Equinor sells its Nigerian business, including its share in the Agbami oil field, to Nigerian-owned Chappal Energies.
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Serica Energy has announced the execution of agreements for the acquisition of 30% non-operated interests in the P2498 and P2170 licences (together the Greater Buchan Area (GBA) from Jersey Oil & Gas (JOG).
Oil markets are eagerly awaiting the OPEC+ meeting on 26 November, in anticipation of what kingpin Saudi Arabia decides over its voluntary crude oil production cuts of 1 million bpd.
As a result of the order issued by the United States court of appeals for the fifth circuit, the Bureau of Ocean Energy Management (BOEM) has scheduled Lease Sale 261.
PETRONAS has signed a Memorandum of Cooperation (MoC) with Vietnam oil and gas group (PETROVIETNAM) to explore potential collaboration opportunities in the upstream, renewable energy, gas, and downstream sectors in Vietnam.
Dron & Dickson has announced a contract award with Harbour Energy for an integrated electrical engineering and wholesale contract.
Exxon Mobil Corporation has announced it has closed its acquisition of Denbury Inc. in an all-stock transaction valued at US$4.9 billion.
North Sea production has received a significant boost with the offer of 27 new licences in areas prioritised because they have the potential to go into production more quickly than others.