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Latest Extraction Update
During a ceremony, Liebherr-MCCtec Rostock GmbH officially inaugurated...
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Trans Mountain Expansion Project gets green light from NEB
Canada’s NEB has recommended the approval of the Trans Mountain Expansion Project in its recently released Reconsideration Report
Shell sees gas as answer in Nigeria after decades of oil strife
After decades of difficulties in Nigeria over crude theft, pollution and oil-related corruption, Royal Dutch Shell still feels optimistic a fossil fuel can improve life in the country.
Opec To Rule Oil Markets Till Peak Demand
Opec will continue to play a key role in oil supply and prices in the global oil market through 2040, despite the relentless oil production in the Permian and expectations for...
Giant turret module for world’s largest floating facility sets sail for South Korea
The largest piece of the turret for Shell’s Prelude floating liquefied natural gas (FLNG) facility has set sail from Dubai for the Samsung Heavy Industries shipyard in Geoje, South Korea.
TOTAL sells stake in Shah Deniz field
TOTAL has sold its 10% stake in the Shah Deniz field and South Caucasus pipeline to the state-owned Turkish Petroleum (TPAO) for $1.5 billion.
Petrobras announces seventh Prorefam round
Petrobras president Maria das Graças Silva Foster and the director of exploration and production José Formigli have announced the start of the seventh round of the fleet renewal plan...
Keppel secures jack-up rig contract from Parden in Mexico
Keppel Offshore & Marine's subsidiary Keppel FELS has been awarded a $206-million contract by Parden Holding to build a jack-up rig for operations in offshore Mexico.
Cairn Energy, ConocoPhillips sign deal for Senegal exploration blocks
UK-based oil and gas explorer Cairn Energy has signed a farm-out agreement with US crude oil producer ConocoPhillips for the Rufisque, Sangomar and Sangomar Deep contiguous blocks...