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Latest Extraction Update
Exploration and production firm Oyster Petroleum has agreed to acquire a...
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Eni partners Sonangol for Angola projects
Eni and Sonangol have signed an agreement to jointly develop oil and gas projects offshore Angola.The firms will establish a team to study the potential of the non-associated gas...
Saudi Aramco's oil resources to grow to 900 billion barrels by 2025
Saudi Aramco expects to have 900 billion barrels of oil resources by 2025, up from the current 790 billion barrels, a company executive has said.
TOTAL sells stake in Shah Deniz field
TOTAL has sold its 10% stake in the Shah Deniz field and South Caucasus pipeline to the state-owned Turkish Petroleum (TPAO) for $1.5 billion.
Petrobras announces seventh Prorefam round
Petrobras president Maria das Graças Silva Foster and the director of exploration and production José Formigli have announced the start of the seventh round of the fleet renewal plan...
New Petrobras well comes on-stream in Sapinhoá field
Petrobras has announced that well 9-SPS-77 in the pre-salt Sapinhoá Field in the Santos Basin came on-stream on 18 February.
Talisman Energy produces oil from HST/HSD development
Canada-based Talisman Energy has started oil production from its Hai Su Trang and Hai Su Den (HST/HSD) development offshore Vietnam.