Companies which won oil and gas exploration contracts in Iraq’s latest round of auctions will have to keep costs low to realise “competitive” returns, according to GlobalData, a leading data and analytics company
Exploration & Production
Law firm Ashurst advises OMV on Abu Dhabi offshore deal
Law firm Ashurst LLP said it has advised Austria’s OMV AG on its deal to buy 20 per cent interest in two offshore concessions for US$1.5bn
OMV and ADNOC sign a new offshore concession agreement
OMV, the Vienna-based global integrated oil and gas company, has signed an agreement for the award of a 20 per cent stake in Abu Dhabi’s SARB and Umm Lulu concessions
TransGlobe Energy completes drilling the second South K-field in Egypt, shares operational update
Canada-based international exploration and production company TransGlobe Energy Corporation has announced an operational update for Egypt’s oil and gas sector
Cash, low-risk growth remain priorities for oil companies in 2018
Energy consultancy Wood Mackenzie says that key priorities for upstream oil and gas companies for 2018 remained largely the same, according to a survey it conducted