Velda
Addison
Hart Energy
Geology Lessons Could Hold Key To Success Offshore Guyana, Suriname
Geologist provides food for thought as companies target the Guyana-Suriname Basin following the Exxon Mobil-led winning streak.
BW Offshore Open To Solutions Offshore Namibia
The operator of a long-stalled project remains optimistic and patient as the area attracts major players such as Exxon Mobil and Total.
Uganda Launches Second Round Of Competitive Bidding For Oil Blocks
Uganda launched its first oil block auction in 2015, covering six exploration areas measuring 2,674 sq km.
China’s CNODC To Buy 10% In Novatek’s Arctic LNG 2
China National Oil and Gas Exploration and Development Co. (CNODC) has signed a binding agreement with Russia’s Novatek to buy a 10% stake in the Arctic LNG 2 project, Novatek said on April 25.
Israel Electric Agrees To Interim Natural Gas Deal With Leviathan Field
State-run Israel Electric Corp. (IEC) has chosen the Leviathan gas field off Israel's Mediterranean coast for a short-term natural gas supply deal, saying it would lower its costs by up to $175 million.
Algeria Amends Hydrocarbon Law To Attract Foreign Investors
The first circulated draft of the much anticipated hydrocarbon law in Algeria, has shown that the government has loosen up the law in a move that aims to attract more foreign investors to the energy sector in Algeria. The question is, will it be passed amid contentious political transition?
ADNOC Awards Japan’s Inpex Corp. Onshore Exploration Concession
Abu Dhabi National Oil Co. (ADNOC) awarded Japan’s Inpex Corp. an onshore exploration concession in Abu Dhabi's competitive block bid round, ADNOC said in a statement on March 17.
Pakistan To Offer Gas Fields To Foreign Explorers, Investors
More than 30 onshore gas blocks have been identified and Pakistan's government plans to auction a large chunk of them in one or two licensing rounds by the end of 2019.
Ultra Petroleum Fills Out Executive Team With Brad Johnson As CEO
Rockies oil and gas producer Ultra Petroleum’s recruitment of a new senior management team follows an agreement with its largest shareholder to pursue value-maximizing strategies.
Pemex Partners To Invest $250 Million In Two Onshore Blocks In Mexico
Two JV partners of Mexico's state-run oil company Pemex will invest a combined $250 million in two projects over the next four years as they aim to quickly ramp up crude output.