The Brazilian unit of France’s Engie SA seeks to sell its natural gas blocks in Brazil’s Bahia and Maranhao states as part of a global strategy to focus on renewable energy.
Source: Offshore
Engie Brazil Unit Seeks to Sell Bahia, Maranhao Natgas Blocks
{$excerpt:n}
Sembcorp Marine and its unit Jurong Shipyard have been served with summons in a legal suit filed by EIG Management in the U.S. over the latter’s $221 million investment in Sete Brasil.
Source: Offshore
Sembcorp Marine to Contest EIG Management's Claim in U.S. Legal Suit
{$excerpt:n}
AWE upgrades proved and probable (2P) reserves for the Waitsia gas field located onshore Western Australia by 93 percent to 344 billion cubic feet.
Source: Offshore
AWE Upgrades 2P Reserves for WA's Waitsia Field by 93% to 344 Bcf
{$excerpt:n}
Exxon Mobil Corp. may invest more than $10 billion in Argentina’s Vaca Muerta shale formation in the next decades, Chairman and Chief Executive Officer Rex Tillerson says.
Source: Offshore
Exxon CEO Says Argentina Shale Investment May Exceed B
{$excerpt:n}
Malaysia’s UMW Oil & Gas Corp. is teaming up with foreign partners for the first time to venture outside of Asia and predicts the slowdown that forced the company to idle most of its drilling rigs may be ending.
Source: Offshore
Malaysia's Most Battered Oil And Gas Stock Eyes Foreign Tie-Up
{$excerpt:n}
Santos and Quadrant Energy terminate the sale of Western Australia’s offshore Stag Oilfield to Malaysia’s Sona Petroleum.
Source: Offshore
Santos, Quadrant Terminate Sale of Stag Oilfield Off WA to Malaysia's Sona
{$excerpt:n}
Repsol continues drilling activities at Strickland 2 exploration well in Petroleum Retention License 269 in Papua New Guinea’s Highlands.
Source: Offshore
Repsol Continues Drilling at Strickland 2 Prospect in PNG's Highlands
{$excerpt:n}
Rosenberg WorleyParsons AS secures a contract for the fabrication of three bridges and two flare towers for the Johan Sverdrup project.
Source: Offshore
Rosenberg Secures Fabrication Contract for Johan Sverdrup
{$excerpt:n}
US crude oil exports rose to a record 591,000 barrels per day (bpd) in April compared with 508,000 bpd in March, according to data from the US Census Bureau.
Source: Offshore
US Crude Oil Exports Rose to Record 591,000 Bpd in April
{$excerpt:n}
Russia, the world’s top oil producer, plans to continue its consultations with OPEC and may hold a meeting with the group this autumn, Energy Minister Alexander Novak told reporters.
Source: Offshore
Russia to Maintain OPEC Relations, Plans Autumn Meeting
{$excerpt:n}
