Suriname's Staatsolie needs to secure an unprecedented $1.5 billion in bank financing this year to ensure it can participate ...

The National Oil Spills Detection and Response Agency, NOSDRA, has confirmed that it has received a report of an oil spill incident at Obololi, Southern Ijaw Local Government Area of Bayelsa.

Petronas signed two production sharing contracts for exploration blocks in the waters of Sabah, the last leases awarded by ...

UK supermajor BP is in the market for a jack-up drilling rig for its Tangguh UCC project in Indonesia, which is the next ...

Petrobras starts production at Buzios 7, the company's sixth project in the Buzios oilshore offshore Brazil, expected to ...

Diversification is a lengthy and costly process, requiring investment in infrastructure, for example building new pipelines and liquefied natural gas (LNG) terminals. However, the EU and its countries ...

Ed Miliband risks destroying the UK’s reputation if he blocks Britain’s two biggest offshore oil and gas developments, the boss of energy giant Equinor has warned. Anders Opedal, the chief ...

Oman’s Ministry of Energy and Minerals has announced a competitive bidding round for oil and gas exploration in three key concession areas: Block 43A, Block 66 and Block 36. Interested investors are ...

- New joint venture Arcius Energy 51% owned by bp and 49% by XRG, ADNOC's international investment arm ...

Oman's Ministry of Energy and Minerals has announced a competitive bidding round for oil and gas exploration in three key concession areas: Block 43A, Block 66 and Block 36. Interested investors ...

Muscat – Oman’s Ministry of Energy and Minerals has announced the launch of a new bidding round for the exploration and development of three onshore oil and gas blocks. The bidding round, unveiled on ...

DUBAI, Feb 4 (Reuters) - Oman has invited investors to bid to explore for oil and gas in three concession areas ... The three onshore concessions are Block 43A, Block 66 and Block 36, the ministry ...