The acquisition involves fixed payment of $81mn at closing, in addition to two other installments of $15mn each in June 2019 and June 2020
Nigeria has reportedly lost an estimated $6bn in an oil deal gone wrong due to wrongful and possibly illegal transactions conducted by Eni and Shell
Shell Energy, the global marketing and trading business of Royal Dutch Shell for energy commodities, has appointed Chee-Wei Tan as global head for HR
The findings showed that more than 36% of respondents recognise the industry's recruiting as 'variable'; and 31% perceive it to be 'steady'
Because the nation views Cyprus' potential to renew exploratory drilling as an infringement 'on its rights to oil and gas reserves'
Toronto-based startup Validere Technologies Inc., recently closed a round of funding worth $7mn, bringing the total round of funding to $10mn to date
Saudi Arabia is expected to invest $20bn on its oil production capacities for the next few years, according to Reuters
While the London-based oil and gas giant has not filed any complaint with Polish or EU authorities, it might do so in the future, according to a company spokeswoman
Leading the 'path towards unlocking...Vision 2035,' the challenge is to highlight the potential 'the UKCS continues to offer investors across the world'
Second-quarter net profit jumped to the current amount from $708 million in the year-earlier period
"The mineral strategy is part of the Company's overall corporate strategy as outlined below, which will guide capital allocation decisions moving forward," says Paul Blanchard, President and CEO