W&T Offshore, Inc. has announced that the Company was the apparent high bidder on two blocks in the Gulf of Mexico Lease Sale 257 held by the Bureau of Ocean Energy Management (“BOEM”) on November 17, 2021. W&T will also be participating in two upcoming investor conferences. Lease Sale 257 W&T was the apparent high […]

Zenith Energy has announced that Zenith Overseas Assets Holdings Ltd. (ZOA), its fully owned subsidiary, has entered into a share purchase agreement (SPA) for the acquisition of a 100 percent interest in the issued, allotted, outstanding and fully paid-up share capital of Canadian North Africa Oil & Gas Ltd. (CNAOG) (previously named CNPC International (Tunisia) […]

IOG, the Net Zero UK gas and infrastructure operator focused on high return projects, today provides a corporate and operational update. “The offshore subsea and hook-up scopes for the Blythe and Elgood fields are now complete. We continue to work closely with Bacton terminal operator Perenco and an enlarged workforce to complete the reception facilities […]

BHP Group (BHP) and Woodside Petroleum Ltd (Woodside) have signed a binding share sale agreement (SSA) for the merger of BHP’s oil and gas portfolio with Woodside (Merger). Woodside will acquire the entire share capital of BHP Petroleum International Pty Ltd (BHP Petroleum) in exchange for new Woodside shares.  The signing of the SSA follows the merger commitment […]

Odfjell Drilling and CIMC Raffles have unveiled that Neptune Energy Norge has extended the contract for the DeepseaYantai with an additional 3 wells securing that the rig is fully occupied to mid Q2 2022. The extension is made so that the rig can drill one more well at the Fenja field and to drill two […]

Maersk Drilling has been awarded a contract with ONE-Dyas B.V. which will employ the harsh environment jack-up rig Maersk Resolute to drill the IJssel and Clover exploration wells in the Dutch sector of the North Sea. The contract is expected to commence in December 2021, with a firm duration of 84 days. The contract value […]

EnQuest PLC has announced that it has completed the acquisition of a 26.69% non-operated equity interest in the Golden Eagle Area Development. As the Acquisition constitutes a reverse takeover under the Listing Rules, the admission of the Company’s ordinary shares  to the premium listing segment of the Official List maintained by the Financial Conduct Authority […]

The Abu Dhabi National Oil Company (ADNOC) has set off record breaking contracts worth up to almost $6 billion (AED22 billion) to enable drilling growth as it boosts its crude oil production capacity to 5 million barrels per day (mmbpd) by 2030 and drives gas self-sufficiency for the United Arab Emirates (UAE). The announcement was […]

The Abu Dhabi National Oil Company (ADNOC) announced the award of two engineering, procurement and construction (EPC) contracts totaling $1.46 billion (AED5.36 billion) for the Dalma Gas Development Project. The Dalma field is part of the Ghasha Concession which is the world’s largest offshore sour gas development and an important enabler of gas self-sufficiency for […]

LUKOIL has produced one billion barrels of oil at West Qurna-2, Iraq, since the launch of commercial operation of the field. The landmark achievement has been reached as the company stands on the threshold of its 30th anniversary. Special events on the occasion of the company’s milestone year were attended by the Minister of Oil […]