OKLAHOMA CITY (August 14, 2018) – Oseberg, a leading SaaS and data intelligence company in the oil and gas industry, announced today the release ofOseberg Map Services. Map Services makes it easier for both GIS professionals and everyday map users to bring Oseberg’s leading land, lease, regulatory & drilling datasets directly into their preferred mapping environments, including ArcGIS Online, ArcGIS Desktop/ArcMap
Continue reading14 August 2018 Helix’s Q5000 semi-submersible well intervention vessel. Source: Helix Energy Solutions Group. BP has seen enormous payoff from a program to intervene in underperforming subsea wells in the Gulf of Mexico. “We would be missing one-third of our production without it,” said Emeka Emembolu, vice president of reservoir development for BP Gulf of Mexico. Those gains mean BP’s
Continue readingAs part of its refinery collocation initiative designed to boost local refining capacity to end the era of petroleum products importation, the Nigerian National Petroleum Corporation (NNPC) has hinted of plans to establish a 100,000-barrels-per-day brownfield refinery each in Port-Harcourt and Warri. A press release by the Corporation’s Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, stated that
Continue reading14 August, 2018 International oil and gas service company Petrofac has been awarded a US$370m (£290m) contract by Basra Oil Company for the expansion of the Majnoon field’s central processing facility, located in southern Iraq. Under the terms of the 34-month contract, the lump-sum engineering, procurement and construction scope of work includes two oil processing trains. Petrofac was previously awarded
Continue readingContact: info@opengeospatial.org Release Date: Tuesday, 14 August 2018 UTC New MoU will encourage each organization’s memberships to become involved in key working groups and activities of the other organization to coordinate on standards of common interest to the M&S community. The Open Geospatial Consortium (OGC) and the Simulation Interoperability Standards Organization (SISO) have signed a Memorandum of Understanding (MoU) to
Continue readingA new Nile Delta Concession Agreement allowing a ten-year extension of the Abu Madi West Development Lease, where the Nooros field is located, and a five-year extension of the Ras Qattara Concession Agreement approved. 14/08/2018 San Donato Milanese (Milan), 13 August 2018 – Eni announces that Egyptian Authorities have authorized a new Nile Delta Concession Agreement allowing a ten-year extension
Continue readingEni granted new exploration license named “Nour” located in the prolific East Nile Delta Basin of the Mediterranean Sea in Egypt 14/08/2018 San Donato Milanese (Milan), 14th August 2018 – Eni announces that a new Concession Agreement, aimed at governing an offshore exploration license in the prolific East Nile Delta Basin of the Mediterranean Sea, has received approval by Egyptian authorities.
Continue readingAugust 14, 2018 PGS is now acquiring data for the final of three 2018 3D GeoStreamer® surveys covering nearly 7 400 sq. km of the Moray Firth area of the North Sea. Fast-track data will be available four months after final shot. This prefunded MultiClient project promises to reveal a large swathe of the Moray Firth-Orcadian Basin area. Acquisition is
Continue readingDate:13-08-2018 TEHRAN (NIOC) _ A senior official at the National Iranian Oil Company (NIOC) said no changes had been made in the terms of Irans multi-billion-dollar agreement with a French energy major Total-led consortium developing Phase 11 of the South Pars gas field. “Members of the consortium in charge of developing Phase 11 of South Pars will accomplish their roles
Continue readingDate:Aug 13 2018 China is studying the possibility of building a branch of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline from Pakistan, Chief executive officer of the Pakistani State company “Interstate gas systems” (ISGS) Mobin Saulat said, ORIENT News agency reported, citing the firstpost publication. In the first half of 2018, the Turkmenistan-Uzbekistan-Kazakhstan-China gas pipeline delivered 16 million 356 thousand tons of natural
Continue reading13 August 2018 Vantage Oilfield Solutions Sdn Bhd (Vantage) has received a work order award from PETRONAS Carigali Sdn Bhd (PETRONAS Carigali) for the Provision of Annulus Wash and Cementing Assurance for Kepong-A field, Terengganu, Malaysia. Vantage, a subsidiary of Vantage Energy Group Sdn Bhd, through its collaboration with its principal, HydraWell Intervention AS, will provide plug and abandonment services
Continue readingDate:Aug 13 2018 World oil prices in the morning of August 13 do not show a single dynamics. This is evidenced by the auction data. As of 8:36 GMT, the cost of October futures for the North sea Brent mixture decreased by 0.26% to 72.62 dollars per barrel, September futures for WTI – fell by 0.06% to 67.59 dollars per
Continue readingAs part of efforts to bridge the projected medium-term gas supply gap expected by 2020, the Nigerian National Petroleum Corporation (NNPC) and Seplat Petroleum Development Company (SPDC) have signed five agreements to expedite the development of a project aimed at delivering about 3.4 billion standard cubic feet of gas per day by 2020. The project, Assa North and Ohaji South
Continue readingKarachi, August 13, 2018: Pakistan Petroleum Limited made a gas and condensate discovery at exploratory well Yasar X-1 from its wholly-operated Kotri Block (2468-12) located in District Sujjawal, Sindh. Yasar X-1 was spud on June 22, 2018 and reached final depth of 2720 meters on July 10, 2018. Based on wire line logs and drilling results, potential hydrocarbon bearing zone
Continue readingPublished 13.08.2018 Visuray has completed a multi-well new technology campaign in Russia for a major independent oil company. This is the first time that Visuray’s downhole X-ray services have been used in Russia. Visuray ran their VR90 Downhole X-Ray Diagnostic Service in multiple wells which were completed over the course of a month. ‘We are very happy to have performed
Continue reading13 August 2018 Petrofac has been awarded a contract worth around US$370 million by Basra Oil Company (BOC) for expansion of the Central Processing Facility (CPF), located in the Majnoon Field, Southern Iraq. Under the terms of the 34-month contract, the lump-sum engineering, procurement and construction (EPC) project scope of work includes two oil processing trains, able to process 200
Continue reading13 August 2018 The diagnostic fracture injection test (DFIT), also called a mini-frac, has helped steer the completion designs of countless horizontal wells over the years. However, an ongoing industry study is about to give engineers a new, and possibly significantly more accurate, way to use it. As a result of the project, “What I believe is going to happen,
Continue reading2018-08-13 TEHRAN (NIOC) _ A senior official at the National Iranian Oil Company (NIOC) said no changes had been made in the terms of Irans multi-billion-dollar agreement with a French energy major Total-led consortium developing Phase 11 of the South Pars gas field. “Members of the consortium in charge of developing Phase 11 of South Pars will accomplish their roles
Continue readingDHAHRAN, August 10, 2018 Khalid H. Al-Dabbagh was appointed senior vice president of Finance, Strategy & Development by Saudi Aramco Board of Directors, effective Sept. 1, 2018. Al-Dabbagh has been the company’s financial controller since January 2012. He was responsible for Saudi Aramco’s global accounting activities, issuance of the annual financial report and the maintenance of effective internal controls. He
Continue reading10-Aug-18 Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) has received an award for a 3D marine seismic acquisition project in West Africa. The project duration is approximately three months and is expected to commence in September 2018. Following this award, the Polarcus fleet is 100% booked for Q3 2018 and 85% booked for Q4 2018. ContactsHans-Peter Burlid, CFO+971 50 559
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