Category: News

Eni and YPF have finalised an agreement to collaborate on a liquefied natural gas project being developed in the South American nation.

CNOOC has commenced production at the Weizhou 5-3 oilfield development project located in the Beibu Gulf Basin of the South China Sea.

Irving Oil has announced a $100m investment to upgrade a key crude oil processing unit at its Saint John facility in New Brunswick.

Gran Tierra Energy has agreed to divest its subsidiary, Gran Tierra North Sea Limited (GTNSL), to NEO Energy for $7.5m.

Malaysian state energy company Petronas has reportedly announced plans to reduce its workforce by 10%.

Petrobras, the Brazilian state-run oil firm, is setting its sights on Africa as its primary region for oil exploration activities outside its home country.

Equinor has signed a significant contract with Centrica to supply the UK with natural gas over the next decade.

PDVSA has reportedly signed at least nine new agreements with foreign service providers, following the exit of Chevron due to US sanctions.

A joint venture (JV) between Norway’s Aker Solutions and Brunei’s PTAS has secured a two-year contract extension to provide offshore maintenance to Brunei Shell Petroleum (BSP).

Vermilion Energy has completed exit from the US to focus on its core gas-weighted assets in Canada and Europe.