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A service for energy industry professionals · Saturday, December 14, 2024 · 768,925,509 Articles · 3+ Million Readers
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Oil Exploration News Monitoring

  • Published on Dec 13, 2024

    Making hydrocarbon exploration bids attractive

    International Oil Companies (IOCs) did not respond to Petrobangla's invitation for participation in oil and gas exploration bidding in the Bay of Bengal offshore blocks. Earlier Petrobangla floated open tender for bidding on March 10, 2024. The …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on Dec 13, 2024

    ORLEN ramps up its exploration activity in Norway

    ORLEN Upstream Norway has reported notable achievements this year. The Polish company successfully completed six exploration and appraisal wells in 2024, four more than the previous year. One of the highlights of the company’s exploration activity in 2024 …

    Source: CEENERGYNEWS - Label Pending
  • Published on 02:00 GMT

    Shell sets its cap on enlarging US oil arsenal with subsea tie-back to Gulf of Mexico asset

    Shell Offshore, a subsidiary of the UK-headquartered energy giant Shell, has greenlighted another multi-well development project to enrich oil production from an asset lying in a water depth of about 2,450 meters (approximately 8,000 feet) in the U.S. Gulf …

    Source: Offshore Energy - Neutral
  • Published on 03:00 GMT

    Will north Florida oil well site become a land conservation purchase?

    Environmentalists may have scored a victory Friday in an effort to prevent oil and gas drilling along the environmentally fragile Apalachicola River in Calhoun County, 60 miles west of Tallahassee.  The Florida Acquisition and Restoration Council voted to …

    Source: Tallahassee Democrat - Florida - Label Pending
  • Published on 02:09 GMT

    Petrobras to Invest $2.7B to Modernize Offshore Support Vessel Fleet

      Petrobras announced plans for an investment of $2.73 billion as part of an effort to modernize its offshore support vessel fleet. The company looks to expand its capabilities while also enhancing the performance of its vessels. Contracts were signed for …

    Source: The Maritime Executive - Label Pending
  • Published on Dec 13, 2024

    Kosmos in early talks for Tullow Oil takeover

    A worker walks at a Tullow Oil explorational drilling site in Lokichar, Turkana County, Kenya, February 8, 2018. Picture taken February 8, 2018. REUTERS/Baz Ratner/File Photo Purchase Licensing Rights U.S. oil and gas company Kosmos Energy (KOS.N), …

    Source: Joy FM - Label Pending
  • Published on Dec 13, 2024

    Oil Bears May Rule In 2025 With Hedged Shale Drillers, Oversupplied Market

    Tugboats push the crude oil tanker Habrut to a reception terminal operated by Sinopec Group on ... [+] January 30, 2023 in Zhoushan, Zhejiang Province, China.VCG via Getty Images Many in the oil market are predicting a supply glut for the first half of …

    Source: Forbes - Neutral
  • Published on Dec 13, 2024

    Kosmos Energy Eyes Tullow Oil Acquisition

    Dec 13, 2024 © donvictori0 / Adobe Stock U.S. oil and gas company Kosmos Energy said on Thursday it was in early talks for an all-share acquisition of West Africa-focused Tullow Oil. Earlier in the day, Tullow addressed recent media speculation by …

    Source: Offshore Engineer News - Neutral
  • Published on Dec 13, 2024

    Aker BP Bites Dust Offshore Norway

    Dec 13, 2024 Deepsea Nordkapp drilling rig (Credit: Odfjell Drilling) Aker BP and its partners have drilled a wildcat well in the northern part of the North Sea, which proved to be dry. The well 34/6-7 S was drilled with Odfjell Drilling’s Deepsea …

    Source: Offshore Engineer News - Neutral
  • Published on Dec 13, 2024

    Namibians have N$148.3 billion deposited in the bank

    As of the end of September, Namibians (individuals and businesses) had deposited N$148.3 billion into different bank accounts. This is an increase of N$13.4 billion compared to the same time last year, according to to the Namibia Statistics Agency third …

    Source: The Namibian - Neutral
  • Published on Dec 13, 2024

    Tullow Oil confirms talks with Kosmos Energy over potential all-share takeover

    Kosmos Energy has confirmed that it is in “preliminary discussion” with Tullow Oil, an independent oil and gas exploration company, regarding a potential all-share takeover offer. The announcement follows recent media reports speculating about the deal. …

    Source: Offshore Technology - Neutral
  • Published on Dec 13, 2024

    American Kosmos Energy and British Tullow Oil are negotiating a merger

    AK&M 13 December 2024 18:05 American oil producer Kosmos Energy Ltd. and British Tullow Oil Plc have confirmed their participation in merger talks. This is reported in a press release from Kosmos Energy. The proposed deal is aimed at creating an Africa …

    Source: AK i M - Label Pending
  • Published on Dec 13, 2024

    Barite Market To Grow By USD 353.88 Million (2024-2028), Report On AI Redefining Market Landscape And Boost From Oil & ...

    (MENAFN- PR Newswire) NEW YORK, Dec. 13, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The global barite market size is estimated to grow by USD 353.88 million from 2024-2028, according to Technavio. The market is estimated to …

    Source: MENAFN - Uncategorized
  • Published on Dec 13, 2024

    New oil, gas reserves found in Khyber Pakhtunkhwa

    ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) on Friday announced the discovery of oil and gas reservoir in Khyber Pakhtunkhwa, ARY News reported . According to the Oil and Gas Development Company Limited (OGDCL), the new reserves were found …

    Source: ARY News - Label Pending
  • Published on Dec 13, 2024

    In November, there was a certain price stabilization in the global oil market

    AK&M 13 December 2024 13:03 In November, there was a certain price stabilization in the global oil market. Brent crude oil prices fluctuated in a rather narrow range of $73-75. This is stated in issue No. 1603 of the monthly bulletin "Branches of …

    Source: AK i M - Label Pending
  • Published on Dec 13, 2024

    Tullow Oil in takeover talks with US peer

    An embattled oil producer that was once a darling of the London market is in early stage takeover talks with an American peer that is also developing assets in west Africa. Tullow Oil has been approached by Kosmos Energy, a Texas-based oil and gas producer …

    Source: The Times - Center-right
  • Published on Dec 13, 2024

    Prime Minister Marape Announces Historic Initialing of Gas Agreement for Pasca Offshore Gas Project

    The Government of Papua New Guinea, has initialed a landmark Gas Agreement with Twinza Oil Ltd, the operator of the Pasca offshore gas project. This transformative agreement paves the way for the development of Papua New Guinea’s first offshore petroleum …

    Source: PNG Business News - Neutral
  • Published on Dec 13, 2024

    The Deadlock Over Kurdish Oil Exports Continues

    By Editorial Dept - Dec 13, 2024, 8:30 AM CST Politics, Geopolitics & Conflict The Iraqi parliament has delayed a decision on Kurdish crude oil exports until January, prolonging a year-long suspension of deliveries amid disputes over authority and …

    Source: Oil Price - Neutral
  • Published on Dec 13, 2024

    US oil & gas player pondering takeover of UK firm with initial talks underway

    U.S.-headquartered oil and gas exploration and production company Kosmos Energy is mulling over a potential acquisition of the UK-headquartered Tullow Oil, which is set on exploring oil and gas resources in Africa. FPSO Prof. John Evans Atta Mills …

    Source: Offshore Energy - Neutral

19 days 04:18:44

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