Russia's top oil producer Rosneft and Venezuela's state oil company PDVSA signed an agreement to set up a joint venture to develop natural gas. Rosneft also plans to invest $500m to raise its stake in its Petromonaga ...
UK based independent oil and gas exploration company Sterling Energy has submitted a notice of withdrawal to its joint venture partners from Block C-3, offshore Mauritania.
Israel is on the verge of new major gas finds in its territorial waters as an Israeli exploration group led by Isramco Negev and Modiin Energy cited a "best estimate" resource report for two offshore fields, Daniel E ...
Bahrain is looking into launching a new international bid round for offshore gas exploration seeking to reduce its dependence on gas supplies from other regional players, and instead boost its domestic gas production ...
Melbourne-based junior explorer, FAR has conducted latest drilling tests offshore of Senegal and revealed better-than-expected results of oil flows from the SNE-2 well, drilled about 100km off the coast.
Royal Dutch Shell has launched gas production from the Corrib field off the northwest coast of Ireland after two decades of local opposition and an investment of $3.9b (€3.6) in the field exploration and development.
The Cyprus government has approved a two-year extension for the licenses of Italy's ENI and its South Korean partner KOGAS to explore oil and gas reservoirs off the southern coast of the Mediterranean island.
Abu Dhabi-based Gulf Marine Services (GMS), the largest operator of self-propelled self-elevating support vessels (SESVs) will set up a state-of-the-art facility at Zayed Port in Abu Dhabi, UAE, to construct and main ...
Topaz Energy and Marine, a leading international offshore support vessel company, won the ‘Offshore and Energy’ and ‘Maritime Services’ awards at this year’s Lloyd’s List Middle East and Indian Subcontinent Awards in ...