Prio, a Brazilian oil company, is in discussions to purchase the remaining 60% stake in the offshore Peregrino oilfield from Norway's Equinor, reported Reuters, citing Brazilian newspaper Folha de S.

China National Offshore Oil Corporation (CNOOC) has started phase one production at the Bozhong 26-6 oilfield development project in central Bohai Bay. CNOOC holds a 100% interest and operates the ...

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream the first phase of ...

Trio of EPCI deals are part of Adnoc's P5 programme, which aims to ramp up the company's oil production capacity to 5 million ...

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

Chinese offshore operator CNOOC Ltd has achieved first oil at the Bozhong 26-6 field development project (Phase I) in the ...

The reservoir of the Bozhong 26-6 oilfield is buried in metamorphic rocks beneath the seabed at a depth of over 4,500 meters, and its formation temperature can reach 178 degrees Celsius, making its ...

Cairo: bp has successfully completed the drilling activity at the “El King-2” exploration well in the North King Mariout ...

Our expectations for profitability improvements coupled with the firm’s history of conservative balance sheet management leave us confident that NOV will maintain adequate liquidity to service its ...

Noble has 38 other rigs and drillships. VesselsValue assesses its 33 mobile oil units as worth $7.2bn. There are 15 drillships in this part of the fleet. The platform assesses the Pacific Meltem as ...

Indian offshore rig operators will see their operating profits surge 30-35 per cent in the next financial year, after a 25-30 ...

The total North America rig count stands at 840, according to Baker Hughes' latest North America rotary rig count.