
Havila Shipping wins $90m contracts to provide supply vessels to Equinor
(adsbygoogle = window.adsbygoogle || []).push({}); Norwegian shipping company Havila Shipping has won three-year contracts worth around NOK 800 million ($90.7 million) for the use of two of its supply More...

Canada’s Whitecap Resources and TORC Oil & Gas to merge in $703m deal
Canadian oil and gas companies Whitecap Resources and TORC Oil & Gas have inked an all-stock merger deal worth nearly CAD 900 million ($703.4 million) to create a light oil weighted producer in Western Canada, More...

ONGC Videsh makes new oil discovery in CPO-5 block, onshore Colombia
ONGC Videsh (OVL) has pulled off another commercial oil discovery in Colombia, this time through the drilling of the Indico-2 well in the onshore block CPO-5 in Llanos Basin. The overseas arm of Indian state-owned More...

Maersk Integrator jack-up rig to be deployed for OMV in PL 970, Norway
Maersk Drilling has bagged a one-well contract worth around $14.3 million from OMV (Norge) for using its Maersk Integrator jack-up rig for drilling in the Ommadawn prospect in PL 970 in Norwegian waters. The jack-up More...

Troitsk compressor station construction completed by RN-Krasnodarneftegaz
Rosneft Oil Company’s subsidiary RN-Krasnodarneftegaz has wrapped up the construction of the Troitsk compressor station at the Anastasievsko-Troitskaya group of fields in Russia. The annual gas capacity of Troitsk More...

Assiut oil refinery in Egypt : TechnipFMC set to begin EPC work on new hydrocracking complex
TechnipFMC has completed the remaining conditions needed to begin work on the engineering, procurement, and construction (EPC) contract for the construction of a new hydrocracking complex for the Assiut oil refinery More...

Vorlich oil field : BP and Ithaca commence production from North Sea tieback
BP and Ithaca Energy have commenced production from the Vorlich oil field, a £230 million subsea tieback development in the UK North Sea. The Vorlich field, which was discovered in 2014, is estimated to yield 30 More...

Norway offers 136 blocks in 25th licensing round on NCS
The Norwegian government is offering 136 blocks in the 25th licensing round on the Norwegian continental shelf (NCS), all of them located in the Norwegian Sea and the Barents Sea. While 11 blocks are being offered More...

PetroRio to acquire stakes in Wahoo and Itaipu fields offshore Brazil
PetroRio has agreed to acquire a stake of 35.7% in the BM-C-30 Block, containing the Wahoo field, and a stake of 60% in the BM-C-32 Block, containing the Itaipu field, from BP, in a deal worth up to $140 million. Both More...

Equinor Energy secures permit from NPD for drilling PL 090 I wells
Equinor Energy has secured drilling permit for 31/2-22 S and 31/2-22 A wells in the production licence 090 I (PL 090 I) in the Norwegian North Sea from the Norwegian Petroleum Directorate (NPD). The Norwegian oil More...