Mon, 18 Sep 2017 14:37:08 CDT

This is while Hadi Nazarpour, the field's director, said in a statement last year that China Petroleum & Chemical Corporation (Sinopec) will retain its position as contractor of Yadavaran in the field's second phase....

Fri, 04 Aug 2017 05:31:15 CDT

In the past year, coal producer Peabody Energy Corp., oil and gas producer Ultra Petroleum Energy and oilfield service provider Basic Energy Services are among companies that have raised a combined $3.6 billion through rights offerings....

Thu, 27 Jul 2017 10:13:00 CDT

China National Petroleum Corporation ( CNPC ) and its partners in the Halfaya oilfield in southern Iraq have already started operations on the Phase 3 development after taking a final investment decision....

Tue, 18 Jul 2017 08:51:20 CDT

Panoro Energy ASA (Panoro) has announced that Pan Petroleum Gabon B.V. has approved the operator's proposed work programme and budget to move forward at full speed with the development of the Dussafu oilfields, offshore Gabon....

Sun, 16 Jul 2017 17:41:15 CDT

"The big kicker is even on a Bakken well, with the state, we can get a permit in 30 days for a horizontal well 10 days for vertical well," Alan Olson, executive director of the Montana Petroleum Association, said....

Thu, 13 Jul 2017 08:55:34 CDT

Norway's Petroleum Safety Authority (PSA) has given Aker BP consent to drill two wildcat wells in the North Sea at the Hyrokkin prospect. Aker BP consent to drill exploration wells 25/4-11 and 25/4-12, which is north of Alvheim....

Tue, 11 Jul 2017 14:15:12 CDT

Total (TOT +0.7%) says it plans to invest $3.5B over five years in Qatar's Al Shaheen oilfield, as the French company and Qatar Petroleum formally launch a joint venture company that will operate the giant offshore field....

Mon, 10 Jul 2017 10:02:33 CDT

Noway's Petroleum Safety Authority (PSA) has approved for Statoil to drill exploration well 7317/9-1 in the Barents Sea. The wildcat is in a prospect named Koigen Central, in production license 718, in which Statoil is the operator....

Fri, 07 Jul 2017 08:14:00 CDT

Lundin Petroleum has been given the go-ahead to drill a wildcat near its Filicudi discovery in the Barents Sea using an Ocean Rig semi-submerisble....

Mon, 03 Jul 2017 03:10:00 CDT

US operator Anadarko Petroleum has cancelled its contract for the deepwater Fred Olsen Energy drillship Bolette Dolphin almost one year ahead of schedule....

Mon, 03 Jul 2017 02:03:00 CDT

The contract was awarded by Belayim Petroleum Co. (Petrobel) , a joint venture between ENI IEOC and Egyptian General Petroleum Corporation (EGPC) , for a three-month drilling campaign to be led by ADES's offshore jack-up drill rig, ADMARINE 88.