Exploration Development
Foothills Exploration acquires 21 oil and gas wells in Oklahoma
Foothills Exploration, Inc. has acquired four leases and 21 shallow oil and gas wells located in Comanche County, Oklahoma. These...
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TechnipFMC awarded $250 million subsea service contract offshore Brazil
TechnipFMC has been awarded a master services agreement (MSA) for subsea services with Petrobras worth at least $250 million. The...
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PETRONAS awards three production sharing contracts offshore Malaysia
The Meranti Cluster, located offshore Peninsular Malaysia, was awarded to Ping Petroleum, which is in partnership with Duta Marine Sdn...
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Eni to invest $8 billion in two Libyan natural gas fields
Eni SpA is set to push ahead a potential investment of $8 billion in two natural gas fields in Libya,...
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QPD, QatarEnergy sign new agreement for Al-Karkara, A-Structures development
Japan’s Qatar Petroleum Development Co. and QatarEnergy will continue development and production of Al-Karkara and A-Structures oil fields in the...
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PGS awarded Petrobras 4D production contract offshore Brazil
Petrobras awarded PGS a significant 4D production contract over the Barracuda-Caratinga field in the Campos basin offshore Brazil. Mobilization is...
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International Petroleum Corp. and PETRONAS extend production sharing contract for Malaysian oil field
International Petroleum Corporation announced that IPC’s subsidiaries IPC Malaysia B.V. and IPC SEA Holding B.V. have signed a letter of...
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CNOOC Limited begins production on block development project offshore China
The project is in the south Bohai Sea, with an average water depth of around 19 m. The main production...
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UAE accelerates plan to increase its oil production capacity
The United Arab Emirates is accelerating a plan to raise its oil production capacity, according to people familiar with the...
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Neptune Energy increases production from Gjoa platform
Neptune Energy announced that production from its operated Gjøa platform in the Norwegian North Sea increased by two million barrels...
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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.