News / International
Tullow takes aim off French Guiana
UK independent Tullow Oil will start drilling the first oil and gas exploration well off French Guiana in March, according to the company's exploration director Angus McCoss. ENI Ireland Announces Deepwater Offshore West Ireland Opportunities
Eni is offering its entire Ireland exploration portfolio (preferably as a package) for Qualified Operators and Joint Ventures, willing to take over Operatorship and Partnership. BP to Sell Package of UK Upstream Assets
BP announced the intention of selling its interests in a number of operated oil and gas fields in the UK. The assets involved are the Wytch Farm onshore oilfield in Dorset and all of BP's operated gas fields in the Southern North Sea, including associated pipeline infrastructure and the Dimlington terminal. Po Valley awarded 2 new gas exploration licences in Italy
Po Valley Energy Limited has achieved a 38% increase in the area of its gas exploration rights in northern Italy - including licences located in one of the country's former largest onshore gas fields in the Po Valley. Statoil: Long-term contract for new rig design
Statoil is sending out an invitation to tender for a new type of drilling rig. It is specially-designed by the industry on behalf of Statoil for use on mature fields on the Norwegian continental shelf (NCS). Economists warn of an oil-sparked recession
If ongoing political turmoil in North Africa and the Middle East pushes crude oil prices to $120 per barrel or more permanently, the global recovery from the worst recession since the 1930s would be hampered, according to a top economist. Iraq’s Shell gas deal reaches advanced stage
The $12 billion deal between the Iraqi government and Shell to produce gas from southern Iraqi oil fields has reached an advanced stage, said Iraq's Deputy Prime Minister for Energy. Fluor awarded early works contract for ExxonMobil’s Qurna field
Fluor announced that ExxonMobil Iraq Limited has awarded the firm an early works program contract for the West Qurna (Phase I) field near Basra, Iraq. 
