Statoil has been awarded blocks 1 and 3 in the Saline Basin in the Deepwater exploration tender in the Mexican Round 1.
read more... 07/12/2016
BP has given the go-ahead for the $9bn Mad Dog 2 oil project in the US Gulf of Mexico despite a slump in oil prices.
read more... 02/12/2016
British utility Centrica declared on Wednesday it has settled to vend its gas assets in Trindad and Tobago for $30 million to Royal Dutch Shell.
read more... 01/12/2016
Danish companies Maersk and Dong Energy envisage a $10 billion merger of their oil and gas operations to shore up their defenses against low oil prices.
read more... 29/11/2016
Swedish energy company Lundin Petroleum said on Tuesday it discovered more oil and gas reserves at an existing field in the Norwegian Barents Sea.
read more... 23/11/2016