INTERNATIONAL NEWS

ExxonMobil Set To Sell Off Entire UK North Sea Interets

ExxonMobil has reportedly decided to sell its entire UK North Sea interests. According to Neivan Boroujerdi, principal analyst, North Sea upstream at...

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ADNOC Hands Out Multi-billion-dollar Drilling Contracts

ADNOC has awarded contracts with a combined value of $3.6 billion for the procurement of casing and tubing for the company’s drilling programs. The...

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Qatar Has Enough Oil Reserve To Last Over 130yrs – Report

On current output, Qatar’s gas reserves can last 138 years, the country’s National Bank (QNB) has said in a new report. Qatar...

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Brazil’s State Oil Firm Grow Q2 Oil Production By 3.8%

Brazil’s state oil firm, Petroleo Brasileiro SA, said on Friday total second-quarter oil and gas production was 2.633 million barrels per day...

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Petrobras Sells More Shallow-water Brazil Fields

Petrobras has signed two contracts for the sale of shallow-water assets in the Campos and Santos basins, for a total of around...

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Qatar Petroleum Set To Join Eni, Total In Offshore Kenya Blocks

Qatar Petroleum (QP) has signed an agreement with Eni to acquire a 13.75percent share in three exploration blocks offshore Kenya. The agreement...

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27 Blocks Offered In Latest Equatorial Guinea Bid Round

Drilling looks set to pick up offshore Equatorial Guinea, with new companies likely to be awarded blocks later this year under the...

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Petrobras Advances Downstream Divestment Plans

Petrobras has signed a commitment agreement with Brazil’s Administrative Council for Economic Defense (CADE) consolidating an understanding between the parties on the...