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Oil & Gas

Rosneft, ExxonMobil expand Arctic shelf joint venture agreement

Russian oil major Rosneft and US multinational oil and gas company ExxonMobil have signed an agreement to expand their joint venture by adding seven additional blocks to develop oil and gas resources on Russia's Arctic shelf. ...

Sembcorp Marine unit to construct offshore topsides for Ivar Aasen field in North Sea

SMOE, a wholly-owned subsidiary of Sembcorp Marine, has received a contract worth SGD900m ($726m) from Norway-based Det norske oljeselskap, to build Process, Drilling and Quarters Platform (pdQ) Topsides for the Ivar Aasen development in the North Sea. ...

Gran Tierra Energy makes oil discovery in Peru

Gran Tierra Energy, a Canadian oil and gas exploration and production company, has made an oil discovery during the drilling of Bretaña Norte 95-2-1XD exploration well in Peru. The Bretaña Norte 95-2-1XD exploration well...

SOGAT 2013 will discuss the Future of Sour Gas Development in the Region

The development of sour gas fields in the UAE, in particular has become a priority given the requirements for more gas fired power stations, gas injection to boost oil production and the continuing development of the petrochemical sector....

Tethys Oil spuds onshore exploration well B4EW4 in Oman

Sweden-based energy company Tethys Oil has spud an onshore exploration well, B4EW4, in Oman and has encountered oil in four separate formations. The well on block 4 was drilled to a total depth of...

Matador Resources reports increase in total oil and gas reserves in 2012

  US-based energy company Matador Resources said its Eagle Ford shale play in South Texas, has total proved 10.5 million barrels of oil and 80 billion cubic feet (bcf) of natural gas or 23.8 million barrels of oil equivalent...

Lamprell to construct Super 116E offshore drilling rig in Singapore for Jindal Group

Lamprell, an engineering and construction services provider, has secured a contract from Singapore-based Dev Drilling, a Jindal Group company, to build and deliver an offshore drilling rig. Under the contract, Dubai-based Lamprell will construct...

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