- FILTER YOUR SEARCH
Showing 1 to 100 of 312883 results.
NEXT
Regulator: Husky submits initial spill report
Company at work on plan to address separated flowline, Canadian regulator saysOnline upstreamonline.com 1 hours old
Saipem targeted by hack
Italian oil-services firm reports its servers were targetedOnline upstreamonline.com 1 hours old
Rice brothers challenge EQT leadership
Toby and Derek Rice in letter state company needs leadership with "proven operational experience"Online upstreamonline.com 4 hours old
Amlo launches Pemex refining strategy
Newly installed Mexican president pushes ahead with plans to increase downstream productionOnline upstreamonline.com 5 hours old
Canada opens bidding for acreage off Nova Scotia
CNSOPB says shallow-water blocks up for grabs near ‘significant discoveries’Online upstreamonline.com 6 hours old
Output deal 'to be signed in three months'
A deal to cut oil production by Opec and non-Opec countries will be signed in three months' time in Saudi Arabia, the United Arab Emirates' energy minister said on Monday. Cut of 1.2m bpd agreed in Vienna They will decide on extending the agreement after six months, Suhail al-Mazrouei said at an event in Abu Dhabi. On Friday, Opec and some non-Opec producers including heavyweight Russia saidOnline upstreamonline.com 7 hours old
Eni starts up Vandumbu off Angola
Italian major ties offshore project to West Hub N’Goma FPSOOnline upstreamonline.com 8 hours old
Hess aims for higher output with $2.9bn capex
US player to plough cash into Bakken, with spending also reserved for drilling on Stabroek off GuyanaOnline upstreamonline.com 9 hours old
ConocoPhillips eyes output hike with $6.1bn spend
US independent keeps capex the same as this year, with Lower 48 unconventionals to get around halfOnline upstreamonline.com 10 hours old
PGS waits on Bight approval
Australian regulator takes more time to assess environmental plan for seismic campaignOnline upstreamonline.com 12 hours old
North Africa Petroleum Exhibition and Conference:
Start: 10.03.2019End: 13.03.2019Venue: At the Oran Convention Center, Algeria Description: North Africa Petroleum Exhibition and Conference – NAPEC is the largest oil and gas exhibition & conference in Africa focusing on the north Africa Market. dedicated to the Upstream, Midstream and Downstream activities. NAPEC is the place to develop, grow and meet the oil & gas professionals coming from alEvents upstreamonline.com 12 hours old
Eni makes sizeable discovery off Angola
Italian player hits oil in the Afoxe exploration prospect located in Block 15/06Online upstreamonline.com 12 hours old
Brazil denies Total Foz do Amazonas permission
Brazil’s federal environmental agency Ibama has refused France’s Total permission to drill in the Foz do Amazonas basin, on an area that was licensed for exploration in 2013 and where Ibama granted permission for an extensive pre-funded 3D seismic shoot carried out in 2014. Total has spent almost three years trying to satisfy Ibama’s environmental impact assessment requirements for a planned drilOnline upstreamonline.com 12 hours old
Coro joins Petronas off Malaysia
AIM-listed player to conduct technical study over offshore Block 2A, eyeing ‘drillable prospects’Online upstreamonline.com 12 hours old
Shell sanctions Shearwater gas re-route scheme
Project is seventh final investment decision of 2018 for supermajor in UK North SeaOnline upstreamonline.com 12 hours old
Equinor in Bight drilling delay
Application lodged to push back frontier well until 2020/2021 drilling seasonOnline upstreamonline.com 12 hours old
Samsung confirms Jawa 1 FSRU deal
MOL awards other key contracts for landmark Indonesian projectOnline upstreamonline.com 13 hours old
Equinor shuts Mongstad after leak
Refinery staff evacuated after leak in LPG tankOnline upstreamonline.com 13 hours old
Tailwind hits first oil at Gannet E
UK North Sea-focused newcomer completes subsea tieback projectOnline upstreamonline.com 14 hours old
ONGC Videsh strikes oil at Colombia wildcat
Latest well on CPO-5 tract comes up with pay for Indian operator and partner AmerisurOnline upstreamonline.com 14 hours old
Chinese player takes stake in Adnoc concession
ZhenHua Oil subsidiary gets minority share in onshore concessionOnline upstreamonline.com 15 hours old
Eroton to spud OML 18 well
Rig in place as Nigerian operator prepares to start drillingOnline upstreamonline.com 15 hours old
Benchmarks head in opposite directions
Brent gains more ground but US crude eases in early tradeOnline upstreamonline.com 16 hours old
Duo get nod for Nour entry
BP and Mubadala get approval to farm-in to Eni operated concession off EgyptOnline upstreamonline.com 20 hours old
STAR calls for Sarawak oil minister
Political party claims state left in the dark over production figuresOnline upstreamonline.com 20 hours old
Mitsubishi exits Canning basin permits
Buru Energy and Rey Resources increase interests in two onshore Australian permitsOnline upstreamonline.com 20 hours old
QP picks up stake in Mozambique offshore blocks
State-run Qatari company makes maiden entry to southern African nationOnline upstreamonline.com 22 hours old
Azinor closes in on partner for UK campaign
Private equity-funded explorer signs letter of intent with prospective partner for 2019 drillingOnline upstreamonline.com 24 hours old
Oil settles up 2% after Opec deal
Gains were capped by concerns that the cuts would not offset growing productionOnline upstreamonline.com 07 Dec 21:59 GMT
US oil rigs drop by 10
Largest weekly decline in oil units since May 2016Online upstreamonline.com 07 Dec 18:55 GMT
Chinese businessman convicted of US bribery charges
Jury finds Chi Ping Patrick Ho guilty on seven counts that trial evidence said was related to work on behalf of CEFC ChinaOnline upstreamonline.com 07 Dec 18:32 GMT
USGS: Permian's Delaware resource 'largest ever assessed'
Sub-basin estimated to hold 46.3 billion barrels of oil, 281 trillion cubic feet of natural gasOnline upstreamonline.com 07 Dec 18:21 GMT
Cut of 1.2m bpd agreed in Vienna
Opec to contribute two-thirds of total production cut, with other key producers weighing inOnline upstreamonline.com 07 Dec 14:35 GMT
Oil surges 5% as Opec agrees output cut
Russia reportedly ready to chip in with 200,000 bpd output cutOnline upstreamonline.com 07 Dec 14:12 GMT
Akastor to enter First Geo, AGR merger
Norwegian oil services player to combine business with newly-created partnershipOnline upstreamonline.com 07 Dec 13:58 GMT
Oil edges up as Russia indicates larger cut
Benchmark Brent oil edged up on Friday after indications Russia would contribute a bigger output cut than previously suggested to an Opec and non-Opec deal, although prospects for an overall agreement still hung in the balance. Brent had nudged up 40 cents to $60.46 a barrel by 11:33am GMT after falling below $60 in early trade. US West Texas Intermediate (WTI) crude futures was steady, up a moOnline upstreamonline.com 07 Dec 12:53 GMT
Kenya pipeline boss held over loss of funds
Kenya has appointed an acting chief executive to the state pipeline company KPC after five of its senior executives, including the chief executive, were arrested in connection with the loss of funds at the firm, the latest move to crack down on corruption. Dozens of Kenyan government officials and business people have appeared in court since May on charges relating to the alleged theft of hundredOnline upstreamonline.com 07 Dec 12:45 GMT
US land rig numbers jump
Canada also saw increase in onshore units last month over October numbers, Baker Hughes report saysOnline upstreamonline.com 07 Dec 11:32 GMT
Iraq’s Ghadhban ‘optimistic’ on cut deal
Oil minister of Opec member hopes for agreement on production curbs to address ‘severe slide’ in oil pricesOnline upstreamonline.com 07 Dec 10:25 GMT
Verus completes Babbage deal
Private equity-funded oil company closes third UK transaction of the year as Spirit becomes operatorOnline upstreamonline.com 07 Dec 09:26 GMT
Equinor gets Troll 3 green light
Norwegian authorities grant approval for plan of development at North Sea field set to cost over $900 millionOnline upstreamonline.com 07 Dec 09:23 GMT
North Sea greenhouse gas emissions rise
Offshore platforms account for 3% of UK's total output, according to new industry reportOnline upstreamonline.com 07 Dec 08:32 GMT
Sound spuds in Morocco
UK player gets going at second of planned three exploration wells on Greater Tendrara permitOnline upstreamonline.com 07 Dec 08:01 GMT
Tower hires jack-up for Cameroon probe
Vantage Drilling International rig to spud well on the Thali licence next yearOnline upstreamonline.com 07 Dec 08:00 GMT
Ophir boosts Bualuang output
Development drilling lifts production at offshore Thai oilfieldOnline upstreamonline.com 07 Dec 07:35 GMT
Oil slips ahead of second Opec meeting
Producer cartel to meet again on Friday to discuss output cutsOnline upstreamonline.com 07 Dec 04:36 GMT
Kiewit wins Calcasieu Pass LNG contract
Deal covers engineering, procurement and construction services on US export projectOnline upstreamonline.com 07 Dec 02:55 GMT
Ophir flows gas off Indonesia
Development plan to be prepared for discovery near the producing Oyong fieldOnline upstreamonline.com 07 Dec 01:44 GMT
PPL strikes Pakistan gas duo
Discoveries will help reduce supply deficitOnline upstreamonline.com 07 Dec 00:52 GMT
US evaluating small Pacific seismic permit
Survey permit by Beta Operating would be the first off California in more than two decades, according to regulatorOnline upstreamonline.com 07 Dec 00:16 GMT
Prosecutors request detention for Tenaris CEO
Request follows chief executive Paolo Rocca's 27 November indictment in graft probeOnline upstreamonline.com 06 Dec 23:40 GMT
Chevron to boost spend in 2019
US supermajor to hike capital budget to $20 billion after announcing cuts last four yearsOnline upstreamonline.com 06 Dec 23:17 GMT
QP tenders for oilfields redevelopment project
Qatar Petroleum evaluating technical offers for pre-FEED contract as it plans to revamp ageing Bul Hanine and Maydan Mahzam fieldsWeekly upstreamonline.com 06 Dec 23:00 GMT
EastMed surveys on menu
IGI-Poseidon, a joint venture between Italy’s Edison and Athens-based Depa, is in the market for contractors to carry out detailed marine surveys along the 1400-kilometre route of the East Mediterranean pipeline that is set to bring gas from Israel’s Levantine basin to Greece, writes Iain Esau. The total value of the work is expected to run to about €24 million ($27.3 million), with two contractsWeekly upstreamonline.com 06 Dec 23:00 GMT
Going with the flow...
Fleet Admiral Bento Costa Lima has been named as Brazil’s next mines and energy minister Dwi Soetjipto has been appointed head of Indonesia’s upstream regulator SKK Migas Husky Energy has appointed Jeff Hart chief financial officer Scott McReaken has been named chief executive of Northern Drilling, succeeding Gunnar Winter Eliassen A K Tiwari has been appointed as chief financial officer of GaWeekly upstreamonline.com 06 Dec 23:00 GMT
PTT perks up for coffee shot
Thailand’s PTT plans to invest an estimated $1.3 billion over five years to build its Cafe Amazon coffee shop franchise into a global brand to rival the likes of Starbucks. “We aim to build the Cafe Amazon into a top 10 global brand over the next five years,” said PTT oil & retail chief executive Jiraporn Khaosawas. The Thai national outfit has its sights set on opening about 20,000 outlets worlWeekly upstreamonline.com 06 Dec 23:00 GMT
Change the name of the game at FOE
In a telling move, Norwegian rig contractor Fred Olsen Energy (FOE) is seeking to change its name at the same time as it is tottering on the brink of bankruptcy. FOE’s proposed refinancing plan has been blown out of the water after a planned sale of drillship Bolette Dolphin (pictured) collapsed when the potential buyer pulled out, and it is now battling to find an alternative solution in talks wWeekly upstreamonline.com 06 Dec 23:00 GMT
BP eyes artificial island
UK supermajor BP may build an artificial island off Azerbajian to aid its efforts to is explore its Shallow-Water Absheron Peninsula (SWAP) contract area, writes Kama Mustafayeva. “We are considering the construction of an artificial island in the area close to Garabatag island where the water depth is around three-to-five metres,” said a BP spokesman in Baku. A final decision has yet to be madeWeekly upstreamonline.com 06 Dec 23:00 GMT
Murphy targets King Cake
Murphy Oil is drilling ahead at its King Cake well in the Atwater Valley area of the US Gulf of Mexico, a key test in an area seeing renewed interest in deep-water exploration. The US player confirmed to Upstream it spudded the probe last month. The well is located in Atwater Valley Block 23. Work is being carried out by Transocean drillship Deepwater Asgard in 5381 feet of water, according to BuWeekly upstreamonline.com 06 Dec 23:00 GMT
Shell to link executive pay to emissions targets
Supermajor plans carbon footprint initiative after exiting Corrib scheme off IrelandWeekly upstreamonline.com 06 Dec 23:00 GMT
Gazprom revenue, profits up
Russian giant Gazprom posted improvements in its top and bottom lines in the third quarter and first nine months of 2018, due to higher international and domestic gas prices and increasing gas sales to Europe, writes Vladimir Afanasiev. Gazprom's revenues for the first nine months rose 27% to more than 5.9 trillion roubles ($90.8 billion), with the third-quarter figure standing at 1.93 trillion rWeekly upstreamonline.com 06 Dec 23:00 GMT
Cuadrilla plans talks to up fracking limits
Cuadrilla Resources is planning to engage with UK regulators and the wider industry over the upper limits set for seismic monitoring during hydraulic fracturing in northern England, according to a major shareholder, writes Anamaria Deduleasa. The shale gas explorer, with ongoing fracking operations in Lancashire, is said to be eyeing talks with authorities to “clearly demonstrate that a more appWeekly upstreamonline.com 06 Dec 23:00 GMT
ExxonMobil in solar deal
US supermajor ExxonMobil has confirmed that it will power some of its Texas oil and gas operations using wind and solar supplied by Orsted subsidiary Lincoln Clean Energy. A spokeswoman for the US supermajor told Upstream that it had signed 12-year power-purchase agreements with Lincoln for electricity generated by wind and solar farms. "We frequently evaluate opportunities to diversify our poweWeekly upstreamonline.com 06 Dec 23:00 GMT
Vaca Muerta agreement
Argentine state oil company YPF and Malaysia's Petronas are set to move into the full development phase at their Amarga Chica block in Argentina's Vaca Muerta shale play after agreeing a plan for joint investments of as much as $2.3 billion over the next four years. The partners aim to reach output of 60,000 barrels of oil equivalent per day by 2022 from the project in Nuequen province, YPF saidWeekly upstreamonline.com 06 Dec 23:00 GMT
Dea expands in Mexico as it swoops for Sierra
German operator acquires private equity player to net significant stake in huge Zama find plus other assetsWeekly upstreamonline.com 06 Dec 23:00 GMT
PNG in regulator rethink
Papua New Guinea’s government has revisited the prospect of establishing a new petroleum regulator as part of its plan to have a thriving industry for decades to come, writes Russell Searancke. Fabian Pok, the country’s Minister for Petroleum & Energy, said a bill to establish the Petroleum Resources Authority will be tabled in the next session of parliament next July. The new regulator will theWeekly upstreamonline.com 06 Dec 23:00 GMT
Alberta to cut its oil output by 325,000 bpd
Canadian province moves to address low prices by clearing glut created by production backlog due to shortage of pipeline capacityWeekly upstreamonline.com 06 Dec 23:00 GMT
South Africa to amend ban
South Africa’s government is set to amend a moratorium on application for oil and gas licenses. Minister of Mineral Resources, Gwede Mantashe, said the ban — which was put in place six months ago — will be amended to allow for the processing of applications currently in the system. The ban imposes a restriction on the granting of applications for technical co-operation permits, exploration rightWeekly upstreamonline.com 06 Dec 23:00 GMT
Costa Lima given energy role
Brazilian Fleet Admiral Bento Costa Lima has been appointed the country’s next mines and energy minister. The announcement, made by Brazilian President-elect Jair Bolsonaro via Twitter, increases to 20 its Cabinet of ministers. Costa Lima is a director general of nuclear development and technology at Nuclebras, a state-owned company in charge of designing and manufacturing heavy components relatWeekly upstreamonline.com 06 Dec 23:00 GMT
OneSubsea's Vigdis deal
Equinor has handed Schlumberger business OneSubsea a deal worth Nkr700 million ($82.4 million) to deliver a boosting station for the Vigdis field off Norway. OneSubsea will provide the multiphase boosting system, including subsea template and trawling protection, with engineering set to start this month followed by fabrication in Bergen. The deal is part of Equinor’s Nkr1.4 billion enhanced recoWeekly upstreamonline.com 06 Dec 23:00 GMT
Sonangol in Equinor talks
Equinor executives met Sonangol officials in Luanda this week to discuss its activities in Angola. During the meeting, Carlos Saturnino, chairman of Sonangol, invited Equinor to carry out exploration activities in blocks 6 and 1/14, pointing out the latter acreage holds undeveloped gas discoveries. Equinor will also provide technical and procurement assistance to Sonangol P&P, operator of BlockWeekly upstreamonline.com 06 Dec 23:00 GMT
Cheviot deal for Stena Spey
Stena Drilling’s warm-stacked veteran semi-submersible Stena Spey is set to go to work on a long-term contract with Alpha Petroleum off the UK. The 1983-built rig has been fixed on what is understood to be a 480-day charter for drilling on Alpha’s still-to-be-sanctioned Cheviot development project, with work due to start in March 2019, with extension options. The contract was confirmed in a newWeekly upstreamonline.com 06 Dec 23:00 GMT
Novatek to spud in Arctic
Russia's Novatek aims to spud an exploration well in the shallow-water part of its Geofizichesky block in the Arctic between July and September next year. Novatek’s wholly owned subsidiary, Arctic LNG 1, has issued tender documents covering the drilling operation for the R-65 probe, which will be spudded in Ob Bay near the Gydan Peninsula when the area is ice-free.Weekly upstreamonline.com 06 Dec 23:00 GMT
Duo sign up for Zhenis
Russia's Lukoil has signed joint operating and financing agreements with Astana-based KazMunaiGaz to explore and develop resources in the Zhenis block in Kazakhstan’s Caspian Sea waters. In the first exploration period, Lukoil aims to spend $60 million to gather seismic data and drill an exploration well on the 6800-square kilometre licence, while in the second phase it has committed to invest $Weekly upstreamonline.com 06 Dec 23:00 GMT
Denmark to Poland pipe plan
Polish pipeline operator Gaz-System and its Danish counterpart Energinet have signed an agreement to build a gas pipeline between the two countries. Gaz-System said the Baltic Pipe will transport Norwegian gas to Poland and other countries in the region and allow for reverse flows from Poland to Denmark and Sweden. The project comprises 900 kilometres of offshore and onshore gas pipelines, withWeekly upstreamonline.com 06 Dec 23:00 GMT
Talos starts Zama tests
Talos Energy has started its appraisal programme at the Zama discovery off Mexico. The US independent’s campaign has begun with the Zama-2 well being drilled by the semi-submersible Ensco 8503. The probe will be drilled north of the initial discovery well to look to confirm the oil-water contact. After reaching its main objective, Zama-2 will be deepened about 500 metres below the main target toWeekly upstreamonline.com 06 Dec 23:00 GMT
Garten opens for business
US operator Apache has started production from its Garten discovery in the UK North Sea. The well, which ties back to Apache’s Beryl facility, was placed on production in late November, less than eight months after being drilled in March 2018. It is currently producing at a rate of 13,700 barrels per day of oil and 15.7 million cubic feet of gas per day.Weekly upstreamonline.com 06 Dec 23:00 GMT
Output boost in Yamal
Russian state-controlled gas monopoly Gazprom has commissioned the third phase of its flagship Bovanenkovo gas development project on the Yamal Peninsula in West Siberia, writes Vladimir Afanasiev. This new phase could add production of up to 30 billion cubic metres of gas per year. The commissioning ceremony at the field was witnessed by President Vladimir Putin via a televised link from MoscowWeekly upstreamonline.com 06 Dec 23:00 GMT
Petrobras to raise spending over next five years
Upstream sector to lead capital expenditure with pre-salt deep-water developments getting lion’s share of new investmentWeekly upstreamonline.com 06 Dec 23:00 GMT
IOG pushes back UK schedule
Operator says time is not right to take a final investment decision for its southern North Sea gas hubs projectWeekly upstreamonline.com 06 Dec 23:00 GMT
Delay to Barryroe drill date
Irish independent Providence Resources has pushed drilling at its Barryroe oilfield off the coast of Ireland into the third quarter of next year after a legal challenge was launched against a well site survey permit, writes Eoin O’Cinneide. The Dublin-based player will now apply for another permit from the Ministry of Communications, Climate Action & Environment after Ireland’s National Trust, knWeekly upstreamonline.com 06 Dec 23:00 GMT
EnQuest looking to add Don North East volumes
Scale of future project at North Sea field will depend on results from single well at undeveloped fault blockWeekly upstreamonline.com 06 Dec 23:00 GMT
Sidetrack success boosts production at Anasuria Cluster
A new sidetrack well has boosted production for the two Malaysian joint venture partners running the Anasuria Cluster of fields in the UK central North Sea, writes Rob Watts. Hibiscus Petroleum said the GUA-P2-ST sidetrack on the Guillemot-A field, which was drilled over the summer, has this month achieved natural gross flow rates of 3697 barrels per day of oil. The ultimate recovery from this wWeekly upstreamonline.com 06 Dec 23:00 GMT
Galp to expand in Brazil
Player plans to invest up to $1 billion per yearWeekly upstreamonline.com 06 Dec 23:00 GMT
Hoegh ready to meet increasing Chinese demand for FSRU vessels
Hoegh LNG is close to winning charters for a pair of newbuild floating storage and regasification units as Chinese demand for liquefied natural gas propels strong tendering activity, writes Steve Marshall. The contractor has gained exclusivity on two FSRU projects and is in the final selection round for two others, with all scheduled for start-up in the 2020-2021 timeframe. It is also involveWeekly upstreamonline.com 06 Dec 23:00 GMT
EWC projects stall in Indonesia and Philippines
Sengkang construction slows as key agreements yet unsignedWeekly upstreamonline.com 06 Dec 23:00 GMT
Lebanon runs rule over hopefuls for FSRU units
Eight in contention to provide three vessels as country also prepares tender for gas pipeline infrastructureWeekly upstreamonline.com 06 Dec 23:00 GMT
New boss at SKK Migas
Dwi Soetjipto, former president director of Indonesia’s national oil and gas company Pertamina, has been appointed to head the nation’s upstream regulator SKK Migas. Dwi, like his predecessor as chairman Amien Sunaryadi, will serve a four-year term, taking his tenure through to late 2022. "As a minister, I expect that Dwi will continue what the previous chair had been working on and jack up theWeekly upstreamonline.com 06 Dec 23:00 GMT
Santos to drill two wells at Dorado find off WA next year
Australian operator Santos will drill two wells at the Dorado discovery off Western Australia in the first half of next year. It will use the jack-up Noble Tom Prosser for the two-well campaign, with the first probe expected to spud around April. Joint venture partner Carnarvon Petroleum said this week the wells would gather more information on the volume of oil, gas and condensate discovered inWeekly upstreamonline.com 06 Dec 23:00 GMT
Shell plans wildcatting campaign off Sarawak
Supermajor contracts survey vessel to identify potential well locations at Block SK 318 off East MalaysiaWeekly upstreamonline.com 06 Dec 23:00 GMT
Petronas signs up trader Vitol for LNG Canada supplies
Malaysia’s Petronas has agreed a deal for the long-term supply of liquefied natural gas to Switzerland-based trader Vitol that is mainly expected to come from the LNG Canada facility in British Columbia, writes Julia Martinez. Vitol said it had signed a binding heads of agreement with Petronas for a sale and purchase agreement that would see Petronas LNG supply Vitol with up to 800,000 tonnes perWeekly upstreamonline.com 06 Dec 23:00 GMT
Berwick soldiering on as boss of AAOG
After serving in the British Army and the French Foreign Legion, James Berwick's career path in the industry has taken him to the top job at Anglo African Oil & GasWeekly upstreamonline.com 06 Dec 23:00 GMT
Small Permian players face tide of consolidation
Independents carried out much of the exploration - but as basins move into development their presence is diminishingWeekly upstreamonline.com 06 Dec 23:00 GMT
Midstates to pause drilling
Oklahoma-based Midstates Petroleum is to step away from drilling rig operations in the first half of 2019, citing the present commodity price environment and efforts to optimise shareholder value for the US company. “We remain focused on maximizing shareholder value and being prudent financial stewards. Given the current macro-economic conditions and the fact that we have over 90% of our core acrWeekly upstreamonline.com 06 Dec 23:00 GMT
US majors to exit ACG field
US supermajors ExxonMobil and Chevron are looking to sell their stakes in the giant Azeri-Chirag-Gunashli (ACG) oilfield in Azerbaijan as well as a major associated pipeline linking the field with the Mediterranean, writes Kama Mustafayeva. ExxonMobil is hoping to raise up to $2 billion from the sale of its 6.8% stake in ACG, Reuters reported this week, while Chevron is selling its 9.57% stake, tWeekly upstreamonline.com 06 Dec 23:00 GMT
Takeover target Faroe in Equinor asset swap
UK independent hands over Njord field stake and gains interests in Alve, Marulk, Ringhorne East and ViljeWeekly upstreamonline.com 06 Dec 23:00 GMT
Oil event auction raises African wildlife funds
Industry players chip in to help animals at African Petroleum Club get-togetherWeekly upstreamonline.com 06 Dec 23:00 GMT
YPF driving down costs in Vaca Muerta
Unconventional output on the rise from major play in Argentina, but several key factors are preventing it from reaching full potentialWeekly upstreamonline.com 06 Dec 23:00 GMT
Plenty opportunities remain in Argentina's prolific formation
Argentina's Vaca Muerta formation is part of a well-known basin, with accumulated historical data and knowledge covering more than 60,000 square kilometres but with less than 20% of the acreage allocated, writes Gareth Chetwynd. Better described as a calcareous mudstone than a shale, the Vaca Muerta has variable characteristics, but it is already plain that the sweet spots are as prolific as almoWeekly upstreamonline.com 06 Dec 23:00 GMT
More acquisitions on Serica's radar
Serica Energy is on the look-out for more North Sea acquisitions and will now have greater financial flexibility following the completion of its North Sea deals that will give access to larger amounts of cash flow, writes Rob Watts. Chief executive Mitch Flegg said the last few acquisitions Serica has done — for BP’s interest in the Chevron-operated Erskine field and for interests in the Bruce, KWeekly upstreamonline.com 06 Dec 23:00 GMT
Showing 1 to 100 of 312883 results.
NEXT