are state-owned entities.
Aker BP spuds North Sea prospect with Maersk jack-up rig
The spud follows Aker BP being granted a drilling permit for two wells in the North Sea, offshore Norway.
Colombia signs offshore exploration contracts with Occidental subsidiary
The four blocks, which would cost $1.4bn, are located off the La Guajira, Magdalena, and Atlantico provinces.
Brazil’s Vibra intends to acquire 50% interest in Comerc for $590m
As per the deal, which is yet to receive Brazil's competition authority approval, Comerc will relinquish its IPO plan.
ExxonMobil raises Stabroek resource estimate following new discovery
The updated Stabroek Block recoverable resource estimate is around ten billion barrels of oil equivalent.
