Tullow takes stake in Comoros offshore blocks

Tullow Oil agreed with Discover Exploration to farm into three blocks offshore Comoros while taking operatorship...

McDermott awarded Shell subsea contract for Great White Frio

McDermott wins subsea contract from the exploration and production unit of Shell for the Great White Frio development in the U.S....

Subsea 7 awarded contract extension offshore UK

Subsea 7 was awarded a three-year extension of an existing frame agreement, with seven North Sea clients for diving support...

DNO makes buyout offer for Faroe Petroleum

Norway’s DNO said it has offered to buy out Faroe Petroleum for 152 pence per share in cash, valuing the London-listed company at...

Total acquires Brazil’s fuel distributor Zema Petróleo

Total agrees with Brazil’s Grupo Zema to acquire its fuel distributor, reseller and retailer arm as well as its importation...

East-Timor to buy Shell’s stake in Greater Sunrise fields

East-Timor has agreed to purchase Shell’s interest in the Greater Sunrise natural gas fields off the northern coast of Australia...

Chevron produces first oil from Gulf of Mexico Big Foot project

Chevron-operated Big Foot deepwater project in the U.S. Gulf of Mexico has started crude oil and natural gas production, the U.S....

McDermott confirms Petrobras EPCI contract

McDermott International said it was awarded a contract by Petrobras for a natural gas pipeline project to support the Santos basin...

Russia’s Novatek discovers gas in Nyakhartinskoye

Russian independent producer Novatek said it achieved commercial flows of natural gas from the newly discovered Nyakhartinskoye...

Total signs MoU with Papua New Guinea on gas agreement

Total and partners ExxonMobil and Oil Search agreed with Papua New Guinea on key terms of the gas deal for an LNG Project...