Eni and Qatar Petroleum have signed a farm-out agreement, enabling Qatar Petroleum to acquire a 30 per cent participating interest in Tarfaya Offshore Shallow Petroleum agreement, which comprises 12 exploration blocks in the offshore of Morocco
Exploration
Eni signs farm out agreement with Qatar Petroleum
Oil firm Eni and Qatar Petroleum have signed a farm-out agreement to allow Qatar Petroleum to acquire a 25.5 per cent participating interest in Block A5-A, offshore Mozambique
US to lead global oil supply growth over the next five years: IEA
The US will drive global oil supply growth over the next five years thanks to the remarkable strength of its shale industry, according to the annual oil market forecast by the International Energy Agency (IEA)
ABB launches versatile ABB AbilityTM Wellhead Manager
Automation company ABB’s has launched its versatile new cloud-based visualisation system, ABB Ability™ Wellhead Manager, which supports smarter teamwork, enhanced efficiencies and lower costs for oil and gas operators of all sizes
MODEC wins FPSO contract for SNE field offshore Senegal
MODEC, a supplier and operator of offshore floating platforms, has announced that its subsidiary MODEC International has been awarded a contract for the first floating production storage and offloading (FPSO) vessels in Senegal
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