SK Innovation’s oil exploration unit, SK Earthon, is considering divesting its shares in three Vietnamese oil blocks with an estimated value of Won200bn ($140m), reported the Korea Economic Daily (KED ...

Esgian provides an update on new contract awards for Greatship, Transocean, Noble and Stena Drilling in its Week 36 Rig Analytics Market Roundup.Report SummaryContractsGreatship has secured a contract ...

Kenya is preparing to put 10 multibillion-dollar oil and gas exploration blocks up for auction this September, marking its first licensing round since introducing a new petroleum law six years ago.

Uganda National Oil Company (UNOC) is on the lookout for a joint venture partner to help it explore and develop an oil block in the western part of the African country, a spokesperson for the ...

U.S. oil producer Hess Corp has announced its decision to exit Suriname’s offshore Block?59, returning operations to the national oil firm Staatsolie. Hess fulfilled its minimum exploration ...

While the shift to an ad-valorem structure was intended to provide relief Federation of Indian Petroleum Industry said the 20 ...

A prominent Nigerian-led energy company, Walcot Group has signed a Production Sharing Contract (PSC) with the Angolan National Agency for Petroleum, Gas, and Biofuels (ANPG) to operate oil blocks. The ...

Thailand's Energy Ministry Monday awarded concession rights for 13 onshore and offshore oil and gas blocks, which would see total investments in petroleum exploration and production of up to $118 ...