ExxonMobil Corp., as leader of the Mozambique Rovuma Venture (MRV), has let a contract to McDermott, through consortium with Saipem and China Petroleum Engineering and Construction Corp., for ...

Prio SA has agreed to acquire a 40% interest in Peregrino and Pitandola fields offshore Brazil. The agreement was signed with SPEP Energy Hong Konmg Ltd. and Sinochem International Oil (Hong Kong) Co.

To facilitate completion of the merger, Hess and Chevron have agreed that Hess chief executive officer John Hess will not be appointed to the Chevron board of directors.

The US Bureau of Land Management (BLM) received only four bids on two parcels during its Sept. 25 lease sale in Wyoming, leaving industry leaders concerned about the future ...

Equinor has let a contract to Aker Solutions ASA as part of the Troll Phase 3 stage II modification project aimed at accelerating production from the Troll West gas ...

Springfield Group will test the Afina-1x well on West Cape Three Points Block 2 offshore Ghana after signing an agreement for the Deepsea Bollsta drilling unit.

Petronas Abu Dhabi Sdn Bhd was granted a new oil and gas exploration concession within the Al Dhafra region of Abu Dhabi.

Canada's rig count increased by 7 rigs to 218 rotary rigs working for the week ended Sept. 27, according to Baker Hughes data. That compares with 191 rigs working this time a ...

Tom Seng, EdD, provides a weekly analysis of oil and gas markets. Dr. Seng is Assistant Professor of Professional Practice in ...