Eni Beats Expectations As Quarterly Profit Jumps 55%
Italian oil company Eni beat expectations with a 55% jump in fourth quarter profit as higher prices, mainly gas, offset a dip in production.
February 15, 2019
Deepwater
Tullow Oil Returns To Net Profit, Resumes Dividend
Tullow made a post-tax profit of $85 million on $1.9 billion in revenue last year, buoyed by higher oil prices and cost discipline.
February 13, 2019
BHP's Board Approves Funding For BP-led Atlantis Oil Project
BHP Group said on Feb.13 its board has approved $696 million in funding to expand production at the BP PLC-led Atlantis oil project in the U.S. Gulf of Mexico.
February 13, 2019
Aker BP Finds Up To 153 Million Barrels Of Oil Equivalents In North Sea
Aker BP has discovered an oil and gas reservoir while drilling near its Alvheim field in the North Sea, the Norwegian firm said on Feb. 4.
February 4, 2019
Top 12 Recent Gulf of Mexico Discoveries
Murphy Oil hits pay zone at Samurai prospect.
February 1, 2019
Top 20 Cumulative Oil, Gas Producing Wells: Gulf of Mexico
Here are the latest top 20 cumulative oil- and gas-producing wells in the U.S. Gulf of Mexico.
February 1, 2019
Top 20 Field Reserves: Gulf of Mexico
Shell's Mars development and BP's Thunderhorse and Kaskida top the list when it comes to the highest field reserves. The fields are located in the Mississippi Canyon and Keathley Canyon blocks.
February 1, 2019
New Year Signals New Potential In West Africa
Favorable economics could push forward planned projects as more come online.
February 1, 2019
McDermott Bags Subsea Tieback Contract From LLOG
The Ram Powell tension leg platform is located in 3,200 ft (975 m) of water in Viosca Knoll Area, Block 956, and is capable of processing 60,000 barrels of oil per day and 200 million cubic feet of gas per day.
January 28, 2019
China's CNOOC Boosts Spending Target To 5-Year High, Increases Domestic Drilling
China's state-owned offshore oil and gas producer CNOOC Ltd said it is confident of achieving its spending target this year, the highest since 2014, as it responds to a call to build up the nation's petroleum output and reserves.
January 23, 2019