Subsea7 has been awarded a sizeable subsea set up contract by LLOG Exploration Offshore for the Buckskin South Enlargement venture within the U.S. Gulf of Mexico.
The Buckskin discipline is positioned about 305 km...
(WO) — Heirs Energies has secured $750 million in financing from the African Export–Import Financial institution (Afreximbank), a deal aimed toward accelerating discipline improvement and supporting long-term manufacturing progress in Nigeria.
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MOL Group and SOCAR have signed a complete onshore exploration, growth and manufacturing sharing settlement protecting the Shamakhi-Gobustan area of Azerbaijan, strengthening their long-standing upstream partnership within the Caspian area.
Beneath the settlement, MOL...
Vår Energi and its license companions, led by operator ConocoPhillips, have taken a closing funding choice (FID) on the Beforehand Produced Fields (PPF) Mission within the Higher Ekofisk Space, advancing a large-scale subsea...
(Bloomberg) – The Center Jap oil market has weakened in current weeks on concern that regional provides will outstrip demand, including to indicators of a softening world image that’s weighed on benchmark crude...