Italy's oil and gas giant Eni has reached an agreement with US ExxonMobil to sell its multi-billion dollar stake in the planned offshore liquefied natural gas (LNG) development project in Mozambique.
Italian Edison, French Total, and British Petroleum (BP), have requested information about Zohr field as they ponder negotiations with Eni over a purchase of 40% of the company's stake in the Mediterranean Sea conces ...
Cypriot Energy Ministry, Georgios Lakkotrypis, has announced the names of six of the eight companies that had sent their expressions of interest for earning licenses for offshore hydrocarbon blocks in the country.
SapuraKencana Petroleum , Malaysia's biggest oil and gas services company by market value, announced two natural gas discoveries offshore East Malaysia.
Norway's oil and gas biggest Unions are threatening with a strike –that would affect eight North Sea platforms run by Royal Dutch Shell– if the companies do not meet their expectations over wages and working conditio ...
The Egyptian General Petroleum Corporation (EGPC) announced launching a new international bid round for 2016 for oil research and exploration, according to a press release received by Egypt Oil&Gas.
Apache North Sea has awarded Subsea 7 a sizeable engineering, procurement, installation, and commissioning (EPIC) contract for the Callater field development, located 335 km northeast of Aberdeen, Scotland.
According to a report by Global Data, Egypt's Atoll gas discovery is of national significance for the county as it is expected to reduce the country's gas deficit with a required investment of $945m estimated for the ...
Oil and gas producers in 26 areas offshore Italy will be able to drill until their fields run dry, after a referendum failed to draw enough voters to re-instate a deadline on the concessions.
Italy's Saipem has bagged an order to lay the subsea Trans Adriatic Pipeline (TAP) that will bring Azeri gas into Italy, the oil contractor said. The company said work on the 105-kilometer section running from Albani ...