Post Archive by Day: June 7, 2018

PGNiG and AGH are jointly developing a new drilling technology

07.06.2018 MiniDrill is an innovative solution that can increase hydrocarbon production and reduce drilling costs. The project’s first phase has just been completed. The innovative technology would involve drilling a large number of parallel small-diameter boreholes using a high-pressure jet of water. Such boreholes would go as far as 200 metres from existing, traditionally drilled vertical wells. ‘MiniDrill is a

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Equinor deepens position in the pre-salt area offshore Brazil

June 7, 2018 16:32 CEST | Last modified June 7, 2018 16:43 CEST Equinor has expanded its portfolio in Brazil’s prolific Campos and Santos basins after winning the Uirapuru and Dois Irmãos blocks in the 4th Production Sharing Bidding Round in Brazil. Equinor, ExxonMobil and Petrogal Brasil presented the winning bid (75.49% profit oil) for the Uirapuru production sharing contract

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Petrofac secures Irish Sea contract extension

07 June 2018 Petrofac has secured a two-year contract extension on Eni UK Limited’s Liverpool Bay Development, valued in the region of US$65 million. Under the terms of the renewal, Petrofac will continue its decade-long role as Duty Holder for the Irish Sea Pioneer, an offshore support vessel located off the North Wales coast. The Company will also continue to

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SNC-Lavalin signs exclusive agreement to deliver a major project in Oman

Montreal June 7, 2018 SNC-Lavalin (TSX:SNC) is pleased to announce that it has signed an exclusive agreement with Project Development & Management International LLC (PDMI) in Oman, to design and deliver a greenfield chlor-akali PVC plant 150km southeast of the Omani capital Muscat. SNC-Lavalin will support the project long term, from concept development to commissioning, carrying out the initial engineering,

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Saudi Aramco focuses on technology, exploration, and super basins at AAPG conference

SALT LAKE CITY, Utah, USA, June 07, 2018 In-booth presentations from the Geology Technology Team at the Aramco Research Center-Houston drew big crowds. Constantin Sandu presents “Tracing Oil Migration.” A city known for its rich geologic surroundings served as the setting for the 2018 American Association of Petroleum Geologists (AAPG) Annual Convention and Exhibition. Salt Lake City, a stone’s throw

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TGS announces its seventh onshore seismic project for 2018

ASKER, NORWAY (7 June 2018) – TGS announces its seventh onshore seismic project for 2018, Dawson Phase II 3D seismic survey in Canada. The Dawson Phase II 3D multi-client seismic survey is located in the province of British Columbia, Canada, east of TGS’ previously announced Dawson Phase I. This new project will encompass approximately 274 km2 providing both an enhanced imaging solution

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New Minnesota Poll Support Infrastructure And Increasing Access To American Energy Resources

ST. PAUL, Minn., June 7, 2018 – The Minnesota Petroleum Council today released a new poll, conducted by Harris Poll, showing that the overwhelming bipartisan majority of voters in Minnesota’s First Congressional District support increased development of Minnesota’s energy infrastructure and believe that increased access to natural gas and oil resources could help stimulate the economy, increase energy security and

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API Welcomes BLM Clarification For American Natural Gas And Oil Development On Public Lands

WASHINGTON, June 7, 2018 – API today welcomed the Bureau of Land Management’s issuance of a new policy directing its field offices to expedite its review and approval processes for natural gas and oil exploration and production projects on federal lands, consistent with the intentions of Congress when it enacted the Energy Policy Act of 2005. “Removing unnecessary obstacles to

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Equinor, ExxonMobil Rack Up More Brazilian Pre-Salt Acreage

07 June 2018 Topics: Asset/portfolio management Offshore Brazil’s active 4th pre-salt round took place before a full house in Rio De Janeiro. Source: Brazil’s National Petroleum Agency. Brazil ExxonMobil Equinor Petrobras pre-salt Equinor secured interests in two of three blocks awarded 7 June during Brazil’s 4th pre-salt bid round, further expanding its footprint in the growing offshore province alongside ExxonMobil,

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Shaanxi WellDog Energy Technology Ltd. To Bring Global Technology and Best Practices to Chinese Gas Market

June 7, 2018 New joint venture offering field development, operational and technological support to the Chinese natural gas industry  (Laramie, WY) – WellDog announced today that its new Chinese joint venture is now offering WellDog’s suite of technical services in Shaanxi province, a top energy-producing province in China. The joint venture caps a three-year effort by WellDog, Shaanxi Provincial

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Dr Charlotte Adams wins Geological society medal

(7 June 2018) Dr Charlotte Adams, DEI fellow, was yesterday awarded the prestigious Aberconway Medal by the Geological Society. This prestigious medal is awarded for excellence in applied geoscience and reflects Charlotte’s ground breaking work in ultra-low enthalpy geothermal energy. Heat can be extracted from the water flooded coal mines. The legacy of mines in the UK, their abundance and

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