Exploration Development
LUKOIL enters hydrocarbon production project in the shallow water of Mexico
PJSC LUKOIL announces the entry into an agreement to acquire the 50% operator interest in the Area 4 project in...
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Aker Solutions Awarded Subsea Contract Offshore Norway
Aker Solutions has secured a substantial contract from Aker BP to provide a subsea production system for the Kobra East...
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BP starts new Gulf of Mexico production at Na Kika platform
BP announced a significant milestone with the safe start-up of the Manuel project in the US Gulf of Mexico, the...
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LLOG tallies first production from its Praline discovery in Mississippi Canyon block
LLOG Exploration Company announced first production from the company’s Praline field, a discovery in Mississippi Canyon Block 74. The Praline...
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Wintershall Dea discovers significant hydrocarbons at Dvalin North
Wintershall Dea Norge AS found significant gas, condensate, and oil at the Dvalin North prospect in the Haltenbanken area of...
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Equinor granted approval for North Sea Martin Linge platform start-up
Equinor has been granted approval from Norway’s Petroleum Safety Authority (PSA) to begin use of the North Sea Martin Linge...
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BP, Eni consider joint venture to improve oil and gas production in Angola
BP Plc and Eni SpA are considering merging their Angolan oil, gas and liquefied natural gas assets into a joint...
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EnQuest signs deal for sole ownership of Bentley heavy-oil discovery
EnQuest PLC has agreed to purchase Whalsay Energy Holdings Ltd.'s 100% equity interest in the UK North Sea license P1078...
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Oil production costs reach new lows boosting deepwater prospects
A Rystad Energy analysis of oil production costs has revealed that the average breakeven price for all unsanctioned projects has...
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BP starts gas production from Qattameya field
BP has started gas production from its latest development ‎offshore Egypt – the Qattameya gas field in the North Damietta...
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Oil and Gas Advancement is an information centric knowledge sharing platform focused on the latest news in the B2B oil and gas sector bringing to our audiences B2B updates on upstream, downstream, pipeline and transport categories providing information on the latest projects and developments.