Petrobras in US$ 76.3 billion rig lease deal.
Brazil’s Petrobras has plans to lease 26 rigs over 15 years.
Brazil’s Petrobras has plans to lease 26 rigs over 15 years.
Brazilian state player Petrobras has discovered a new crude oil reservoir in the Santos Basin.
Noble Energy, Inc. has announced a natural gas discovery at the Tanin prospect offshore Israel. The discovery well was drilled to a depth of 18,212 ft and encountered approximately 130 ft of gross natural gas pay in high-quality lower Miocene sands.
Total has signed an agreement with Sinochem to sell TEPMA BV. This fully owned affiliate of Total holds a working interest in the Cusiana field as well as a participation in OAM and ODC pipelines in Colombia.
Aker Solutions has signed a frame agreement with Tullow Ghana Limited to provide well intervention services for the oil company's Jubilee and Tano deepwater fields offshore Ghana, West Africa.
Gordon Cope, Contributing Editor, reports on the new sources, new markets and new headaches involved in US natural gas production.
An American Petroleum Institute poll has shown that nearly 80% of Florida voters favour more oil and natural gas development.
Nordstream, Gasunie, Gate Terminal and Qatar Gas emerged as the overall winners in the closely contested European Gas Conference Awards.
ConocoPhillips and the China National Offshore Oil Corp. (CNOOC) have reached an agreement with China's Ministry of Agriculture to resolve issues related to the June 2011 incidents at the Peng Lai 19-3 field in Bohai Bay.
Energy Information Administration energy projections show need for policy changes, according to the American Petroleum Institute.
The American Petroleum Institute says that with right policy changes, administration support for energy development could be a needed course correction.
Tenaris and CRC-Evans have entered in a strategic co-operation agreement for offshore pipeline applications.
Polish company, Lotos, will begin drilling operations in Lithuania in the hopes of finding shale gas.
Environmental regulation of the Canadian oilsands projects is similar to other operations of comparable size and scope, IHS CERA report says.
Norway’s 22nd round of licensing sees three of the four nominated blocks located in the Barents leading to high levels of exploration interest.