Lebanon offshore round tender invitation

The blocks open for bidding are Blocks 1, 2, 5, 8, and 10

ExxonMobil to sell rest of Norwegian assets

ExxonMobil is reportedly looking to sell all off its assets in Norway. The move has the potential to be Norway's ...

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WoodMac: Both tight oil & deepwater have vital roles to play

Deepwater and tight oil are two of the upstream sector’s great growth themes, but are often considered to be at ...

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U.S. Gulf of Mexico still a buyer's market, Woodmac says

The Gulf of Mexico is still a buyer's market, an analyst by Wood Mackenzie has said following Norway's Equinor ...

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Dominoes in Southeast Asia M&A starting to fall

Southeast Asia could take center stage in the region's upstream M&A activity in 2019, with up to $14 billion worth ...

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WoodMac sees growth potential after Chrysaor-Conoco deal

Wood Mackenzie sees huge growth potential in the UK North Sea region following Chrysaor's acquisition of ...

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WoodMac: TDC 1972 'strongest competitor among peers'

The newly-listed offshore driller The Drilling Company of 1972 (TDC 1972), ex-Maersk Drilling, is now considered ...

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Interview: What you need to know about latest GoM lease sale

The U.S. last month held an offshore lease sale, attracting $244 million in high bids for 227 tracts in the Gulf of ...

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Rystad: Top wildcats to watch in 2019

Several wildcat wells planned for 2019 have the potential to be "elephant" finds, according to Norwegian oil and ...

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WoodMac: Supply chain recovery to continue in 2019

The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, ...

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Five offshore wells to watch in 2019

Latin America and southern and western Africa are the regions to keep a close eye on, energy intelligence group ...

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CNOOC makes new discovery in UK North Sea

CNOOC Limited has made a new discovery on the Glengorm prospect, located in offshore UK Central North Sea.

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WoodMac: CNOOC sets bullish tone for rest of Chinese firms

Announcing its strategic plan for 2019, CNOOC Ltd has set a bullish tone for the rest of the Chinese national oil ...

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WoodMac expects sluggish year in upstream M&A

Upstream dealmakers start 2019 facing an uphill battle. Volatile oil prices and bearish equity markets impede deal ...

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WoodMac: Historic year ahead for U.S. Gulf of Mexico

Next year is shaping up to be a good one in the U.S. Gulf of Mexico, Wood Mackenzie said on Wednesday.

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WoodMac: Deepwater cost reduction to come to a close

Impending cyclical cost inflation could raise break-even costs in an otherwise healthy deepwater industry, energy ...

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Oil firms need to start spending $600B a year to meet demand

Oil and gas companies need to start spending more - around $600 billion a year - to satisfy future demand growth.

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Woodmac takes closer look at new kids on North Sea blocks

A new wave of privately backed oil firms has taken over the North Sea basin by storm spurring record M&A activity ...

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WoodMac: Norway spearheads offshore market recovery

Norway is leading the way during the offshore market's gradual recovery, according to Mhairidh Evans, senior ...

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Majors leave period of dismal project delivery behind

The oil and gas industry may have finally turned around from "always delivering upstream projects behind schedule ...

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Eni wins Most-Admired Explorer title

Italian oil and gas giant Eni has won Wood Mackenzie's Most-Admired Explorer title, an accolade awarded in ...

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WoodMac: OPEC to remain key oil supplier until 2040

OPEC will maintain its role as a key oil supplier through to 2040, although output from non-OPEC producers will ...

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