The Oil and Gas Authority has issued findings from its latest ‘Tier Zero’ meeting with managing directors of the 22 largest oil and gas producers on the UK continental shelf.
Egypt’s Ministry of Petroleum and Mineral Resources is offering 10 exploration blocks in the Red Sea close to established hydrocarbon production.
Oryx Petroleum has reduced preparatory drilling costs on the AGC Central License Area offshore northwest Africa by deferring some of the planned outlay to 2020.
Petrobras’ strict focus on capital discipline and portfolio rationalization in recent years has improved its financial condition, and this should continue into the next decade, according to a report by IHS Markit.
Total has reached an accord with Occidental to acquire Anadarko’s E&P interests in Africa for $8.8 billion, if Occidental succeeds in its bid for Anadarko.
The Lebanese Council of Ministers has offered five offshore blocks for tender under Lebanon’s second offshore licensing round.
Eni has signed an exploration and production sharing agreement with the National Oil and Gas Authority of the Kingdom of Bahrain for the country’s offshore block 1.
Shell U.K. has exercised an option agreement to farm into 50% of UK southern North Sea license P2437, containing the potential 291-bcf Selene gas prospect.
Operations are returning to normal at the Snorre B platform in the Norwegian North Sea, following a smoke alert yesterday afternoon.
The Danish Energy Agency has approved Norwegian Energy Co.’s acquisition of Shell’s Danish upstream assets.
Abu Dhabi National Oil Co. has issued details of five blocks offered under Abu Dhabi’s second licensing bid round.
FAR and partner Petronas will take a decision later this month on whether to enter the next license phase for blocks A2 and A5 offshore The Gambia.
DNO has concluded an offshore asset swap agreement with Equinor Energy in the Norwegian sector, following approval by the authorities.
LLOG Exploration Offshore L.L.C. and Repsol E&P USA Inc. have signed an asset exchange and joint participation agreement in the deepwater Gulf of Mexico.
Delek Energy has confirmed that its subsidiary Ithaca Energy has submitted a bid in relation to Chevron’s sales process for its UK North Sea interests.
BP and its partners have submitted an environment plan to the National Offshore Petroleum Safety and Environmental Management Authority for the Ironbark-1 well site survey.
Interior Secretary David Bernhardt told the Wall Street Journal the Trump administration’s development of a new five-year offshore oil and gas leasing program has been delayed indefinitely.
Petrobras has entered into a sale and purchase agreement with Petronas PetrÃ³leo Brasil Ltda. for 50% working interest in the Tartaruga Verde field and Module III of the Espadarte field in the deepwater Campos basin. The value of the transaction is about $1.3 billion.
Wood Mackenzie predicts that up to $14 billion worth of upstream assets could be traded this year across Southeast Asia.
The Oil and Gas Authority has outlined its priorities for the UK continental shelf between 2019 and 2024.
ExxonMobil has signed an agreement with the government of Namibia and the National Petroleum Corp. of Namibia (NAMCOR) for blocks 1710 and 1810, and farm-in agreements with NAMCOR for blocks 1711 and 1811A.
CNOOC China Ltd. has signed a petroleum contract with PetroChina Co. for two blocks in the South China Sea.
Murphy Exploration & Production Co. – USA has entered into a definitive agreement to acquire deepwater Gulf of Mexico assets from LLOG Exploration Offshore, L.L.C. and LLOG Bluewater Holdings, L.L.C. for $1.625 billion.
Eni has signed an exploration and production sharing agreement covering block A offshore Ras Al Khaimah, as well as the relevant joint operating agreement.