31 July, 2018 Norwegian exploration and production company Aker BP has agreed to purchase 11 licences in Norwegian waters from French supermajor Total for £155m. Included in the deal are the Alve Nord, Rind, Trell and Trine discoveries which hold combined recoverable resources of 83m barrels of oil equivalent. Aker BP has announced that it is assessing the possibility of
Continue reading31 July, 2018 SOCOTEC, the UK’s leading provider of testing, inspection and compliance services, has been awarded a contract by Andrew Scott Ltd to provide support for ongoing land remediation works at the Tata Steel Port Talbot steelmaking site. Planning approval for the remediation works was granted in April 2018, following SOCOTEC’s previous support in completing the site investigation and
Continue reading– McDermott to install two rigid flowlines for PEMEX’s Ayatsil field in offshore Mexico – Award builds on McDermott’s successful reputation in Mexico with PEMEX – Solution supports client’s goal of increased production, particularly heavy crude oil HOUSTON, July 31, 2018 /PRNewswire/ — McDermott International, Inc. (NYSE: MDR) announced today a sizeable* contract award by PEMEX Exploración y Producción for
Continue reading31.07.2018 Russia can hold negotiations with Turkmenistan on the resumption of the purchase of Turkmen natural gas. It is reported by TASS with reference to Deputy head of the Ministry of energy Anatoly Yanovsky. — I think that negotiations can take place in the fall, – the news Agency quotes the official. At the same time, the Deputy head of
Continue readingJuly 30, 2018 Balloki Power Plant can add up to 1,223 megawatts to the national grid, the equivalent power needed to supply up to 2.5 million Pakistani homes. Project marks the successful completion of the third power plant in Pakistan that is equipped with GE’s record-setting HA gas turbines, following the Haveli Bahadur Shah and Bhikki facilities. Lahore, Pakistan; July
Continue reading2018/07/30 Paris – The Ichthys LNG Project reached a major milestone on July 27 with the opening of the first offshore production well, marking the start of 40 years of operations of this gas and condensate field. At full capacity, the offshore facilities are expected to produce 1,600 mmscfd of gas (285,000 barrels of oil equivalent per day) and 85,000
Continue readingEni has released the 17th edition of the World Oil, Gas and Renewables Review, the annual statistics report on oil, natural gas and renewables sources. 30/07/2018 11:00 In 2017 oil reserves decreased slightly (-0.2%), mainly due to a reduction in some OPEC countries. World oil production remained nearly at the same level of 2016 (+0.3%). The OPEC/non-OPEC cuts agreement and
Continue readingFOOTHILL RANCH, CA, July 30, 2018 – OleumTech, a leading provider of M2M communications and industrial automation showcases its latest wireless automation and I/O distribution solutions for the Natural Gas industry at the 78th Annual Appalachian Gas Measurement Short Course (AGMSC), July 30 – Aug 2, Moon Township, PA. Solutions Showcased At Booth #309, OleumTech will be exhibiting the full
Continue reading30 Jul 2018 Previous page Today, the Oil & Gas Technology Centre launches TechX Ventures – a partnership with Deep Science Ventures (DSV) that combines deep science with engineering to create start-up companies with technologies that position the oil and gas industry for a sustainable future in a low carbon economy. As part of the TechX Ventures programme, DSV has
Continue reading30.07.2018 Last week, 18 transactions were registered at the trading of the State commodity exchange of Turkmenistan. For foreign currency, entrepreneurs from the United Arab Emirates, Afghanistan bought gasoline and hydro-refined diesel fuel produced at the Turkmenbashi complex of oil refineries. In addition, for foreign currency colorless sheet glass, Portland cement, saraja wool, cotton yarn, licorice were realized. Countries buyers:
Continue reading30.07.2018 Oil prices do not show a single dynamics on July 30 in the morning against the backdrop of the preservation of global trade risks. This is evidenced by the auction data. As at 8:04 GMT, the cost of October futures for the Brent oil mixture grew by 0.03% to 74.78 dollars per barrel, earlier in the course of trading,
Continue reading30 Jul 2018 PERTH, AUSTRALIA – INPEX CORPORATION INPEX announced today that the INPEX-operated Ichthys LNG Project (the Project) has commenced production of gas from its wells, marking the start of approximately 40 years of operations of this large-scale LNG development. Ichthys Explorer CPF The produced gas will be gathered within the Central Processing Facility (Ichthys Explorer) where it will be separated
Continue reading27 July 2018 • SOCAR’s oil production increased by 3.6 percent and gas production by 5.3 percent • 19.4 mln. tons of oil and 14.4 billion cubic meters of gas was produced during the six months of the year • Oil production in the country increased by 1.2%, gas production – by 3.1% SOCAR’s oil production in the second quarter
Continue reading27 July, 2018 Chevron has awarded TechnipFMC a subsea installation contract for the Gorgon phase two development, located offshore Western Australia. The contract covers the project management and engineering, transportation, installation and pre-commissioning of umbilicals and flying leads as well as manifolds. TechnipFMC will also carry out fabrication, transportation, installation and testing of rigid spools. The Gorgon project is operated
Continue reading2018/07/27 Paris – Total has started up production of Kaombo, currently the biggest deep offshore development in Angola, located on Block 32, 260 kilometers off the coast of Luanda. Kaombo Norte, the first Floating Production Storage and Offloading (FPSO) unit, has been successfully brought on stream and will produce an estimated 115,000 barrels of oil per day, while the second
Continue readingU.S. Deputy Secretary of the Interior David Bernhardt and Former U.S. Secretary of the Interior Ken Salazar Joined API President & CEO Jack Gerard and Colorado Petroleum Council Executive Director Tracee Bentley for a Wide-Ranging Discussion on Colorado’s Present and Future Energy Industry DENVER, July 26, 2018 – The American Petroleum Institute’s (API) President and CEO Jack Gerard and Colorado Petroleum Council
Continue reading26 July, 2018 Italy’s Saipem has announced that it has secured onshore engineering and construction contracts worth US$800m (£600m) in Saudi Arabia, Iraq, Mexico, Nigeria and Serbia. Saudi Arabia’s state energy giant Saudi Aramco awarded the company a contract for procurement and construction activities at the South Gas Compression Plant Pipelines project. The scope of work encompasses the construction of
Continue readingHOUSTON, July 26, 2018 /PRNewswire/ — Cabot Oil & Gas Corporation (NYSE: COG) today announced that its Board of Directors declared a regular dividend of six cents ($0.06) per share on the Company’s common stock. The dividend will be paid August 23, 2018 to all shareholders of record as of the close of business August 9, 2018. Cabot Oil & Gas
Continue readingVancouver, BC – July 26, 2018 – Unbiased, public data from Geoscience BC can now be accessed through the Province of British Columbia’s BC Economic Atlas online mapping tool, adding another convenient way to acquire earth science data important for natural resource decisions. This news means that the location of data from more than 180 Geoscience BC minerals, energy and
Continue reading2018/07/26 Paris – Total announces that it has signed an agreement with KKR-Energas to acquire its two gas-fired combined cycle power plants (CCGT) in the North and East of France, which represent an electricity generation capacity of approximately 825 megawatts (MW). The transaction is subject to approval by the relevant authorities. “This acquisition allows Total to continue its integration along
Continue reading