Exploration & Development

Technology service provider DMT has been awarded a contract for a high-resolution 3D vibro-seismic survey to determine the geological structure of the subsoil in the Upper Rhine Plain.…
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Exxon Mobil Corporation announced a new natural gas discovery in the Papua New Guinea North Highlands, 13 miles (21 kilometers) northwest of the Hides Gas Field. Interest owners are…
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Centrica has signed a five year Sales and Purchase Agreement (SPA) with Japanese utility JERA, the world’s largest buyer of liquefied natural gas (LNG). Under the terms of the SPA,…
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BP has sanctioned the Mad Dog Phase 2 project in the United States, highlighting its long-term commitment to the country despite the current low oil price environment. Mad Dog Phase…
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A new project for Norwegian energy company Statoil combines a suite of Honeywell technologies to enable remote onshore operation for an unmanned offshore platform in the North Sea.…
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On behalf of the licence, Centrica has submitted the Plan for Development and Operation (PDO) of the Oda field to the Ministry of Petroleum and Energy. The partnership will invest about…
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Centrica plc has agreed to sell its entire portfolio of gas assets in Trinidad and Tobago to Shell Exploration and Production for an initial cash consideration of $30 million (£24…
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BP announced that it has agreed to buy from Eni a 10% interest in the Shorouk concession offshore Egypt, which contains the super-giant Zohr gas field, for $375 million. On closing, BP…
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Lukoil has commissioned a facility for the treatment and gathering of oil, and a water-treatment unit at Yaregskoye field in the Republic of Komi, Russia. The capacity of the first…
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Ikkuma Resources has reported an operations update and its financial and operating results for the three months ended 30 September 2016. OPERATIONS UPDATE In October, the Corporation…
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