Offshore Oil & Gas News

Eni signed two new concession agreements for the North El Hammad and North Ras El Esh, located in the shallow waters in Egyptian Mediterranean Sea, as a result of the EGAS 2015 international bid round.

Eni signs concession agreements for two new exploration blocks in the Egyptian Med...

Dec 28, 2016

Eni signed two new concession agreements for the North El Hammad and North Ras El Esh, locate...

Brazil's state-owned oil company Petrobras says it will sell $2.2 billion worth of assets to French energy company Total S.A.

Brazil's Petrobras to sell assets to France's Total

Dec 22, 2016

Brazil's state-owned oil company Petrobras says it will sell $2.2 billion worth of assets to ...

The first explorations in the 1970s indicated that this was a significant oil and gas reservoir; however, at the time the field was expected to run out not long into the new millennium. Today, the production horizon stretches towards 2040.

30 years of Gullfaks oil

Dec 22, 2016

The first explorations in the 1970s indicated that this was a significant oil and gas reservo...

President Barack Obama on Tuesday designated the bulk of U.S.-owned waters in the Arctic Ocean and certain areas in the Atlantic Ocean as indefinitely off limits to future oil and gas leasing.

Obama bans future oil leases in much of Arctic, Atlantic

Dec 21, 2016

President Barack Obama on Tuesday designated the bulk of U.S.-owned waters in the Arctic Ocea...

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Oil & Gas Wire News

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FluidOil Limited: Heavy oil upgrading technology test programme

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