This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
London-based Greek-owned company Energean has completed its acquisition of Edison Exploration & Production SpA from Edison SpA, for a final net of $203m.
Oslo-listed Awilco Drilling is contesting Singapore-based Keppel FELS’ unilateral decision to terminate a contract for the construction of a semi-submersible drilling rig worth about $425m.
In a surprising turn of events, President Donald Trump signed a Presidential order extending an existing oil drilling ban off the Florida Gulf coast, out 10 years, to 2032.
Cyprus Energy Minister Giorgos Lakkotrypis expects the COVID-19 pandemic to affect scheduled drilling in Cyprus’ Exclusive Economic Zone (EEZ), after Exxon Mobil informed the government they will be delaying a planned drill in their block 10...