Exploration Development
Azerbaijan expects to start oil, gas production at Karabakh field at end 2022
Azerbaijan plans to start oil and gas production at its Karabakh field in the Caspian Sea at the end of...
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Venezuela Is Boosting Oil Exports Even as Production Plummets
Venezuela’s long-suffering oil industry is ramping up exports even as production continues its inexorable slide. Exports of crude oil, the...
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Ampelmann and Olympic Shipping join forces in project for Ithaca Energy in the North Sea
Ampelmann has secured a contract with Olympic Shipping to support topside commissioning work on Ithaca Energy’s FPF-1 offshore semi-submersible in...
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Canada restarts 200,000+ barrels of shut-in oil sands production
At least 20% of shut-in Canadian production is being restored, just months after the price crash forced producers in Alberta’s...
Read moreSweden’s Tethys Oil signs exploration and production agreement for Omani block
Oman has signed an exploration and production sharing agreement with Swedish firm Tethys Oil for its onshore block 58, the...
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CNOOC Limited Announces a Significant Discovery of Huizhou 26-6 in Eastern South China Sea
CNOOC Limited announced that the Company made a significant discovery of Huizhou 26-6 in Eastern South China Sea. It is...
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Petronas hires Maersk semi-submersible for Suriname exploration
Malaysian oil company Petronas has selected Danish drilling rig operator Maersk Drilling’s deepwater semi-submersible drilling rig Maersk Developer for work...
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Qatar Petroleum to continue North Field expansion gas projects
Qatar Petroleum’s North Field expansion projects will be continued, said the state-owned company’s president and CEO and minister of state...
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Bahamas Petroleum signs rig contract for exploration well
Explorations and production firm Bahamas Petroleum Company (BPC) has signed an offshore drilling rig contract with Stena Drilling to use...
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ExxonMobil announces oil discovery offshore Guyana at Tripletail
ExxonMobil said it made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot...
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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.