All Petroleum News

Aker Solutions to supply subsea manifolds to Petrobras

Aker Solutions has won a contract worth more than $300 million from Petrobras to supply eight manifolds that alternately inject water and gas to increase oil reco...

Nigerian oil firm Seplat debuts; valued at $1.9 B

Nigerian oil and gas firm Seplat has offered 26.4% of its shares in a combined market debut in Lagos and London that values the group at $1.9 billion, according t...

Seadrill sells 4% interest in SapuraKencana for $300M

Seadrill Ltd. has sold 230 million shares of SapuraKencana Petroleum Berhad, raising approximately $300 million in proceeds.

Bass Strait Oil divests Gippsland Basin assets

Bass Strait Oil Co. Ltd. has begun a formal divestment process for its offshore Gippsland Basin portfolio offshore Victoria, Australia, as part of its forward str...

Cunningham Energy plans ‘Dragon’s Breath’ horizontal well program

Cunningham Energy LLC is planning three additional new shallow horizontal oil wells to be drilled in Clay County, West Virginia, from the “Dragon’s Breath” pad, w...

Nuevo Midstream expands services in Delaware Basin

Nuevo Midstream LLC reports that the company has completed a major processing capacity expansion to its Ramsey system in the Delaware Basin near Orla, Texas.

NOV appoints new board member, updates on spin

National Oilwell Varco Inc. reports that Marcela E. Donadio has been appointed to the company's board of directors, and that the spin of NOW Inc. will be complete...

Zavanna and GSO Capital Partners form River Bend Oil & Gas partnership

Zavanna LLC reports that GSO Capital Partners LP, a division of Blackstone, along with Zavanna’s existing management, have formed a partnership, River Bend Oil &a...

Changes in longitudes: Part 3 — more barriers to ethane exports

With US ethane prices low and ethane rejection expected to continue increasing, interest in exporting liquid ethane is ramping up. But there are significant barri...

EV Energy Partners, JV partners to drill 186 Utica wells this year

Houston, TX-based EV Energy Partners plans to drill roughly 186 wells in the Utica Shale with joint venture partners Chesapeake Energy and Total.