Oil & gas news
Repsol and Ineos interested in ExxonMobil Gulf of Mexico oilfields
The assets could be worth as much as US$1.5 billion.
Ophir sells interest in Block 5 offshore Mexico
The company's interest has been sold to the existing partners in the Block 5 exploration licence, subsidiaries of Murphy Oil Corporation, Wintershall Dea and Petronas.
Plan for second phase of Johan Sverdrup approved
Construction work has now started on the field’s second processing platform.
Spur Energy Partners form partnership with KKR to acquire assets across US
The partnership aims to acquire large, high-margin oil and gas production and development assets across the Lower 48 states of the US.
LUKOIL begins commercial operations in D41 offshore field
Construction of the company’s second well in the D41 offshore field in the Baltic Sea was completed earlier this month.
i-Tech 7 appoints new business development manager for Asia Pacific & Middle East
Craig Roberts will be based in the company’s Perth office, in Australia.
Decommissioning companies combine to create new company with focus on UKCS
Fairfield Decom’s clients will have direct access to the expertise and assets of Decom Energy, Heerema Marine Contractors and AF Offshore Decom.
Westwood Global Energy: accelerating rig activity signals game-change as rig rates are on the up
Data shows that marketed utilisation for some rig types in some regions are nearing 85-90%.
Wood Mackenzie has released its eleventh annual exploration survey
The results of Wood Mackenzie’s eleventh annual exploration survey have been released.
New digitised inspection process for oil and gas industry launched
The inspection technology digitises inspection workflows by leveraging automation, overhauling the current paper-based and outdated manual process.