Exploration & Production

BP and Eni pursue major new exploration opportunity in Oman

BP eniBP and Eni have signed a heads of agreement (HoA) with the Ministry of Oil and Gas of the Sultanate of Oman to work jointly towards a significant new exploration opportunity in Oman

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Eni signs MoU for conducting petroleum exploration in Bahrain

Bahrain oil rig 14National Oil and Gas Authority of Bahrain (NOGA) and Eni have signed a MoU agreement, aiming to pursue petroleum exploration of Block 1, an offshore area of more than 2,800 sq km that is largely unexplored

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Eni wins oil and gas exploration concession contract in Sharjah

Eni 14jDr Sultan bin Mohamed Al Qasimi, supreme council member and ruler of Sharjah, has signed a long-term agreement awarding Eni three concessions to explore and develop onshore oil and gas fields in a 30-year partnership with Sharjah National Oil Corporation (SNOC)

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Brent crude oil prices to recover in 2019 and average at US$60+ a barrel: GI survey

Brent Crude oil, which collapsed 40 per cent in Q4 2018 to almost hit a floor of US$50 a barrel, will recover this year and average above US$60 a barrel1412969896 39c9ab1fe3 z

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Transglobe sees production increase in Egypt

transglobe 17Transglobe Energy Corporation has submitted the declaration of commercial oil well discovery for SGZ – 6X discovery, to begin development discussions with the Egyptian General Petroleum Company (EGPC), the company said in Q4 2018 update

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