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South African court throws Shell a lifeline in exploration dispute
Offshore Technology via Yahoo Finance· 1 day agoShell has lost a South African court appeal that was attempting to overturn a previous judgment...
ABL secures MWS contract for Safaniya field offshore Saudi Arabia
Offshore Technology via Yahoo Finance· 7 days agoChina Offshore Oil Engineering Company (COOEC) has awarded a contract to Norway-based ABL, to...
Shell (SHEL) to Cut Offshore Wind Jobs & Renew Focus on Oil & Gas
Zacks· 5 days agoFree Report) , the British oil and gas giant, has disclosed its plans to cut jobs in the offshore wind division. The decision, which came after Shell’s ...
ConocoPhillips to Acquire Marathon Oil in $17.1 Billion All-Stock Deal
The Wall Street Journal· 7 days agoConocoPhillips CEO Ryan Lance told analysts that the opportunity to acquire Marathon Oil came on...
Zion Oil & Gas begins MJ-01 well recompletion in Israel
Offshore Technology via Yahoo Finance· 1 day agoThis is estimated to take an additional two to three weeks. While this is ongoing, the crew will...
ADNOC Awards SARB and Umm Lulu Stake to SOCAR
Rigzone· 7 hours agoAbu Dhabi National Oil Co. (ADNOC) has awarded a three percent participating interest in the SARB and Umm Lulu offshore concession to The State
US-based geoscience firm keen on oil exploration project in South Korea
Investing.com· 1 day agoSeoul, June 4 (IANS) The owner of US-based geoscience research company Act-Geo said on Tuesday he...
BW Energy to convert latest discovery offshore Gabon to producer
Offshore Magazine· 2 days agoBW Energy has completed drilling and logging of the DHIBM-7P pilot well in the Dussafu license ...
OPEC+ decision to increase oil supply is a 'bearish surprise' for the market, Goldman says
CNBC· 1 day agoThe detailed plan laid out by OPEC+ over the weekend to increaseoil production delivered a "bearish...
76% of Small Offshore Oil Companies at Risk
Oilprice.com via Yahoo Finance· 5 days agoThe Biden administration's new financial assurance rule for offshore oil companies could force many smaller operators out of business, threatening jobs and federal revenues.