Oil company Dana Petroleum has terminated a contract for the use of a Maersk Drilling rig in Denmark.The one-well contract was initially expected to start in May 2020.However, the two companies then in October 2020 said the contract start-up for the yet to be nominated rig would be deferred…
Oil and gas company Neptune Energy has appointed Mohamed Mounes Shahat to the role of Egypt Managing Director, based in Cairo. Mounes, who will start in December, joins Neptune from Egypt’s Ministry of Petroleum, having most recently held the position of Minister’s Advisor for Gas Affairs…
The Norwegian authorities have received applications from 33 oil companies for the offshore acreage to be awarded in the licensing round Awards in Predefined Areas (APA) 2020.Norwegian Minister of Petroleum and Energy, Tina Bru: 'In a challenging year for the petroleum industry…
Dana Petroleum, a North Sea-focused subsidiary of South Korea's KNOC, has appointed Jongwoo Kim as its new CEO.Kim joins Dana Petroleum from its parent company Korea National Oil Corporation.Jongwoo succeeds the previous CEO Yongwoo Kang who…
Qatari-state owned oil and gas company Qatar Petroleum has signed a farm-in deal with France's Total to acquire a 45% participating interest in blocks CI-705 and CI-706, located in the Ivorian-Tano basin, offshore Ivory Coast.The two blocks cover an area of approximately 3…
Qatar's state-owned oil and gas company Qatar Petroleum has signed three farm-in agreements to acquire about 30% of Total’s participating interest in blocks 15, 33 and 34 located in the Campeche Basin, offshore Mexico.Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs…
Qatari state-owned oil and gas company Qatar Petroleum has signed a deal to reserve LNG ship construction capacity in China in a deal potentially worth more than $3 billion.QP said that the reserved LNG carrier construction capacity would be used for QP’s future LNG carrier fleet requirements…
Norwegean geological services company Applied Petroleum Technology (APT) said that PGNiG Upstream Norway AS (PGNiG) has appointed it to conduct post-drilling analyses of its recent Shrek discovery in the Norwegian Sea.Under the agreement, Applied…
Qatar Petroleum has assumed operatorship of the Idd el-Shargi North Dome and South Dome offshore oilfields, the company said in a statement.Development and production sharing agreements with Occidental Petroleum of Qatar Ltd. for both oilfields expired on Oct…
Singapore offshore company Swiber Holdings' wholly-owned subsidiary, Swiber Offshore Construction (SOC) has entered into a shareholder's agreement with Hilong Marine Engineering (HME) to establish a joint venture company in Singapore.The shareholders…
Nigeria has a new face at the helm of the country’s petroleum industry regulator, and already he has announced ambitious targets for the next five years. Achieving these goals will have to rely partly on how much investment can be attracted…
Billionaire investor Carl Icahn on Wednesday ratcheted up his fight with Occidental Petroleum over its pending purchase of rival Anadarko Petroleum by calling for a special shareholder meeting where he hopes to win board seats.In a regulatory filing…
UK-based exploration and production company African Petroleum continues to lay claim to offshore Block 1A in The Gambia even after the government of this tiny West African country reportedly signed an agreement with oil major BP for the likely lucrative asset…
Qatar Petroleum has won exploration rights in five offshore blocks in Argentina as part of two consortia, the company said in a statement on its website.The consortium for three blocks in the Malvinas West basin is made up of an ExxonMobil affiliate with a 70 percent interest…
DNV GL has secured a three-year contract across the Dana Petroleum operated assets on the United Kingdom Continental Shelf (UKCS).DNV GL has worked with Dana Petroleum since 2012 with the development of the Western Isles floating production storage and offloading (FPSO) vessel…
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