Qatar Petroleum International (QPI) and Total have anounced the signing of a framework of Agreement whereby QPI will participate in Total E&P Congo through its subscription to a 15% share capital increase of this company. This participation reinforces Qatar’s commitment to invest in Africa and illustrates Congo’s willingness to welcome Qatar as a new partner. [...]

  Teekay Offshore Partners L.P.  today announced that it has entered into an agreement with Statoil Petroleum AS (Statoil), on behalf of the field license partners, to provide a floating storage and offtake (FSO) unit for the Gina Krog oil and gas field located in North Sea. The contract will be serviced by a new [...]

Talisman Energy, a Canadian oil and gas company with operations worldwide, has set a deadline for the removal of the troublesome Yme platform from the Norwegian part of the North Sea, Reuters has reported. The platform has been sitting unmanned in the Norwegian part of the North Sea since mid-July, 2012, when Talisman decided to evacuate the personnel [...]

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