Exploration Development

BP and Det norske oljeselskap announced the creation of Aker BP ASA, an independent oil and gas company combining the...

BP Egypt announced another important gas discovery in the Baltim South Development Lease in the East Nile Delta. The Baltim...

Eni made a new significant gas discovery in the Baltim South West  exploration prospect, located in the Baltim South license,...

Chinese President Xi Jinping and Mozambique President Filipe Nyusi, CNPC Chairman Wang Yilin and Omar Mitha , Chairman of Mozambique's...

At the core of the three-year agreement are R&D activities in all engineering areas, in particular in support of ground-breaking...

Tempa Rossa is an Italian onshore oil field located in the Gorgoglione concession, in the Basilicata region. It is estimated...

A tribunal of the London Court of International Arbitration ordered the Kurdistan Regional Government (KRG) to pay $1.98bn to a...

Australia-based WorleyParsons has secured a contract for Bahrain Petroleum Company's (BAPCO) modernisation programme. WorleyParsons expects A$120m ($87m) revenue from the...

Council of Ministers of Algeria has approved four presidential decrees on hydrocarbon exploration and exploitation contracts in the country. The...

Austria-based oil and gas company OMV has discovered gas in the Latif South-1 exploration well located in the Latif exploration...