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Latest Headlines

Trump administration to impose sanctions on all buyers of Iran oil
(4/23/2019) The US government administration of President Donald Trump has informed all buyers of Iranian oil to cease their purchases as of 1 May...

Diversified pays $400 million for HG Energy's Appalachia assets
(4/23/2019) Diversified Oil & Gas had signed a conditional agreement to acquire certain gas producing assets from HG Energy II Appalachia for a total of US$400 million...

MMA Offshore wins Woodside walk-to-work vessel contract
(4/23/2019) MMA Offshore has been contracted by Woodside Petroleum to provide accommodation and walk-to-work vessel services on its Australian assets...

BW Offshore extends offshore Brazil FPSO contract with Petrobras
(4/23/2019) BW Offshore has signed an agreement with Petroleo Brasiliero for a one-year extension to its lease and operation of BW Cidade de Sao Vicente...

TechnipFMC scores ConocoPhillips TOR II contract
(4/23/2019) TechnipFMC has been awarded a significant integrated engineering, procurement, construction, and installation contract from ConocoPhillips...

EMGS awarded multi-year major seismic acquisition contract
(4/23/2019) Electromagnetic Geoservices has received a letter of award for a multi-year call-off acquisition contract from one of the world's largest national oil companies...

Murphy acquiring LLOG US Gulf of Mexico deepwater assets
(4/23/2019) Murphy Oil subsidiary Murphy Exploration & Production Company has entered into a definitive agreement to acquire deepwater US Gulf assets...

Oceaneering takes delivery of subsea construction support vessel
(4/23/2019) Oceaneering International has taken delivery of the newly built advanced subsea construction support vessel, Ocean Evolution...

ET & Phillips 66 launch Bayou Bridge Pipeline open season
(4/23/2019) Energy Transfer and Phillips 66 Partners have launched a non-binding expansion open season for their Bayou Bridge Pipeline...

Northern buys US Williston Basin assets of VEN Bakken
(4/23/2019) Northern Oil & Gas has agreed to acquire the Williston Basin properties of VEN Bakken, formerly Valorem Energy, for approximately $165 million...
BP terminates West Capricorn semisub 3 months early
(4/22/2019) Seadrill Partners has advised that an early termination notice has been received from BP for the semisubmersible drilling rig West Capricorn...

Petronas Carigali contracts 4 Velesto jackups for Malaysian work
(4/22/2019) Velesto Energy has been awarded contracts for the provision of four jackup drilling rigs by the Petronas Carigali unit of Malaysia's Petroliam Nasional...

Keppel secures 2 contracts worth around S$160 million
(4/21/2019) Keppel Offshore & Marine subsidiaries, Keppel Shipyard Ltd and Keppel FELS Limited, have secured integration and upgrading contracts...

McDermott & Chiyoda ready for feed gas at Cameron LNG Project
(4/21/2019) McDermott International and partner, Chiyoda International announced today that Train 1 of the Cameron LNG Project is at commissioning stage...

Petrobras confirms Moita Bonita gas extension
(4/19/2019) Petroleo Brasileiro has completed the drilling of its well 3-SES-192/3-BRSA-1367-SES offshore Aracaju, Brazil in the area known as Moita Bonita...

DNV GL in UK extends contract for Dana Petroleum
(4/19/2019) DNV GL has secured a three-year contract across the Dana Petroleum operated assets on the United Kingdom Continental Shelf...

Four Qatar North Field LNG mega-trains EPC contracts up for bid
(4/19/2019) Qatar Petroleum has issued an invitation to tender package for engineering, procurement, and construction of the four liquefied natural gas mega-trains...
Socar completes drilling 1st of 2 planned Bangladesh wells
(4/19/2019) The State Oil Company of the Azerbaijan Republic has competed drilling of the first of two wells it committed to drill in Bangladesh in January...

Union Jack sells stake in UK PEDL143 to UK Oil & Gas
(4/19/2019) Union Jack Oil has conditionally agreed to sell its 7.5% interest in the UK onshore license PEDL143 to UK Oil & Gas subject to an agreement...

US rotary rig count down 10 more rigs this week to 1012
(4/19/2019) Baker Hughes has reported there were ten less rigs actively drilling in the United States rotary rig fleet this week, which lowered the rig count to 1012...

Mari Petroleum makes oil discovery in Pakistan's Punjab Province
(4/19/2019) Mari Petroleum Company and partner Pakistan Petroleum Limited have made an oil discovery with their exploratory well Dharian-I ST-3 in Rawalpindi...

 For more headlines, select from OGI Departments at top left
Another Perspective

Global discoveries on the rise

by Taiyab Zain Shariff, Rystad Energy

Oil and gas exploration is off to a flying start in 2019, with majors taking a bigger bite of the conventional resources discovered in the first quarter.
Global discoveries of conventional resources in the first quarter reached a robust 3.2 billion boe...⇒⇒⇒
Latest Editorials
Oil/Gas Prices & Analysis
Crude climbs ahead of long Easter weekend

(4/18/2019) Trade at the New York Mercantile Exchange (Nymex) and London's Intercontinental Exchange (ICE) saw crude futures rise somewhat due to both markets being closed tomorrow for the start of the Easter weekend....⇒⇒⇒
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