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Oil Industry in Need of Fresh Blood for Development: Official
 

Oil Industry in Need of Fresh Blood for Development: Official

TEHRAN (Shana) -- An official with the National Iranian Oil Company (NIOC) said Iran’s oil industry needed new blood and fresh ideas for develop...

29 new licences on the Norwegian Continental Shelf
 

29 new licences on the Norwegian Continental Shelf

Equinor has been awarded 29 new licences by Norway’s Ministry of Petroleum and Energy as part of the Award in Predefined Areas (APA) for 2018 &n...

Investing NOK 2.3 billion to recover more oil from Gullfaks
 

Investing NOK 2.3 billion to recover more oil from Gullfaks

The Gullfaks partners have decided to drill seven new wells and thereby improve oil recovery by 17 million barrels with good profitability. On behalf ...

BP and Eni to agree to pursue major new exploration opportunity in Oman
 

BP and Eni to agree to pursue major new exploration opportunity in Oman

Agree to work together towards new agreement to explore 3,100 km2 onshore block Would build on BP’s major existing onshore activity and experi...

BP plans for significant growth in deepwater Gulf of Mexico
 

BP plans for significant growth in deepwater Gulf of Mexico

Appoval of major expansion at Atlantis field supports strategy of growing advantaged oil production around existing production hubs. Recent BP break...

ExxonMobil Makes Final Investment Decision to Develop West Barracouta Gas Project
 

ExxonMobil Makes Final Investment Decision to Develop West Barracouta Gas Project

Project to bring new gas supplies to Australian domestic market Front-end engineering design work completed, key contracts awarded Gas production ...

Shell announces sale completion of its New Zealand entities
 

Shell announces sale completion of its New Zealand entities

Royal Dutch Shell plc (Shell) has completed the sale of its shares in Shell entities in New Zealand, to OMV for $578 million. This includes the Māui, ...

BP receives OGA approval to develop Vorlich field in North Sea
 

BP receives OGA approval to develop Vorlich field in North Sea

New North Sea development targeting 30 million barrels of oil equivalent Part of BP’s programme to develop satellite fields through existing h...

BP receives OGA approval to develop Alligin field in North Sea
 

BP receives OGA approval to develop Alligin field in North Sea

New North Sea development targeting 20 million barrels of oil equivalent Part of BP’s programme to develop satellite fields through existing h...

BP starts-up Clair Ridge production
 

BP starts-up Clair Ridge production

Major UK North Sea development is sixth new upstream project to come on stream for BP in 2018. Targeting 640 million barrels of oil reserves; peak p...

BP announces sanction of Cassia Compression and Matapal gas projects in Trinidad
 

BP announces sanction of Cassia Compression and Matapal gas projects in Trinidad

BP Trinidad and Tobago (BPTT) today announced the sanction for two new gas developments offshore Trinidad, Cassia Compression and Matapal The Cassi...

Sonangol and BP agree to advance BP’s activities in Angola
 

Sonangol and BP agree to advance BP’s activities in Angola

Agree to progress new deepwater development, extend an existing production licence and explore further opportunities in Angola Angola’s Sonan...

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