ExxonMobil increases frontier acreage offshore Namibia

April 24, 2019

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.

Chinese groups to explore two Beibu Gulf blocks

April 24, 2019

CNOOC China Ltd. has signed a petroleum contract with PetroChina Co. for two blocks in the South China Sea.


Murphy to acquire LLOG’s deepwater Gulf of Mexico assets

April 23, 2019

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 expands presence offshore UAE

April 19, 2019

Eni has signed an exploration and production sharing agreement covering block A offshore Ras Al Khaimah, as well as the relevant joint operating agreement.


Chrysaor to buy ConocoPhillips entire UK North Sea portfolio

April 18, 2019

Chrysaor Holdings Ltd. has struck a deal to acquire ConocoPhillips UK North Sea oil and gas business for $2.675 billion.

Tullow-led trio awarded blocks offshore southern Argentina

April 18, 2019

Wintershall won shares in two blocks in the Malvinas basin under Argentinas Costa Afuera licensing round.


Extension granted for gas-prospective permit offshore New Zealand

April 18, 2019

New Zealands Energy and Resources Minister has agreed to extend work obligations for the Clipper offshore permit by three years.

Equinor awarded five blocks as operator offshore Argentina

April 17, 2019

Equinor gained interests in seven offshore exploration blocks under Argentinas 1st Offshore Licensing Round.


ExxonMobil, Qatar Petroleum net blocks in Argentina bid round

April 16, 2019

ExxonMobil Argentina Offshore Investments B.V. and an affiliate of Qatar Petroleum won three exploration blocks during Argentina’s first offshore bid round.

ConocoPhillips sells stake in Greater Sunrise fields

April 16, 2019

ConocoPhillips has sold its 30% interest in the Greater Sunrise fields to the government of Timor-Leste for $350 million plus customary adjustments.


CNOOC signs PSC with Smart Oil

April 12, 2019

China National Offshore Oil Corp. has signed a production-sharing contract with Smart Oil Investment Ltd. for block 09/17 in Bohai Bay.

Shell divests stake in Caesar-Tonga

April 11, 2019

Shell has signed an agreement to sell its 22.45% non-operated interest in the Caesar-Tonga asset in the deepwater US Gulf of Mexico to Delek CT Investment LLC for $965 million in cash.


Lukoil firms up offshore Kazakhstan E&P joint venture

April 04, 2019

Lukoil has concluded a contract with Kazakhstan’s Ministry of Energy and JSC NC KazMunayGas for exploration and development of the Zhenis block in the Caspian Sea.

Repsol, ExxonMobil sign exploration contracts offshore Colombia

April 04, 2019

Colombia’s Agencia Nacional de Hidrocarburos says Repsol, ExxonMobil, and state-owned Ecopetrol have signed exploration contracts for the GUA OFF-1 and COL-4 blocks in the Caribbean Sea.


Chariot pursuing potential gas project offshore Morocco

April 03, 2019

Morocco’s government has awarded Chariot Oil & Gas a 75% operated interest in the Lixus offshore license.

Judge scraps Trump order opening offshore Arctic, Atlantic areas to leasing

April 02, 2019

A federal judge in Alaska has overturned US President Donald Trump’s attempt to open vast areas of the Arctic and Atlantic oceans to oil and gas leasing, according to Reuters.


Otto farming into Gulf of Mexico block

April 01, 2019

Otto Energy has entered into a joint venture with Talos Energy for the Green Canyon block 21 in the Gulf of Mexico.

Mime set to join North Sea Balder area extension program

April 01, 2019

VÃ¥r Energi has agreed to farm out stakes in six Norwegian North Sea production licenses to Oslo-based Mime Petroleum.


Impact joins Total in deepwater Namibia block

April 01, 2019

Impact Oil and Gas has agreed to farm into 18.89% of the Total-operated block 2912 offshore Namibia.

Parkmead awarded gas-prone North Sea license

April 01, 2019

Parkmead has secured a new license in the UK southern North Sea covering blocks 47/10d and 48/6d.


OKEA expands Draugen area exploration position

March 28, 2019

OKEA has acquired Norske Shell’s 50% operating interest in production license 958 on the Trøndelag Platform.

Noble confirmed as operator of two offshore Colombia licenses

March 27, 2019

Noble Energy has secured approval from Colombia’s Agencia Nacional de Hidrocarburos to acquire a 40% interest from Shell in the COL-3 and GUA OFF-3 exploration concessions in the Caribbean Sea.


ONGC orders four platforms for Cluster-8 project offshore India

March 26, 2019

ONGC has awarded L&T Hydrocarbon Engineering a lump-sum EPCIC contract for the Cluster-8 marginal field development, part of the Mumbai High Asset, 210 km (130 mi) west of Mumbai.

W&T high bidder on 15 GoM blocks

March 25, 2019

W&T Offshore Inc. reports that it was the apparent high bidder on 15 blocks in the Gulf of Mexico Lease Sale 252.



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