Iran’s giant oil discovery brings little material benefit under sanctions, says GlobalData   Following the recent announcement of a new…

Iran’s president: New oil field found with over 50B barrels   Iran has discovered a new oil field in the…

Alberta Throws Canadian Drillers A Lifeline   Oil producers in Alberta can drill new wells without being restricted by the…

Equinor sells Eagle Ford asset Equinor has signed an agreement to divest to Repsol its 63% interest in, and operatorship…

Weir Group Cut 450 US Jobs from Oil, Gas Division   The Weir Group, plc cut one-fifth of its oil…

Saudi Aramco IPO should be judged on its impact not its valuation, says GlobalData   Following the recent news that…

SBM Offshore awarded FEED contracts for ExxonMobil FPSO in Guyana   ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL)…

Nigeria: Total Planning to Sell $750 Million Stake in Major Nigerian Oil Block   Total is seeking to sell its…

Noble Energy completes stake acquisition in EMG Pipeline   Texas-based Noble Energy and its partners have completed the acquisition of…

Worley secures contract extension for BP’s North Slope operations   Worley revealed that it has secured a two-year contract extension…