trends

(WO) – According to the Norwegian Offshore Directorate, Aker BP gas made another natural gas discovery in wildcat well 7324/8-4 (Hassel) in the Barents Sea, around 300 km offshore Norway. Scarabea 8 drilling […]

(Bloomberg) – Like 80% of Guyana’s college graduates, Richard Singh had left the tiny South American nation for better job prospects abroad. Then, in a surprising turn of events, he realized he could make more […]

(Bloomberg) – A U.S. Senate committee is investigating whether oil producers are illegally coordinating with OPEC to raise prices, following allegations that the former head of Pioneer Natural Resources Co. colluded with the group. […]

(WO) – Eni has signed a binding agreement with Hilcorp, one of the largest private U.S. companies with extensive experience operating in Alaska, for the sale of 100% of the Nikaitchuq and Oooguruk assets, owned […]

(Bloomberg) – A divided U.S. Supreme Court threw out a decades-old legal doctrine that empowered federal regulators to interpret unclear laws, issuing a blockbuster ruling that will restrict environmental, consumer and financial-watchdog agencies. […]

(WO) – TotalEnergies has signed an agreement to sell to The Prax Group its entire interest in West of Shetland assets in the United Kingdom (Laggan, Tormore, Glenlivet, Edradour and Glendronach fields, the onshore Shetland […]

(WO) – The Vår Energi-operated Cerisa exploration well in production license PL 636 offshore Norway was successful, with estimated gross recoverable resources of between 18-39 MMboe. Deepsea Yantain semi-submersible rig The discovery is […]

(WO) – Transocean Ltd. announced a 365-day contract extension for the Deepwater Asgard with an independent operator offshore the U.S. in the Gulf of Mexico. The program is expected to commence in direct […]

(Bloomberg) – Energy-focused private equity firm Kimmeridge is taking a majority ownership stake in the proposed Commonwealth LNG project and naming a former bp Plc executive to lead the venture, marking a major bet on […]

(WO) – Pytheas Energy, Inc announced the addition of three producing oil and gas properties to its growing portfolio: the Andrews Crane asset, the Bakken asset, and the Minerva-Rockdale asset. These represent both working and […]