All articles by Archana Rani

ExxonMobil looking to divest Bakken shale assets in North Dakota, US

US energy giant ExxonMobil is considering divesting a portion of its assets in the Bakken shale formation in North Dakota,…
Equinor awards contract to Aker for Troll Phase 3 project offshore Norway

Norwegian company Equinor has awarded a contract to Aker Solutions for topside modifications on the Troll A platform, part of…
CNOOC’s Shenhai-1 Phase II natural gas project begins production

China National Offshore Oil Corporation (CNOOC) has commenced production from the Shenhai-1 Phase II natural gas development project. Located in…
PRIO to acquire 40% interest in Peregrino oil field in Brazil

Brazilian oil company Prio has agreed to acquire a 40% interest in the Peregrino and Pitangola Fields, jointly known as…
Devon Energy acquires Grayson Mill’s US assets for $5bn

US-based oil company Devon Energy has completed its acquisition of Grayson Mill Energy assets in a deal valued at $5bn…

TotalEnergies to acquire 45% interest in Eagle Ford gas assets

TotalEnergies has agreed to acquire a 45% interest in dry gas-producing assets in the Eagle Ford basin in Texas from…
Ozona CCS partners with Marubeni to develop CCS projects in Texas, US

Ozona CCS has formed a partnership with a subsidiary of Japanese firm Marubeni to develop carbon capture and sequestration (CCS)…
ExxonMobil plans $10bn investment in Nigeria’s offshore oil operations

ExxonMobil has outlined plans for a $10bn investment in offshore oil operations in Nigeria, a presidential spokesperson said citing company…
Eni nears deal with KKR for stake stale in biofuel unit

Italian energy company Eni is close to finalising a deal with investment firm KKR for the sale of a stake…
Petro Matad begins drilling at Gobi Bear-1 well in Mongolia

Petro Matad has commenced drilling the Gobi Bear-1 exploration well in the Tamsag Basin, eastern Mongolia. DQE International is undertaking…