Petrobras will cut its five-year investment plan by USD 32 billion, Brazil’s semi-public multinational energy firm announced on Tuesday. Read More
On January 13, Lapindo Brantas plans to resume natural gas drilling near Surabaya, the nation’s second-largest city, the Indonesian upstream… Read More
UK operator Premier Oil has awarded SBM Offshore the front-end engineering and design for Phase 1 of its Sea Lion… Read More
Italian firm Saipem and France’s Technip are in competition for a tender to build the USD 4-billion expansion to Russia’s… Read More
POSH Terasea has won a contract to move Shell’s Prelude FLNG, the largest offshore hydrocarbons facility ever built, from Korea… Read More
Wintershall Norge has begun drilling its first exploration well on licence PL611 in the Barents Sea, the Norwegian branch of… Read More
Bechtel completed all three of its LNG ventures on Curtis Island in northeastern Queensland, with the Australia Pacific LNG project… Read More
BP will slash around 4,000 upstream jobs globally, including 600 positions from its North Sea operations by the end of… Read More
The development of the South Pars oil and gasfields will be completed by March 2018, Iranian President Hassan Rouhani said… Read More
Pantheon Resources has hit pay while testing its oil well in Texas’ Eagle Ford, but was unable to get production… Read More
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