Saudi Aramco is more resilient to oil price slumps than its biggest listed rivals, its 2016 accounts indicate, giving a rare insight...
BP has started up the $28-billion Shah Deniz 2 project offshore Azerbaijan, the first subsea development in the Caspian Sea, the company...
The Republic of Congo expects to raise oil production by as much 65percent this year as two new projects come on stream,...
Westwood’s latest World Oilfield Equipment Market Forecast anticipates $148 billion of total global spending, including capex on the engineering, procurement, construction, and...
Petrobras has initiated the non-binding phase for sales of its interests in further fields offshore Brazil, according to Offshore report. The latest...
ExxonMobil and its partners have achieved an eighth deepwater oil discovery in the Stabroek block offshore Guyana. The Longtail-1 exploration well, spudded...
Shell Gas Holdings (Malaysia) has completed the sale of its 15percent stake in Malaysia LNG Tiga (MLNG Tiga) to the Sarawak State...
Brazil’s new local content regulations could fasttrack the deployment of FPSO units, boosting presalt oil production by more than 21 Bbbl by...
Drilling, according to ExxonMobil’s latest progress report, started last month on the first of 17 wells planned for the Liza Phase 1...
ExxonMobil has increased its holdings in Brazil’s pre-salt basins after winning the Uirapuru exploration block with co-venturers Equinor and Petrogal Brasil during...