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Prumo Logistica firms up financing, appoints board
Company clears lender requirements, reveals board appointments including former Petrobras chief Pedro ParenteOnline upstreamonline.com 46 minutes old
CNPC-led consortium hits big oil with South Sudan probe
Oil minister cited as saying the discovery, near the Adar field, holds 300 million barrels of oil.Online upstreamonline.com 2 hours old
Construction restart for TMX
Developers issue notices to proceed for construction of long-awaited lineOnline upstreamonline.com 2 hours old
H2O Midstream in Permian water deal
Oilfield water firm acquires Sabalo Energy's produced water assetsOnline upstreamonline.com 5 hours old
Companies make $159m in high bids at Gulf sale
BHP, Equinor, Anadarko (now Occidental) among active bidders along with supermajors and independentsOnline upstreamonline.com 6 hours old
Rosneft hopeful on fresh Priobskoye tax breaks
Russian oil giant optimistic of gaining approval for tax concessions on West Siberia development from JanuaryOnline upstreamonline.com 6 hours old
Buhari raises 'Chief Sam' to oil portfolio
Former Bayelsa State governor Timipre Sylva appointed Minister of State for Petroleum ResourcesOnline upstreamonline.com 7 hours old
Adnoc awards $3.6bn ‘smart procurement’ deals
State-owned player inks contracts for the procurement of casing and tubing with Tenaris, Vallourec and MarubeniOnline upstreamonline.com 7 hours old
Pembina in $3.3bn Kinder Morgan deals
Canada's Pembina Pipeline has agreed to buy smaller rival Kinder Morgan Canada and the US portion of the Cochin pipeline for C$4.35 billion (US$3.28 billion), bulking up its storage resources in Canada. Producers in Canada's Alberta oilfields are storing more oil locally due to a shortage of transport options and the Cochin pipeline currently carries US condensate into the region to dilute the heOnline upstreamonline.com 7 hours old
Eni steps on gas at Zohr
Massive gas field off Egypt passes planned plateau output level on course for 3.2 Bcf by year-endOnline upstreamonline.com 7 hours old
Chevron to study Lower Congo acreage
US player secures study rights over Block 33, just two months after signing a similar deal on Block 34Online upstreamonline.com 9 hours old
Too early to make claims on UK shale: explorers
‘Wait and see’ says shale explorer after reports suggests resources in the UK may be smaller than previously estimatedOnline upstreamonline.com 12 hours old
Total warned after North Sea workers exposed to toxic gas
Low levels of hydrogen sulphide detected on Alwyn North platform in North Sea in JuneOnline upstreamonline.com 12 hours old
EG hands out contracts for LNG project
Local company chosen to lead construction of regasification plant at Akonikien PortOnline upstreamonline.com 13 hours old
BPC in talks for Bahamas rig
Framework agreement entered into with Seadrill as it targets drilling next yearOnline upstreamonline.com 14 hours old
Rosneft capex up in second quarter
Russian giant spends more on domestic and international developments, but year-on-year spending downOnline upstreamonline.com 14 hours old
Aker bags Dalma umbilicals award
Norwegian contractor gains first subsea contract with Adnoc and in Persian Gulf with deal for sour gas field off UAEOnline upstreamonline.com 14 hours old
Equinor confirms Argentina farm-in
Norwegian player joins YPF at block in the offshore North Argentinean basinOnline upstreamonline.com 15 hours old
Brent rises above $60
Prices rise on larger than expected drop in US crude inventoriesOnline upstreamonline.com 15 hours old
Manora development campaign wraps up
Three well campaign completed at Gulf of Thailand oilfield to boost outputOnline upstreamonline.com 18 hours old
Crux field equity open to offers
Australian joint venture partner testing buyer interest in its 15% interest in offshore gas fieldOnline upstreamonline.com 18 hours old
Hibiscus wraps up St Joseph drilling
Completion of infill programme at field off Sabah comes as company also posts rise profitsOnline upstreamonline.com 18 hours old
Resource boost for Project Range
Successful four-well campaign leads to increase in estimated contingent resourcesOnline upstreamonline.com 19 hours old
Worley books rise in profits
Revenues get boost from recent $3.2 billion ECR acquistion from Jacob EngineeringOnline upstreamonline.com 20 hours old
Murphy cleared for more Mexico exploration
US independent weighing three types of prospects as it plans return to Salina basin in 2020Online upstreamonline.com 22 hours old
Mexico clears Teekit, Cibix plans
One offshore, one onshore field adding to fields designed to reboot productionOnline upstreamonline.com 22 hours old
Equinor sizes up seabed minerals
Norwegian operator developing new seismic technology to target deposits on sea floorWeekly upstreamonline.com 23 hours old
Alberta extends cuts through 2020
Oil-rich Canadian province also raises base limit for curtailment to 20,000 bpdOnline upstreamonline.com 24 hours old
Oil steadies on easing trade tensions
US inventories expected to show a 1.9 million-barrel drop in crude stocks on WednesdayOnline upstreamonline.com 24 hours old
Bidding activity lower for US Gulf sale
Activity from explorers down from March sale but comparable with year-ago offeringOnline upstreamonline.com 24 hours old
In-situ burn scheduled for Louisiana spill
No impacts to wildlife reported in spill discovered last weekOnline upstreamonline.com 20 Aug 19:51 GMT
Kayne commits $100m for upstream deals
US investment firm forms new company to acquire undeveloped acreage in North AmericaOnline upstreamonline.com 20 Aug 17:17 GMT
BHP in deal to sell Samurai in US Gulf
Australian player opts not to continue with development of find in Green CanyonOnline upstreamonline.com 20 Aug 17:08 GMT
Baker Hughes awarded Calcasieu Pass work
Venture Global announced a financial investment decision on the $5.8 billion project on MondayOnline upstreamonline.com 20 Aug 17:00 GMT
BHP hits at second Trion appraisal
Australian player reports positive result at second well to delineate Pemex discovery in Perdido fold-beltOnline upstreamonline.com 20 Aug 16:42 GMT
Aker Energy further extends option deal on FPSO
Norwegian operator now has access to Ocean Yield's Dhirubhai FPSO until end of 2019Online upstreamonline.com 20 Aug 15:56 GMT
Quintana sells conventional pressure pumping assets
US energy services firm set to focus on shale operationsOnline upstreamonline.com 20 Aug 15:34 GMT
Oil Search files Pikka plan with Alaska authorities
Australian player's 120,000 barrel per day oil project plan out for public comment until next month.Online upstreamonline.com 20 Aug 15:16 GMT
Permian players fight Cactus II tariff surcharge
ConocoPhillips and Encana ask regulators to reject proposal to offset steel tariff costsOnline upstreamonline.com 20 Aug 14:46 GMT
Oil falls but losses capped by hopes of easing trade tensions
Oil prices fell on Tuesday on persistent concerns over future demand, but losses were capped by optimism US-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible economic slowdown. Brent crude was down 51 cents at $59.23 a barrel by 1:39pm GMT, while US crude was down 73 cents at $55.48 a barrel. Both contracts had traded in positive territoryOnline upstreamonline.com 20 Aug 14:06 GMT
KrisEnergy gets more time with moratorium
Singapore-based player to return to court on 9 September, gaining some breathing space with its financesOnline upstreamonline.com 20 Aug 11:12 GMT
DOF wins work amid debt woe
Oslo-listed offshore vessel player gains AHTS charters but struggling to find refinancing solution after Q2 lossOnline upstreamonline.com 20 Aug 09:35 GMT
Providence targets finance options deadline
Irish player will need alternative funding arrangements in place by late next month if Apec cash remains elusiveOnline upstreamonline.com 20 Aug 08:28 GMT
Smart Dolphin’s rig leap of faith
Revamped contractor goes against market tide for modern tonnage by keeping older rigs in the swimOnline upstreamonline.com 20 Aug 08:09 GMT
Seadrill ditches Dalian jack-ups
Rig giant cuts newbuild liabilities at Chinese yard as it narrows loss in Q2 amid continued fleet lay-upsOnline upstreamonline.com 20 Aug 07:35 GMT
Wood returns to profit
UK company also announces sale of nuclear business to Jacobs for £250 millionOnline upstreamonline.com 20 Aug 07:13 GMT
Rosneft posts production rise
Russian giant sees liquids and gas output increase year-on-year in first half, with Zohr flows nearing capacityOnline upstreamonline.com 20 Aug 07:00 GMT
Equinor makes find at Sputnik
Wildcat hits pay about 30 kilometres from the 440 million barrel Wisting discoveryOnline upstreamonline.com 20 Aug 06:28 GMT
Aker BP comes up dry with Vaagar probe
Norwegian Sea wildcat fails to uncover payOnline upstreamonline.com 20 Aug 05:41 GMT
Wizard Lake fracking campaign starts
Point Loma joint venture kicks off 35-stage fracking programme at Rex-2 wellOnline upstreamonline.com 20 Aug 03:56 GMT
Yinson's first Malaysian FPSO sets sail
Vessel en route from China to field off SarawakOnline upstreamonline.com 20 Aug 03:18 GMT
Papua LNG partners want quick resolution
JV is hoping that discussions in Singapore lead to solution by end-AugustOnline upstreamonline.com 20 Aug 03:02 GMT
Profits fall for Monadelphous
Record revenues from maintenance and industrial service division not enough to boost bottom lineOnline upstreamonline.com 20 Aug 02:55 GMT
Oil Search posts jump in profits
Rising output and higher LNG prices help lift resultsOnline upstreamonline.com 20 Aug 02:05 GMT
Senex returns to profit
Aussie player back in the black on higher revenues and lower one-off costsOnline upstreamonline.com 20 Aug 01:39 GMT
BHP pays record dividend
Payout for shareholders as company posts a rise in profitsOnline upstreamonline.com 20 Aug 00:42 GMT
Oil rises 2% after attack on Saudi field
Prices also helped by easing US-Chinda trade war tensionsOnline upstreamonline.com 19 Aug 23:00 GMT
Cameron LNG enters commercial service
First train at Sempra-operated facility in Louisiana starts upOnline upstreamonline.com 19 Aug 21:21 GMT
Gate lands King's Quay commissioning job
Company to provide services for new floater in Green Canyon areaOnline upstreamonline.com 19 Aug 20:57 GMT
Sinopec seeks buyers for Montney assets
State-run Chinese player places Canadian shale properties on marketOnline upstreamonline.com 19 Aug 19:23 GMT
Venture Global greenlights Calcasieu Pass LNG
Full-site construction at Louisiana facility began in FebruaryOnline upstreamonline.com 19 Aug 17:38 GMT
First production for Freeport LNG
First train at privately held facility on schedule to begin commercial service in SeptemberOnline upstreamonline.com 19 Aug 16:42 GMT
New spill at Hibernia platform off Canada
The 220,000-barrel-per-day platform was recently shut in following 17 July spillOnline upstreamonline.com 19 Aug 16:04 GMT
Oil up after drone attack on Saudi field
Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemen's Houthi forces and as traders looked for signs of progress in US-China trade negotiations. Price gains were, however, capped to some degree by an unusually downbeat Opec report that stoked concerns about growth in oil demand. Brent crude, the international benchmark for oil prices, was up 85 cents, or abOnline upstreamonline.com 19 Aug 14:03 GMT
Petrofac in Absheron win
UK-based contractor to provide services to support gas condensate field development off AzerbaijanOnline upstreamonline.com 19 Aug 10:26 GMT
DNO looks to reopen Oselvar
Shut-down field off Norway set for new lease of life as plans in works to exploit additional resourcesOnline upstreamonline.com 19 Aug 08:50 GMT
BOEM gives Equinor nod for $965m Shell Caesar-Tonga deal
Norwegian player gets US approval to complete stake purchase for Gulf of MexicoOnline upstreamonline.com 19 Aug 08:07 GMT
Aramco facility hit by ‘terrorist’ drone attack
Houthi forces said to have claimed responsibility for assault on NGL plant which led to fireOnline upstreamonline.com 19 Aug 07:24 GMT
Conrad secures rig for Indonesian campaign
COSL-owned jack-up to be used for two well campaign at the Mako gas fieldOnline upstreamonline.com 19 Aug 06:44 GMT
Lundin makes small North Sea find
Norwegian wildcat hits pay but is estimated to only hold a small volume of oilOnline upstreamonline.com 19 Aug 05:50 GMT
Fire at Keppel Nantong Shipyard
No injuries reported in fire which damaged under construction LNG vesselOnline upstreamonline.com 19 Aug 03:54 GMT
Oil rises after Saudi oilfield attack
Drone attack over the weekend stokes pricesOnline upstreamonline.com 19 Aug 03:46 GMT
Armour to drill Kincora wells
First of two wells to spud at Queensland project next monthOnline upstreamonline.com 19 Aug 02:49 GMT
BW gets greenlight for Brazilian deal
Norwegian set to take 100% ownership in offshore heavy oilfieldOnline upstreamonline.com 19 Aug 02:11 GMT
PSC partners launch Timor-Leste counter claim
Oilex and partners seeking compensation over 2015 cancellation of Timor Sea PSCOnline upstreamonline.com 19 Aug 01:05 GMT
Shell learns from Prelude challenges
Prelude boss discusses learnings from mega FLNG project off AustraliaOnline upstreamonline.com 19 Aug 00:05 GMT
Worley wins Indian deep-water gig
Reliance Industries hands out project management services contract for MJ fieldOnline upstreamonline.com 18 Aug 23:58 GMT
Beach books record profit
Australian player also increases output outlook for next five yearsOnline upstreamonline.com 18 Aug 23:44 GMT
Oil rises but downbeat Opec outlook caps gains
Opec+ agreed to extend oil output cuts until March 2020 back in JulyOnline upstreamonline.com 16 Aug 22:14 GMT
Husky resumes production at White Rose
Output to ramp up to 20,000 barrels per day by early next week, Husky saidOnline upstreamonline.com 16 Aug 20:42 GMT
US drillers add six oil rigs
Number of active natural gas rigs declines by four to 165Online upstreamonline.com 16 Aug 18:55 GMT
Oil spilled off Louisiana
An estimated 200-foot by 600-foot area of marshland impacted by releaseOnline upstreamonline.com 16 Aug 16:14 GMT
Wyoming lease sale set for December
Recent lease sale in June raised more than $22 millionOnline upstreamonline.com 16 Aug 16:10 GMT
Low bidder emerges for Petrobras flotel job
Aquarius Brasil flotel set to win three-year contract with Petrobras, with final offer of $54mOnline upstreamonline.com 16 Aug 14:17 GMT
NNPC to test ex-Shell gas find in Nigeria
State-owned player's subsidiary Frontier contracts Halliburton for drillstem test on Kolmani River-2Online upstreamonline.com 16 Aug 13:03 GMT
Oil edges up on easing recession fears
Crude oil prices rose on Friday, recovering from two days of declines, after data showing a rise in US retail sales helped to ease concerns about a recession in the world's biggest economy. Brent crude was up 38 cents at $58.61 a barrel at 11:36am GMT, after falling 2.1% on Thursday and 3% the previous day. US crude was 18 cents higher at $54.65 a barrel, having dropped 1.4% in the previous sessiOnline upstreamonline.com 16 Aug 12:39 GMT
Vaalco extends FPSO deal off Gabon
US player to hold onto BW Offshore unit on Etame Marin licence for one more year, with short shutdown imminentOnline upstreamonline.com 16 Aug 12:19 GMT
Kosmos bags Maersk rig for EG wildcat
Dallas-based player signs up for Danish owner’s drillship for upcoming S-5 probe off Equatorial GuineaOnline upstreamonline.com 16 Aug 11:11 GMT
PGNiG to drill Shrek well
Polish player to drill well 6507/5-9 S using Deepsea Nordkapp semi-submersibleOnline upstreamonline.com 16 Aug 10:49 GMT
Seadrill gets slice of NFE action off Qatar
Rig owner teams up with Gulf Drilling in joint venture to drill on massive North Field Expansion projectOnline upstreamonline.com 16 Aug 07:07 GMT
Ruvuma farm-out deadline extended
Aminex still waiting on approval from Tanzanian government to completed deal with ARA PetroleumOnline upstreamonline.com 16 Aug 06:44 GMT
Dialog gives positive outlook as profits rise
Lower costs help offset fall in revenue for Malaysian service providerOnline upstreamonline.com 16 Aug 03:38 GMT
MISC upbeat about floating production
Malaysian giant sees floater opportunities in Atlantic basin and South-East AsiaOnline upstreamonline.com 16 Aug 02:47 GMT
OceanMight busy with Malaysia orders
Sarawak-based fabricator has a number of ongoing construction projectsOnline upstreamonline.com 16 Aug 02:43 GMT
Oil deepens slide on recession fears
US-China trade threats also lead to price dropOnline upstreamonline.com 15 Aug 22:38 GMT
Utgard boost for Equinor
Norway's Equinor has received regulatory approval to start production from the Utgard field in the North Sea. The cross-border gas and condensate field is a two-well subsea development tied back to the Equinor-operated Sleipner T platform 21 kilometres away. It has reserves of about 56 million barrels of oil equivalent, including 2.7 billion cubic metres of gas. Equinor and partners Lotos andWeekly upstreamonline.com 15 Aug 22:00 GMT
Oil shows for Shell off Brazil
Shell has reported hydrocarbon shows on its South of Gato do Mato wildcat in Brazil's pre-salt province, potentially boosting the materiality of an earlier discovery of natural gas and light oil on an adjoining concession.Weekly upstreamonline.com 15 Aug 22:00 GMT
KrisEnergy woes mount
Cash-strapped independent KrisEnergy has applied to the Singapore High Court for a six-month moratorium during which no resolution will be passed to wind up the company or no receiver be appointed. KrisEnergy wants to commence a court-supervised process to reorganise its liabilities alongside the moratorium against enforcement actions and legal proceedings by its creditors. Options being consideWeekly upstreamonline.com 15 Aug 22:00 GMT
Cairn charters rig for Duncan
Cairn Energy has chartered the semi-submersible Island Innovator to drill a wildcat on its Duncan prospect in the Norwegian North Sea. The Island Drilling-owned rig is set to spud the well in production licence 880 in the second quarter of next year. No dayrate was disclosed, but the rig is estimated to be earning $210,000 a day for the firm charter, according to Bassoe Analytics.Weekly upstreamonline.com 15 Aug 22:00 GMT
Murphy marches ahead with King's Quay plans
US independent gives go-ahead to inherited standalone deep-water greenfield projectWeekly upstreamonline.com 15 Aug 22:00 GMT