Stay up to date with the latest news and updates from the oil industry.
Mach Natural Resources has announced that it has closed the acquisition of certain interests in oil and gas properties, rights and related assets located in certain counties in Oklahoma from Paloma Partners.
The training centre in Aberdeen has achieved two additional OPITO global training accreditations, allowing the business to develop the skills and competencies of personnel working in lifting operations in other industries.
Colin Graham joins the business with nearly four decades of oil and gas industry experience across the North Sea, Middle East and Africa.
Subsea7 S.A. has announced the award of an extension of an existing frame agreement by bp, for subsea construction, inspection, repair and maintenance services (IRM), across bp’s North Sea assets.
This milestone is part of TGT’s major investment in a new technology hub slated for opening in Khalifa Economic Zones early 2024.
The project’s acquisition will start in Q1 2024.
Europa Oil & Gas has announced that it has acquired a 42.9% equity interest in Antler Global Limited via a US$3 million cash subscription for new ordinary shares in Antler.
Shell Offshore Inc, a subsidiary of Shell plc, today announced the final investment decision (FID) for Sparta, a deep-water development in the U.S. Gulf of Mexico.
Harbour Energy has noted operator Mubadala Energy’s announcement that the Layaran-1 well has made a significant gas discovery on the South Andaman licence (Harbour 20%), offshore North Sumatra, Indonesia.
Capricorn has entered into an agreement for the full settlement of the payment terms of its sale and purchase agreement with Waldorf Production UK PLC relating to the disposal of its previously held interests in the Catcher and Kraken fields.
During the fourth quarter, Aker BP experienced unplanned downtime at the Alvheim field due to technical issues. This has been resolved, and production is now restored.
DNO ASA has announced that gross production from its operated Tawke license in the Kurdistan region of Iraq continues to climb, with the December to date average approaching 90 000 bpd.