Oil & gas news

The company has entered into an agreement with Eni to acquire a 30% participating interest in the Tarfaya Shallow Exploration Permit, a series of 12 neighbouring offshore blocks along the Atlantic coast of the Kingdom of Morocco.

The discovery opens new opportunities for oil exploration in the north-west part of the prolific Block 15/06.

The company has secured a contract renewal from Equinor which covers the provision of maintenance, reliability and integrity management.

In support of President Donald J. Trump’s America-First Offshore Energy Strategy, it has been announced that BOEM proposes to offer 78 million acres for a region-wide lease sale scheduled for August 2019.

Seadrill Limited has announced the full-scale utilisation of its ground-breaking Medfit program across its drilling fleet.

i-Tech 7, Subsea 7’s Life of Field business unit, has appointed a new regional director to help strengthen and grow its life of field business in the Asia-Pacific region.

Latest interim report focuses on Appalachian, Permian and STACK upstream activity over next ten years.

Following the latest forecast from the UK Oil and Gas Authority (OGA) for the UK’s offshore sector, Jonathan Markham, Senior Upstream Oil & Gas Analyst at GlobalData, offers his insight on the future of the UK’s upstream sector.

Oil majors are readying themselves for the energy transition by investing in shale and waiting for renewable technology to be economical, according to Rystad Energy.

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