Ithaca has agreed to acquire the North Sea assets of Marubeni in a $1billion deal, according to a news report.
JX Nippon Exploration and Production Ltd. is preparing the sale of its oil and gas fields in the UK North Sea, according to people with knowledge of the matter.
Petronas Carigali is aiming to take a final investment decision (FID) on its Bestari deep-water oilfield development offshore Sabah in East Malaysia this year.
The eastern Malaysian state of Sarawak, home to the country’s LNG export complex, will soon open onshore acreage for bidding, as it hopes to revitalise its onshore oil and gas industry after taking regulatory control from the federal government.
RockRose Energy faces being ousted as operator of a North Sea hub as it is today re-admitted to the Stock Exchange.
Japanese oil and gas exploration company JX Nippon started production at its Layang Field on 28 May 2017.
Maersk Oil’s landmark North Sea project is “bang on schedule” with contracts for hook-up and commissioning expected to be awarded “in the next couple of months”.
Maersk’s Culzean project has been one of few bright spots in a downturn that has lasted longer than most could have predicted.
The Press and Journal’s long standing energy editor was handed a special award at a glittering ceremony hosted by the oil and gas industry’s leading trade body.
Statoil has today completed its deal for JX Nippon's 45% share and operatorship in the Utgard field.