ExxonMobil Corp., as leader of the Mozambique Rovuma Venture (MRV), has let a contract to McDermott, through consortium with Saipem and China Petroleum Engineering and Construction Corp., for ...

Prio SA has agreed to acquire a 40% interest in Peregrino and Pitandola fields offshore Brazil. The agreement was signed with SPEP Energy Hong Konmg Ltd. and Sinochem International Oil (Hong Kong) Co.

To facilitate completion of the merger, Hess and Chevron have agreed that Hess chief executive officer John Hess will not be appointed to the Chevron board of directors.

The US Bureau of Land Management (BLM) received only four bids on two parcels during its Sept. 25 lease sale in Wyoming, leaving industry leaders concerned about the future ...

Equinor has let a contract to Aker Solutions ASA as part of the Troll Phase 3 stage II modification project aimed at accelerating production from the Troll West gas ...