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New Asian oil & gas explorer emerges from Triangle Energy’s spin out move

Western Australia-headquartered and ASX-listed oil producer and explorer Triangle Energy has decided to restructure its portfolio by carving out its assets in the Philippines to give birth to a new Asian-focussed oil and gas explorer through the proposed new ASX-listed Tetragon Energy. The post New Asian oil & gas explorer emerges from Triangle Energy’s spin out move appeared first on Offshore Energy.

Brava Energia calls off acquisition of Petronas’ stakes in two Brazilian fields

Brazil’s oil and gas player Brava Energia has withdrawn from talks for the purchase of the interests Petronas Petróleo Brasil Ltda. (PPBL), a subsidiary of Malaysia’s energy giant Petronas, holds in two Brazilian offshore fields. The post Brava Energia calls off acquisition of Petronas’ stakes in two Brazilian fields appeared first on Offshore Energy.

Wheels up for Petrobras to become sole owner of Brazilian offshore fields

Brazilian state-owned energy giant Petrobras has taken steps to consolidate its ownership in two assets in the Campos Basin by acquiring interests Petronas Petróleo Brasil Ltda. (PPBL), a subsidiary of Malaysia’s energy giant Petronas, holds in the field duo off the coast of Brazil. The post Wheels up for Petrobras to become sole owner of Brazilian offshore fields appeared first on Offshore Energy.

Seadrill’s JV with Sonangol lines up more work for 2015-built drillship in Angola

Sonadrill, a 50:50 joint venture between an affiliate of Sonangol E.P. and Bermuda-headquartered offshore drilling contractor Seadrill, has picked up a multi-well job in Angolan waters for an ultra-deepwater drillship, enabling the rig to stay longer on its existing assignment in the African country. The post Seadrill’s JV with Sonangol lines up more work for 2015-built drillship in Angola appeared first on Offshore Energy.