In the face of falling oil prices, confidence in the outlook for the oil & gas industry has dropped dramatically among sector professionals from 65% to 28% in the last three months, according to new research published today by DNV GL.
Aminex in October 2014 announced a binding agreement to sell up to 13% of Kiliwani North Development Licence, offshore Tanzania, to Solo Oil plc for a total consideration of $7 million.
A strike by U.
Petrobras has confirmed the extension of the light oil and gas discovery, as announced on August 9, 2013, by drilling the third extension well in ultra-deep waters of Sergipe Basin’s Farfan area.
CNOOC Limited has announced that its Jinzhou 9-3 comprehensive adjustment project, in the Bohai Sea, off China, has started production.
EnQuest PLC, an independent oil and gas exploration and production company, has withdrawn from its small investment in Tunisia.
Chevron Corporation (NYSE: CVX) announced a $35.
Cuts being made across the offshore oil industry as a result of the falling oil price will compromise safety and lose key skills to the UK, the UK’s biggest union, Unite, has said.
Europe’s first and only oil and gas event focussing solely on topsides installations is set to take place at the Aberdeen Exhibition and Conference Centre (AECC) on 16th and 17th March 2016.
Eirik Raude semi-submersible drilling rig has begun its mobilization to the North Falkland Basin from West Africa.
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