Malaysia’s Velesto Energy, formerly known as UMW Oil & Gas, has received two contracts from compatriot Petronas Carigali for the provision of jack-up drilli......

Swala Oil & Gas, a company working to buy a stake in a block offshore Tanzania, has said that trading of its securities listed on the Dar es Salaam Stock Ex......

The Emirate of Ras Al Khaimah in the United Arab Emirates has seen an increased level of interest from Indian companies in the 2018 RAK licensing round.  &......

The development of the giant Leviathan gas field in the Mediterranean Sea, offshore Israel is nearly 60 percent complete.    This is according to Nobl......

Offshore driller China Oilfield Services Limited (COSL) has been awarded a drilling contract from Italian oil major Eni.    COSL said on Monday that t......

Classification society DNV GL has won a cross-service contract to support Shell’s Penguins field redevelopment on the UK Continental Shelf.    Shell&n......

The U.S. has been unable to persuade China to cut Iranian oil imports, according to two officials familiar with the negotiations, dealing a blow to President Do......

Saudi Arabia, which recently pledged oil-supply increases to tame rallying crude prices, cut production last month, according to OPEC delegates familiar with th......

Tarek El Molla said in a statement the whole project, which includes several other wells being dug and linked to production, was set for completion in the secon......

ConocoPhillips has entered into an agreement to sell its interests in the Barnett shale play, near Fort Worth, Texas, to Lime Rock Resources for approximately $......