Reach thousands of offshore professionals!

World’s most visited offshore industry news platform

Indonesia: ExxonMobil Seeks to Divest Stake in Aceh Assets

ExxonMobil is looking for investors to divest its stake in Aceh assets to focus in the development of Cepu Field ...

read more →

USA: Black Elk Energy Acquires Multiple Gulf of Mexico Assets

Black Elk Energy Offshore Operations, LLC, (“Black Elk”), an independent oil and gas company, announced recently ...

read more →

Australia: Tap Oil Terminates Sale of Non Core Assets

On 11 April 2011, Tap Oil Limited  announced it had agreed to sell its interests in a portfolio of non-core assets ...

read more →

Petsec to Sell its Interest in China Assets to Horizon ...

Oil and gas producer and explorer Petsec Energy Ltd says it will sell its oil interests in China for $A38 million ...

read more →

Malaysia: Sime Darby Enters MOUs for Disposal of its ...

Sime Darby Engineering Sdn Bhd has entered into two separate non-binding memoranda of understanding (MOUs) for the ...

read more →

USA: Leed Petroleum Sells All of its Oil and Gas Assets

  Leed Petroleum PLC , the oil and gas exploration and production company, today announces that, further to ...

read more →

Enermech Wins Hose Inspection Contract on 12 UKCS Assets

  Mechanical engineering company EnerMech has been awarded a £300,000 contract for hose integrity management ...

read more →

Australia: Tap Oil Sells its Interest in Non-Essential Assets

  Tap Oil Limited  has agreed to sell its interests in a portfolio of non-core assets in the Carnarvon Basin ...

read more →

Norway: Faroe Petroleum and Petoro AS Swap Assets

  Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and ...

read more →

Pemex to Splash USD 1 Billion to Increase Oil Output ...

 State-owned Petroleos Mexicanos said Wednesday it plans to invest almost $1 billion over five years to boost heavy ...

read more →

Ithaca Strengthens its UK Portofolio with New Assets ...

  Ithaca Energy Inc.  announces that the Company has entered into an agreement to acquire a 28.46% ...

read more →

Irish Based Providence Sells its U.S. Gulf of Mexico ...

  Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose ...

read more →

USA: T-Rex Acquires Delcor USA Assets. Boosts its ...

T-Rex Engineering & Construction, L.C. (T-Rex) announces the recent asset acquisition from Delcor USA, Inc. ...

read more →

BP to Divest Package of UK Upstream Assets

  BP announced today the intention of selling its interests in a number of operated oil and gas fields in the ...

read more →

USA: Hercules Offshore to Acquire Assets of Seahawk Drilling

  Hercules Offshore, Inc.  announced today that it has entered into an Asset Purchase Agreement with Seahawk ...

read more →

PTTEP Continues to Operate its Assets in Australia

  PTT Exploration and Production Public Company Limited (PTTEP) today (4 February 2011) welcomed the ...

read more →

AMEC Wins $222 million 3-year Services Contract for All ...

AMEC,the international engineering and project management company, has been appointedby BG Group to provide ...

read more →

Maersk Oil: Coaxing Out Oil from Mature Assets (Denmark)

If you can learn how to coax out more years from your infrastructure, look with fresh eyes at well data and think ...

read more →

Maersk Oil to Buy Brazilian Offshore Assets for USD 2.4 bln

  The fully owned subsidiary of A.P. Møller – Mærsk A/S, Mærsk Olie og Gas A/S (“Maersk ...

read more →

USA: BP Buys Gulf Of Mexico Assets from Shell

W&T Offshore, Inc.  that Shell Offshore Inc. has informed W&T that BP Exploration & Production Inc., ...

read more →

Russia: Gazprom After Arctic Offshore Assets

Russia’s fifth biggest oil company, Gazprom Neft, is preparing bids for four big fields in the Pechora Sea and the ...

read more →