Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) has officially opened blocks for licensing in the Onshore Lower Congo Basin and the Onshore Kwanza Basin as part of its 2020 oil and gas licensing round. SourceContinue Reading
The Abu Dhabi National Oil Company (ADNOC) announced it has successfully implemented an innovative initiative to drive efficiencies in its tendering process. This program supports ADNOC’s ongoing efforts to enhance its approach to procurement and maximize value for ADNOC and its community of suppliers and service providers. SourceContinue Reading
Neptune Energy announced it has acquired a 38.75% equity interest from Spirit Energy in the Pegasus West discovery and surrounding acreage in the UK Southern North Sea. SourceContinue Reading
Saudi Aramco’s profit soared in the first quarter following a recovery in global oil and gas markets, though free cash flow remained too low to fully cover dividend payments. SourceContinue Reading
The Shell Robert Training and Conference Center in Louisiana has established a new partnership with Maersk Training, which will see the global safety specialists deliver enhanced training to the Gulf of Mexico offshore workforce. SourceContinue Reading
Noia is deeply concerned about the potential to decommission and abandon the Terra Nova Project after Suncor Energy on Friday issued Expressions of Interest related to the Terra Nova Floating, Production Storage and Offloading (FPSO) vessel located on the Terra Nova offshore field. SourceContinue Reading
EnerVest Ltd., a private equity firm that specializes in shale drilling, fired 111 people at its Houston headquarters, citing “challenging times for the industry.” SourceContinue Reading
Offshore drilling company Valaris Limited and the Valaris Group announced the company emerged from Chapter 11 bankruptcy at the end of April. SourceContinue Reading
Neodrill has signed a frame agreement with major oil and gas operator Lundin Energy for the deployment of CAN-ductor technology. SourceContinue Reading
