Marine survey company Gardline has finally started survey work over oil company i3’s UK North Sea assets, following delays with the vessel back in 2018.
Source: Gardline surveying i3’s North Sea assets ahead of drilling ops
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Murphy’s Malaysia sale to PTTEP, SE Asia’s biggest oil & gas deal in five years, Woodmac says
U.S. oil company Murphy Oil’s $2.1 billion sale of Malaysian business to Thai PTTEP announced on Thursday is the biggest oil and gas deal in South East Asia in five years, in what is expected to become a big year for mergers and acquisition in the region.
Source: Murphy’s Malaysia sale to PTTEP, SE Asia’s biggest oil & gas deal in five years, Woodmac says
PTTEP picks up two blocks offshore Malaysia
Thailand’s PTTEP has signed a production sharing agreement with Malaysia’s Petronas for exploration and production rights of two offshore blocks, PM407 and PM415, in shallow waters off Peninsular Malaysia under Malaysia 2018 Bidding Round.
Will Oil Ever Hit $100 Again? | Rigzone
Will Oil Ever Hit $100 Again? Rigzone asks industry experts whether the price of oil will ever reach $100 per barrel again. Oil will hit $100 per barrel again, according to RoseAnne Franco, head of oil and gas at global risk consultancy Verisk Maplecroft. “It’s a question of when and will it stay there … the level of geopolitical uncertainty we confront today is particularly volatile and precisely the type of conditions that could lead to an oil price shock,” Franco told Rigzone. “That said, the u
Italy to suspend oil and gas exploration activities
Oil and gas company ADX Energy has informed that the Italian Senate has passed a Bill to suspend oil and gas exploration activities in permits that have been approved or are in the process of being approved.
Aker BP to drill 15 exploration wells in 2019. Plans to triple output by 2025
CNOOC starts production from South China Sea project
CNOOC Limited has started production from the Huizhou 32-5 oilfield comprehensive adjustment/Huizhou 33-1 oilfield joint development project located in the South China Sea.
Source: CNOOC starts production from South China Sea project
Hydrogen – the holy grail for transmission
Hydrogen is seen as an important factor in energy transition and tackling the climate change challenges and meeting Paris goals.
Eni signs MoU for petroleum exploration in block offshore Bahrain
Eni has signed a memorandum of understanding with the National Oil and Gas Authority of the Kingdom of Bahrain with the aim to pursue petroleum exploration of offshore Block 1.
Source: Eni signs MoU for petroleum exploration in block offshore Bahrain
Scotland’s oil and gas sales up by more than 18 pct
Oil and gas sales value in Scotland has risen by 18.2% between 2016-17 and 2017-18, according to the Scottish government.