Post Archive by Day: October 17, 2018

Devon Energy to Present at Bank of America Merrill Lynch Global Energy Conference

Oct 17 OKLAHOMA CITY–(BUSINESS WIRE)– Devon Energy Corp. (NYSE: DVN) announced today that management will present at the Bank of America Merrill Lynch Global Energy Conference in Miami at 4 p.m. ET on Wednesday, Nov. 14, 2018. The presentation will be available to the public via webcast. A link to the webcast will be accessible from Devon’s home page at

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Tecplot 360 2018 R2 Helps Geoscientists Analyze Simulated Data

October 17, 2018 Load netCDF data with FVCOM loader, import georeferenced images and shapefiles, compute vertical transects BELLEVUE, WA (October 17, 2018) – Tecplot, Inc. has announced the general availability of Tecplot 360 2018 Release 2. This release will benefit geoscientists who work with results from numerical models such as FVCOM (Finite-Volume Community Ocean Model), ROMS (Regional Ocean Modeling System),

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Eni acquires new exploration rights in Mozambique

With this acquisition, Eni further strengthens its presence in Mozambique, a country that has a strategic relevance for the company. 17/10/2018 San Donato Milanese (Milan), 17 October 2018 – At the presence of the Ministry for Mineral Resources and Energy Ernesto Max Tonela, Eni has signed in Maputo the contract for the exclusive exploration and development rights of the offshore

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Drilling, production and export figures for the third quarter of 2018

17 October 2018 Following the growth in production, over 3 billion cubic meters of gas have been supplied to gas storage facilities SOCAR has managed to stabilize oil production and increase its natural gas production significantly by increasing the drilling capacity in the third quarter of 2018. During the quarter, SOCAR production amounted to 1.9 million tons of oil and

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KMG EP announces the results of the specialized bidding round for purchase of the preferred stock on KASE

17.10.2018 KazMunaiGas Exploration Production JSC (the Company, KMG EP) reports a specialized bidding round for purchase of the Company’s preferred stock was held in the KASE trade system during 1-16 October 2018. Following the results of the specialized bidding round, the Company has met the requests for selling 194,697 preferred shares at the price of 12,800 KZT per share. The

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JSC Ukrgasvydobuvannya has announced the PEC pilot project on the production enhancement at the mature and depleted gas fields

Oct 17, 2018 Today UGV  has conducted the round table dedicated to launching its PEC pilot project on the production enhancement at its mature and depleted fields. The company management has invited the oil and gas companies to express their of Interest for participation in the project of gas production enhancement. Three gas field clusters with relevant ground infrastructure will be the subjects of separate

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Fast-Track GeoStreamer Data Shows Reservoir Potential Along Brazil’s Equatorial Margin

October 17, 2018 Improved structural imaging of current discoveries, and more confident mapping of reservoir distribution and variability is now available with PGS fast-track PSTM output from the latest Potiguar-Aracati 3D GeoStreamer survey. Current discoveries in the area exhibit elements of both structural and stratigraphic trapping, and the data indicates a number of un-drilled analogous features on trend with the

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Shell agrees to sell Upstream Interests in Denmark to Noreco for $1.9 billion

Oct 17, 2018 Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has reached an agreement with publicly listed Norwegian Energy Company ASA (Noreco), to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU) for a consideration amount of $1.9 billion. SOGU is a wholly-owned Shell subsidiary that holds a 36.8% non-operating interest in the Danish

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Fabrication work begins for US$3.36bn Danish redevelopment project

17 October, 2018 McDermott International has begun fabrication work for the US$3.36bn (£2.56bn) Tyra Redevelopment project in the Danish North Sea. The project is aimed at allowing continued production from the Tyra field, which once complete will have a peak production capacity of nearly 60,000 barrels of oil equivalent per day. French oil and gas giant Total awarded the contract

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High-End Seismic Imaging Solves Shallow Gas Challenges

October 17, 2018 The latest Q modeling, and Q-compensating imaging techniques bring greater clarity to Northern Viking Graben CGG has recently completed seismic depth imaging of its entire Northern Viking Graben multi-client survey, in the Norwegian North Sea. The latest visco-acoustic (“Q”) velocity modeling and seismic imaging technologies have been applied to BroadSeis™ broadband variable-depth streamer field data, acquired between

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Total Joins Forces With Indian Private Adani Group to Expand in Natural Gas And Fuel Retail Activities in India

Paris, October 17, 2018 – Total and Adani Group have signed an agreement to jointly develop multi energy offers to the Indian energy market. This cooperation includes Liquefied Natural Gas (LNG) and Fuel Retail. The Adani Group is an Indian private conglomerate active in 50 countries and specialized in commodities trading, port infrastructures and logistics, as well as energy production

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Yanbu’ South Terminal boosts export capacity

YANBU’, October 17, 2018   The terminal consists of a tank farm and offshore facilities to receive, store, and load Arabian Light and Arabian Super Light crude oil. After undergoing a comprehensive rehabilitation and upgrade program, the Yanbu’ South Terminal has marked the addition of three million barrels per day of crude oil to Saudi Aramco’s West Coast export capacity. 

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PGNiG and Venture Global LNG Announce LNG Sales and Purchase Agreements for 2 Million Tonnes Per Year

17.10.2018 For a 20-year term, Polish Oil and Gas Company (PGNiG) will receive liquefied natural gas from the USA for domestic customers or for resale. Under the agreements, PGNiG will purchase LNG on a free on board (FOB) basis starting from the commercial operation date of the Venture Global Calcasieu Pass LNG export facility, currently expected in 2022, and the commercial operation

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Syngenta contract extension

Syngenta signs two-year contract extension with Capgemini for Digital Employee Operations October 17, 2018 Author:Roy, Priyanka Paris, October 17, 2018 – Capgemini today announced thatSyngenta, a global agribusiness based in Switzerland, has signed a two-year multi–million dollar contract extension, to continue the digital transformation of its global HR Operations (HRO). With this renewed agreement, Capgemini will extend its services to

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Natural Gas And Industry Innovation Continues To Help Drive US GHG Emissions Reductions

WASHINGTON, October 17, 2018 – API issued the following statement regardingEPA’s release of data from Greenhouse Gases Reporting Program report today, which continues to show a downward trend in GHG emissions even as U.S. oil and natural gas production grows dramatically. “The United States leads the world both in natural gas and oil production and in cutting GHG emissions—clean natural

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Petrobras and CNPC define business model for Strategic Partnership in Comperj and Marlim Cluster

17.OCT.2018 Petrobras informs that today it signed an Integrated Project Business Model Agreement (“IPBMA” or “Business Model Agreement”) with China National Oil and Gas Exploration and Development Company (“CNODC”), a subsidiary of CNPC, advancing towards their Strategic Partnership, as disclosed to the market on July 4, 2018. The Business Model Agreement details the steps of a feasibility study to evaluate

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