Post Archive by Day: October 16, 2018

PAKISTAN STATE OIL’S 42nd ANNUAL GENERAL MEETING HIGHLIGHTS CONSISTENT PROGRESS DESPITE CHALLENGES

October 16, 2018 Pakistan State Oil Company Limited, the country’s largest oil marketing company, held its 42nd Annual General Meeting (AGM) in Karachi where it shed on light on recent achievements and consistent growth trends in spite of some grave industry challenges. The meeting was chaired by Mr. Jahangir Ali Shah, Managing Director & CEO of Pakistan State Oil, along

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Exprodat Upgrades Exploration Software to ArcGIS Pro

16th October 2018 Exprodat, the oil and gas ArcGIS platform specialist, Esri Gold Partner and Getech group company, has released ArcGIS Pro compatible versions of its industry-standard exploration software extensions Data Assistant and Exploration Analyst. Data Assistant for ArcGIS Pro provides an invaluable utility for geoscientists and explorationists by delivering simple, fast transfer of crucial data between ArcGIS Pro many

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Equinor starts-up production at Oseberg Vestflanken 2

16 October, 2018 Norway’s Equinor has announced that production has begun at the Oseberg Vestflanken 2 field in the North Sea. Remotely operated from the Oseberg field centre, the new Oseberg H platform is the first unmanned platform on the Norwegian Continental Shelf. The project was delivered at NOK6.5bn (£650m), more than 20% lower than the budgeted project cost, with

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Devon Energy Provides Operational Update for Jackfish Complex; Announces Third-Quarter Production and Capital Results

OKLAHOMA CITY–(BUSINESS WIRE)– Devon Energy Corp. (NYSE: DVN) today reported that additional facilities work at its Jackfish 1 heavy oil project in Alberta, Canada, is now complete and full-scale operations have been restored. The work at Jackfish 1 was related to minor facility repairs the company identified during recent turnaround startup activities. Devon elected to perform the incremental maintenance work

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McDermott Awarded EPC Contract for Delayed Coker Unit for LUKOIL Refinery

10/16/2018 – McDermott will provide EPC for a delayed coker unit in Kstovo, Russia, that will process 2.1 million tons per year of refinery residues – McDermott to serve as EPC contractor for unit to be built at 17-million-ton/year refinery – McDermott’s Lummus Technology offering proves to be critical in final selection process HOUSTON, Oct. 16, 2018 /PRNewswire/ — McDermott

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McDermott Begins Fabrication for Tyra Redevelopment Project

10/16/2018 – As one of the largest combined projects for McDermott in the North Sea, the project is making great progress according to schedule – McDermott’s yard in Batam will perform fabrication while meeting stringent technical requirements for the North Sea in Denmark – Progress demonstrates McDermott’s strong execution capability through the One McDermott Way HOUSTON, Oct. 16, 2018 /PRNewswire/

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New Industrial Director appointed at Oil & Gas Technology Centre

16 Oct 2018 The Oil & Gas Technology Centre has appointed a new Industrial Director to lead the creation of two new national research and development centres based in the North-East of Scotland. Russell Stevenson, who took up the role this month, will work closely with principal academic partners, the University of Aberdeen and Robert Gordon University, industrial partners and

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ADNOC Distribution Expands Self Serve and Premium Fueling Options to Northern Emirates

16 October, 2018 Abu Dhabi, UAE – October 16, 2018: ADNOC Distribution, the UAE’s largest fuel and convenience retailer, will continue the rollout of its Flex service across the UAE from October 21, 2018. Customers in Sharjah, Ras Al Khaimah, Fujairah, Umm Al Quwain and Ajman can now choose to Self Serve free of charge or use the Premium Service

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CGG Announces its 3rd Quarter 2018 Results & Capital Market Day on Wednesday November 7th, 2018

Paris, France – October 16, 2018 THIRD QUARTER 2018 RESULTS CGG will announce its third quarter 2018 results on Wednesday November 7th, 2018, before the opening of the Paris stock exchange: The press release and the slide presentation will be made available on our website www.cgg.com at 7:00 am. An English language analysts conference call is scheduled the same day

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Price Forecasting: Good Judgement or Luck?

Posted on 16 October 2018. RISC Partner and UK General Manager Gavin Ward has had an article featured in the first ever Journal of Petroleum Resources Economics (JPRE). The JPRE is the new quarterly journal of the Society of Petroleum Resources Economists (SPRE), an international organisation that is dedicated to the business side of the oil and gas industry, that is “Petroleum Economics”. The journal focuses

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Forum on TAPI gas pipeline opened in Kabul

16.10.2018 An exhibition dedicated to the Turkmenistan-Afghanistan-Pakistan-India (TAPI-TAPI) gas pipeline project was opened in Kabul on Monday 15 October to attract the private sector to participate in this large-scale project. The exhibition Committee of the TAPI created in Afghanistan to conduct presentation of demonstrations in the countries-members of the project. This action was held for the first time, and 20

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Qatar Petroleum announces a 5-year LPG supply agreement with China’s Oriental Energy

16-October-2018 ​ Qatar Petroleum has announced the signing of a sale and purchase agreement to directly supply China with 600,000 metric tons of Liquefied Petroleum Gas (LPG) per year for a period of five years. The long-term agreement was signed by Qatar Petroleum for Sale of Petroleum Products Company Ltd. (“QPSPP”) and Oriental Energy (Singapore), with the contract starting in

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Press communication of PGNiG

16.10.2018 Press communication concerning complaint to the Court of Justice of the European Union on agreement with Gazprom. On October 15, 2018 Polish Oil and Gas Company (PGNiG SA) directed a complaint to the Court of Justice of the European Union in Luxembourg on the European Commission decision of May 24, 2018[1] that finalized the several years long Commission antitrust

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TGS and Spectrum announce collaboration on expanded Santos Basin Multi-Client 3D Survey

ASKER, NORWAY (16 October 2018) – TGS and Spectrum have joined forces and expanded the Santos 3D program to 15,000 square kilometers over the prospective southern Santos Basin offshore Brazil. TGS and Spectrum will be equal partners with data processing and imaging to be performed by TGS.  The survey covers an area south of the high-profile discoveries of the Santos

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Gurbanguly Berdimuhamedov invited Shavkat Mirziyoyev to pay an official visit to Turkmenistan

16.10.2018 The priorities of interstate cooperation were discussed by phone by President of Turkmenistan Gurbanguly Berdimuhamedov and President of Uzbekistan Shavkat Mirziyoyev. The interlocutors noted with satisfaction the progressive dynamics of the interstate dialogue, which, based on the primordial ties of brotherhood and good neighborliness, is filled with new content from year to year. During the conversation, G. Berdimuhamedov thanked

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Spectrum and TGS announce collaboration on expanded Santos Basin Multi-Client 3D Survey

OCTOBER 16, 2018 Spectrum and TGS have joined forces and expanded the Santos 3D seismic program to 15,000 square kilometers over the prospective southern Santos Basin offshore Brazil. TGS and Spectrum will be equal partners with seismic data processing and imaging to be performed by TGS. The survey covers an area south of the high profile discoveries of the Santos

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Hexagon’s Geospatial Division Releases M.App Enterprise 2018

16 October 2018 NORCROSS, GA., October 15, 2018 – Hexagon’s Geospatial division announces a new version of M.App Enterprise for 2018, M.App Enterprise 16.5. This privately-hosted solution allows organizations to deploy Hexagon Smart M.Apps that dynamically address their location-based business problems. M.App Enterprise is the ideal platform to monitor assets, evaluate changes, and take action, with the new release now

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Audubon Field Solutions Adds Locations in Texas, Louisiana, and Alabama

New office expansion will enable Audubon Field Solutions to meet the region’s growing demand for integrated pipeline and field services. HOUSTON, Oct. 16, 2018 — Audubon Field Solutions, an affiliate of Audubon Companies and an industry-leading provider of field and pipeline services for the oil and gas, petrochemical, refining, transmission, and power generation markets, recently expanded offices in Midland, TX,

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Antero Resources Announces Third Quarter 2018 Earnings Release Date and Conference Call

DENVER, Oct. 16, 2018 /PRNewswire/ — Antero Resources (NYSE: AR) (“Antero” or the “Company”) announced today that the Company plans to issue its third quarter 2018 earnings release on Wednesday, October 31, 2018 after the close of trading on the New York Stock Exchange. A conference call is scheduled on Thursday, November 1, 2018 at 9:00 am MT to discuss the

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ANSYS to Release Third Quarter 2018 Earnings Results After Market Close on November 7, 2018

Released : 10/16/2018 PITTSBURGH, Oct. 16, 2018 (GLOBE NEWSWIRE) — ANSYS, Inc. (NASDAQ: ANSS) announced today that the Company expects to release its third quarter 2018 earnings on Wednesday, November 7, 2018, after market close. The Company will hold a conference call conducted by Ajei Gopal, President and Chief Executive Officer, and Maria T. Shields, Chief Financial Officer, at 8:30

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