News Archive for: May 2013

The hunt for Shell’s next chief executive is under way, its chairman said on Tuesday, after CEO Peter Voser made what could be his last appearance at the oil group’s annual shareholder meeting.

Voser announced his surprise decision three weeks ago to step down in the first half of 2014,…

Reuters reports that the second-largest U.S oil company is in advanced talks to sell its downstream assets in Egypt and Pakistan, according to sources.

Chevron is conducting a separate sale process for its assets in both countries, banking sources have said, speaking on condition of anonymity as the matter is…

Hallin Marine, a Superior Energy Services company, has secured a contract with EnQuest for an inspection, repair and maintenance (IRM) project in the UK Sector of the North Sea.

The work will include full structural inspection activities as well as a number of repair and maintenance operations at EnQuest’s Thistle…

Total announces that it has been awarded 10 new exploration licenses during Brazil’s 11th bid round.

Total will be the operator with 40% interest in five blocks situated in the Foz do Amazonas basin (FZA-M-57, FZA-M-86, FZA-M-88, FZA-M-125 and FZA-M-127) and with 45% interest in one block (CE-M-661) in the…

The Government will next year launch the UK’s 14th onshore licensing round, he said, announcing that engineering consultancy AMEC has been hired to do the environmental assessment of plots’ suitability for exploration.

The last such licensing round closed in February 2008, meaning this will be the first to take place…