INTERNATIONAL NEWS

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...

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Angola To Offer 10 Blocks In Bid Round

Angola new licensing agency will offer 10 oil and gas blocks in the first of several auctions it plans in a 6-year...

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Eni Gains Two Blocks Offshore Ivory Coast

Eni has secured 90percent operated stakes in two new exploration blocks in the eastern part of the sedimentary basin offshore Ivory Coast....

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Renewable Energy Investment Overtaking Offshore E&P In Asia/Pacific

Renewable energy investment across Asia, but excluding China, could surpass upstream E&P spending in the region by 2020, according to Rystad Energy....

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Sierra Leone Reopens Fourth Licensing Round

The Petroleum Directorate of Sierra Leone, in partnership with GeoPartners Ltd. and Getech Group PLC, announced the reopening of the fourth licensing...

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Oil Prices Jump As Drone Attack Saudi Aramco Facilities

Oil prices rose on Tuesday after the world’s top oil exporter Saudi Arabia said explosive-laden drones had attacked two pumping stations belonging...

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OTC 2019: Distinguished Achievement Award Winners Revealed

This year’s Offshore Technology Conference (OTC) Distinguished Achievement Award winners are Carlos Mastrangelo and the ExxonMobil-operated Hebron offshore project. Carlos Mastrangelo will...