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Oil and gas news
436 posts
ExxonMobil to quit Aera Energy joint venture in California
ExxonMobil said that its affiliates have agreed to divest all of the company’s interests in the Aera oil-production…
Schlumberger to form subsea production JV with Aker Solutions and Subsea 7
Schlumberger has agreed to create a joint venture (JV) with Aker Solutions and Subsea 7 with the objective…
FAR Ltd takes full ownership of Blocks A2 and A5 in Gambian waters
FAR Ltd has taken full ownership of Blocks A2 and A5 in Gambian waters after its fully-owned subsidiary…
Termokarstovoye field : TotalEnergies to sell 49% stake to Novatek
TotalEnergies has signed a final sale and purchase agreement to divest its 49% stake in Terneftegaz, the operating…
Devon Energy signs $1.8bn deal to acquire Eagle Ford-focused Validus Energy
Devon Energy acquisition of Validus Energy : Devon Energy, an oil and gas producer focused on the Delaware…
Serinus Energy begins drilling of Canar-1 well in Carei Basin, Romania
Serinus Energy said that it has started the drilling of the Canar-1 exploratory well in the onshore Carei…
Prospector 5 jack-up drilling rig : Borr Drilling to win $69m contract
Borr Drilling said that it has been issued a binding letter of intent (LOI) for providing its Prospector…
Europa Oil & Gas closes farm-in deal for Serenity discovery in UK North Sea
Europa Oil & Gas has closed the previously announced farm-in deal with i3Energy for a 25% stake in…
Baker Hughes signs deal to sell Russian oilfield services business
Baker Hughes has reached an agreement to divest its Russian oilfield services business (OFS Russia) to its local…
Shelf Drilling secures three-year ONGC contract for C.E. Thornton jack-up rig in Mumbai High
Shelf Drilling wins a three-year ONGC contract for the C.E. Thornton jack-up rig in Mumbai High, starting Q2 2023. Learn how it fits India’s offshore strategy.