Exploration Development
CGG wins Offshore Malaysia seismic reprocessing contracts from PTTEP
PARIS - Subsurface Imaging, part of CGG’s Geoscience division, has been awarded two large-scale complex seismic reprocessing contracts by PTTEP....
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EIA projects $43 oil, flat U.S. production in the first half of 2021
The U.S. Energy Information Administration reported that a record 12.9 million barrels per day (bpd) of crude oil was produced...
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Saudi Arabia sets its sights on hydrogen export leadership
The world’s biggest oil exporter has set its sights on also becoming the largest supplier of hydrogen, a fuel seen...
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ExxonMobil announces Redtail discovery offshore
ExxonMobil has made its 18th discovery offshore Guyana at the Redtail-1 well which will add to the previously announced estimated...
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BG contracts Corinth to provide Colibri gas export line pipe
BG International, a subsidiary of Royal Dutch Shell PLC, signed Corinth Pipeworks to manufacture and supply steel pipes for development...
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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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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.