As of 24 February, Westwood Global Energy reports that there are two exploration wells, with one each in the NNS and SNS, and one appraisal well active in the CNS. Since the previous report, one exploration well has completed at Orlov.
China is looking for shipments of liquefied natural gas (LNG) into next summer, a move which could tighten global supply and steal shipments away from Europe.
The Prosperity FPSO will be the third of four FPSOs Keppel is undertaking for deployment in Guyana.
Cnooc (TSX: CNU) has paused a planned sale of its UK North Sea portfolio, which could have been valued at as much as $3 billion in a deal, according to people familiar with the matter.
Kingfisher will have around 20 production wells and 11 water injection wells, from four pads.
Shell (LON:SHEL) has signed a Joint Study Agreement with CNOOC, Guangdong Provincial Development and Reform Commission, and ExxonMobil (NYSE:XOM) for the Daya Bay carbon capture and storage (CCS) hub project in China.
Philippine oil and gas drillers tumbled Wednesday after the top court voided the nation’s 2005 deal with China and Vietnam to jointly explore for oil and gas in the South China Sea, less than a week after President Ferdinand Marcos Jr. agreed to revive similar talks with Beijing.
China National Offshore Oil Corp. pledged higher spending this year as Beijing looks to raise production to safeguard energy security and fuel a rebound in economic growth.
Equinor (OSLO: EQNR) is chewing over whether to make a play for a package UK North Sea assets currently owned by Suncor, according to reports.
Further North Sea oil and gas players are being tipped to up sticks next year as companies look to streamline their portfolios.
Production from Cnooc’s Golden Eagle is “lower than expected”, the result of “higher than anticipated rates of decline”.
China’s CNOOC is reportedly seeking a $2 billion sale of its assets in the US as sanction concerns ramp up.
Eni and CNOOC have submitted applications for areas up for grabs in Mozambique’s sixth licensing round.
A senior figure at oil giant Shell (LON: SHEL) has been appointed to the board of offshore drilling contractor Valaris (NYSE: VAL).
Some of the North Sea’s biggest companies have shared details of millions of pounds worth of upcoming operations and maintenance (O&M) work.
One of the top bosses at China’s CNOOC has refused to rule out a sale of its North Sea assets amid mounting speculation on its UK portfolio.
ExxonMobil has scored another two finds offshore Guyana its incredibly prolific Stabroek block.
The Baodao 21-1 gas-bearing structure is the first large-scale deep-water natural gas field in the South China Sea with proved gas in place of over 50 billion cubic metres, reported Chinese national oil company CNOOC Limited.
Norway’s Equinor is reportedly considering the purchase of UK oil assets held by Chinese state-backed operator CNOOC International, according to a Norwegian newspaper.
Cnooc Ltd said that net income probably more than doubled in the first nine months of the year, as China’s biggest offshore oil and gas driller continues to reap the benefit of higher energy prices.
Many women face the challenge of juggling motherhood with work during their careers; a task which can become even more difficult when you work for two weeks at a time offshore.
Upcoming tenders, worth millions of pounds, for operations and maintenance (O&M) work are now advertised on North Sea regulator’s website.
Cnooc Ltd more than doubled its first half profits from a year ago as China’s biggest offshore driller benefited from sky-high oil and gas prices.
With Suncor (NYSE: SU) and ONE-Dyas looking to sell off their UK portfolios, analyst firm Welligence has suggested the Buzzard hub may be an "appealing proposition" for a raft of key buyers.
Parkmead Group (LON: PMG) has launched a farm-out process for the Greater Perth Area (GPA) project in the Central North Sea.