ExxonMobil Development Africa has completed acquisition of a 25% indirect in Mozambique’s deepwater Area 4 block from Eni, and will assume responsibility for midstream operations. Read Full Article Here For more great articles: Offshore RSS Feed
Upstream operators have cut $910 billion from planned global capex during 2015-2020, according to Wood Mackenzie. Read Full Article Here For more great articles: Offshore RSS Feed
Aker BP has submitted the plans for development and operation for three projects offshore Norway with a total estimated cost of NOK15.5 billion ($1.87 billion). Read Full Article Here For more great articles: Offshore RSS Feed
Operating costs across the UK continental shelf fell 14% last year to £7.2 billion ($9.66 billion), according to a report by the Oil & Gas Authority. Read Full Article Here For more great articles: Offshore RSS Feed
Petrobras has signed a memorandum of understanding with ExxonMobil on a strategic alliance to jointly identify and assess potential business opportunities. Read Full Article Here For more great articles: Offshore RSS Feed
By Offshore Energy Today.. Petrobras has obtained a favorable arbitration award related to a rig dispute with its compatriot offshore driller Sete Brasil. … Read Full Article Here For more great articles: Offshore Energy Today
By LNG World News India’s Petronet LNG said Friday it had signed a revised deal with the Australian unit of ExxonMobil under which it will buy additional volumes of LNG. Petronet LNG, India’s largest importer of the chilled fuel, signed the original deal back in 2009 under which it agreed to buy around 1.5 million…
By _Offshore_Energy_Today_ Italian oil company Eni has selected a spud date for the drilling program in the Rabat Deep Offshore license in Morocco. … Read Full Article Here For more great articles: Offshore Energy Today
By LNG World News CNOOC, the Chinese state-owned oil and gas producer, has hired 100 trucks to move liquefied natural gas (LNG) some 2,200km from the south of the country to its northern parts due to a winter fuel crunch. China’s LNG imports surged this year boosted by a government-led switch from coal to natural…
By Offshore Energy Today.. Lebanese government has awarded two offshore exploration and production licenses to a consortium of three oil and gas companies. … Read Full Article Here For more great articles: Offshore Energy Today