The Obama administration’s withdrawal of a permit for construction of the Dakota Access crude oil pipeline when work was already under way is both unprecedented and deeply troubling, the presidents of the American Petroleum Institute and North America’s Building Trades Unions said. Read Full Article Here For more great articles: Oil & Gas Journal –…
Guyana’s Ministry of Natural Resources has announced plans to build an onshore oil and gas facility in that country as it attempts to optimize opportunities from the massive ExxonMobil Corp. oil discovery and future petroleum exploration and production. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest
Anadarko Petroleum Corp. has agreed to purchase Freeport-McMoRan Oil & Gas’ deepwater Gulf of Mexico properties for a total cash consideration of $2 billion. Read Full Article Here For more great articles: Offshore RSS Feed
In its September Oil Market Report, the International Energy Agency said a slowdown in global oil demand growth, coupled with rising global oil production and swelling inventories, means the world oil market may take longer than expected to return to balance. Read Full Article Here For more great articles: Oil & Gas Journal – General…
Det norske oljeselskap, Aker Solutions, and Subsea 7 have agreed to a collaboration model for oil and gas field developments offshore Norway. Read Full Article Here For more great articles: Offshore RSS Feed
Ophir Energy has re-started production at the Bualuang oil field in the Gulf of Thailand after completing final tie-in work for a water debottlenecking project. Read Full Article Here For more great articles: Offshore RSS Feed
Oklahoma state and US Environmental Protection Agency regulators said 32 disposal wells in northeastern Oklahoma must shut down following the discovery of a fault line believed to have caused a 5.3-magnitude earthquake on Sept. 3. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest
ExxonMobil and Oil Search (PNG) have agreed to acquire 40% stakes from Gini Energy in two licenses offshore Papua New Guinea. Read Full Article Here For more great articles: Offshore RSS Feed
SeaBird Exploration will acquire a long-offset 2D multi-client survey in the Norwegian Barents Sea during September and October. Read Full Article Here For more great articles: Offshore RSS Feed
Oil Search Ltd., of Sydney and Port Moresby, has refocused its attention offshore in the Gulf of Papua in a bid to explore areas with potential to support the company’s expanding LNG portfolio. Its Papua New Guinea LNG (PNG LNG) joint-venture partner, ExxonMobil Corp., also has joined the project. Read Full Article Here For more…