Press Releases
INEOS and partners approved to develop Solsort field offshore Denmark
INEOS and its partners in the Solsort Unit, Danoil and Nordsøfonden, have agreed on Final Investment Decision regarding the development...
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TechnipFMC awarded significant subsea contract for Shell’s North Sea development
TechnipFMC has been awarded a significant engineering, procurement, construction and installation (EPCI) contract by Shell plc for the Jackdaw development, located...
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PETRONAS Announces New Gas Discovery in Central Luconia Province, Offshore Malaysia
PETRONAS announced a gas discovery from its Cengkih-1 exploration well in Block SK 320 in the Central Luconia Province, about...
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Lukoil to start Caspian development drilling
Russia’s Lukoil has reaffirmed its plan to start development drilling at the Grayfera oilfield in Russia’s Caspian Sea waters before...
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Angolan exploration and production to drive Africa cumulative capital expenditure
Greenfield investments in Angola and other leading and emerging hydrocarbon producing countries in Africa will help increase cumulative capital expenditure...
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Neptune Energy confirms oil and gas discovery at Hamlet in the North Sea
Neptune Energy and its partners discovered up to 24 million recoverable barrels of oil equivalent at the Hamlet exploration wells...
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Baker Hughes launches subsea wellhead technology to lower well construction, installation costs
Baker Hughes, an energy technology company, has launched a new subsea wellhead technology, the MS-2 Annulus Seal, to save substantial...
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South Sudan to take over oil operations in nationalization drive
South Sudan is taking steps to take over the operations of international oil companies in the country to increase its...
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Shell will sell Russian fuel stations as part of exit plan
Shell Plc is in talks to sell its fuel stations in Russia as it withdraws from the country in response...
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Guyana and Exxon in talks to build offshore gas pipeline
Guyana has started talks with U.S. Exxon Mobil Corp to build a more than 120-mile (190-km) natural gas pipeline from...
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