Oil & gas news

Regina Chislova, Project Director of the closed-door offshore-oriented congress EPOCH 2019, has gathered the points of view of different experts on questions that concern E&P investors.

A settlement agreement provided for a cash payment of US$4.5 million from Vaalco to Angola's National Concessionaire.

The contract is for the West Polaris drillship in Southern Asia.

In May and July, Apache closed the sale of noncore assets in two separate transactions, which included assets in the Western Anadarko Basin and the SCOOP/STACK play.

The company is to sell a a 2% proportionately reduced overriding royalty interest in 350 000 net surface acres in southwest Appalachia, US.

The contracts will see the company's ROV mounted ARTEMIS® tool used on major oilfield projects around the world.

GlobalData has said that Guyana's plan to increase royalties payable on oil and gas production may risk making returns less competitive than under the fiscal regimes of Brazil and Suriname.

Olivier Le Peuch succeeds Paal Kibsgaard, who will retire as CEO effective 1 August 2019.

77.8 million acres of federal waters in the Gulf of Mexico are scheduled for sale on August 21.

The blowout preventer skids and tests units from Fugro will be included in Wild Well Control's subsea response kit.