offshore

With presidential elections looming and energy reforms at a critical juncture, the two Latin American energy powers awarded a bevy of blocks to a who’s who of international oil companies.

More gas is flowing from Egyptian waters and the Eastern Mediterranean with BP’s launch of its Atoll Phase One project.

The US supermajor continues to evolve its global strategy by pulling out of once-promising Russian partnerships and adding to its offshore Guyana oil drilling bounty.

The third edition of the OTC Asia conference recognized several companies and individuals for technological achievements.

The chief upstream strategist of IHS Markit said in a recent presentation that oil exploration must improve its ability to deliver value and better communicate that value to the financial community. New ways of thinking about exploration opportunities are needed.

The Offshore Technology Conference has announced the winners of the 2018 Spotlight on New Technology Award, recognizing excellence in offshore E&P.

The success of an upstream startup in the 1970s might offer lessons for those entering the oil and gas industry today.

The cost cuts made during the downturn and the recent increase in oil prices have led to some global offshore projects becoming economically viable. Norway is leading the comeback.

Partnerships are proving key in developing and sustaining big offshore projects internationally, with Eni now teaming with ADNOC off Abu Dhabi and farming out another stake in the Zohr gas field off Egypt.

US Secretary of the Interior Ryan Zinke announced a series of new initiatives on 6 March to strengthen the federal offshore oil and gas inspection program.