Australia’s FAR has awarded a contract to acquire 3D seismic in The Gambia to Shearwater GeoServices.
Confidence continues to return for offshore work, with offshore seismic companies reporting improved performance from contract work, while multi-client continues to lag.
Egypt has licensed a number of areas, including the award of around 7,000 square km to ExxonMobil in the offshore.
Decommissioning Southeast Asia’s aging oilfields offers a vast but challenging market opportunity.
Oil firm Enquest has announced the award of a production block off the coast of Malaysia.
China’s CNOOC Ltd has signed up to explore two blocks in Gabon, the 11th contract signed since the country brought in its new hydrocarbon code.
Sudan has undergone a tumultuous 10 years, from the loss of much of its oil production with the breaking away of South Sudan, to the recent and dramatic change of government.
South Sudan plans to offer 13 blocks under a licence round to be launched in the first quarter of 2020, moving away from the previous preference for direct negotiations.
Gabon has signed a number of new exploration licences, while also extending production licences.
Plans are afoot for an initial public offering (IPO) of South Africa’s Engen, which might provide a rare bright spot in the country’s institutional outlook.
Petronas has chartered an LNG bunkering vessel in Malaysia, under a deal with Avenir LNG.
UK oilfield services firm Expro has been awarded a £16million contract to help decommission an offshore field for Malaysian operator Petronas.
Malaysia offers some of the most material and attractive upstream investment opportunities in Southeast Asia due to supply shortages, according to Wood Mackenzie.
Majors including Aramco, BP, Ørsted and Shell will talk about US$150bn of global projects requiring UK products and services
Shell's decision to sanction a£23 billion Canadian LNG project could signal the return of "mega-projects", an analyst has said.
Malaysian oil firm Petronas will snap up a 25% stake in an LNG project in Canada.
Shell has completed the sale of its 50% working interest in the North Sabah Enhanced Oil Recovery Production Sharing Contract (PSC) to Malaysia’s Hibiscus Petroleum.
Petronas has entered into an agreement to acquire a 40% stake in FAR’s A2 and A5 offshore licenses in Gambia, West Africa.
Malaysia's Petronas is eyeing a stake in Indian Oil Corp's Ennore liquefied natural gas terminal, a news report said.
Petronas’ decision to back out of a giant gas-export project on Canada’s Pacific Coast is the latest hit to the country’s energy sector -- and to Prime Minister Justin Trudeau’s plan of balancing energy exports and climate action.
Petronas' upstream unit has cancelled a contract with MHS Aviation for helicopter services involving EC 225 aircraft.
Malaysian energy firm Petronas is inviting bids worth about $1billion for a near-50% stake in an offshore gas block, a news report said.
Saudi Aramco has made its biggest downstream investment outside of the Kingdom.
Petronas said it is pushing ahead with plans to start operatins in 3029 despite Saudi Aramco ditching plans for the venture.
Nippon Oil & Energy Corp has said its venture with Petronas has started commercial operations at the LNG complex in Bintulu, Sarawak.