With first production from Eni’s giant discovery likely to be less than a year away and other finds on the path to development, the country is taking the chance to revamp and streamline the bidding process
Shell is one major operator that holds a significant position in Egypt but has not yet been prominent in the upsurge in upstream investment plans that has followed Eni’s giant 2015 Zohr discovery, writes Mark Hillier.
A series of small earthquakes in Pennsylvania have been linked to a Hilcorp hydraulic fracturing operation and as a result state regulators are requiring changes to the company’s operations to prevent future tremors, writes Caroline Evans.
Encana wants to more than double liquids production by the end of 2017 to nearly 220,000 barrels per day with two new gas plants coming online amid a ramping up of activity in the Montney shale formation in Canada, writes Tonya Zelinsky.
Calgary-based Pembina Pipeline has signed a 20-year agreement to provide infrastructure for the potential future development of US supermajor Chevron’s assets in Western Canada’s Duvernay shale play, writes Tonya Zelinsky.
Oil and gas investor Black Stone Minerals has signed a farm-out deal with Canaan Resources Partners that will see Canaan take a stake in a tranche of natural gas wells in East Texas operated by ExxonMobil.