Post Archive by Day: October 30, 2018

JSC NC KazMunayGas issued a Report on sustainable development for 2017 Creating a Sustainable Future

30.10.2018 KazMunayGas (“KMG” or “Company”) issued a Report on sustainable development for 2017 that discloses information on performance, achievements, goals and impact of NC KazMunayGas Group both positive and negative on environment, economy in the area of operations and community. The Report serves as the central communications channel through which KMG discloses information to all concerned. The Report was prepared in accordance

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Naftogaz and Ukrgazvydobuvannya sign MoU with leading Oil & Gas service provider Schlumberger

Oct 30, 2018 Naftogaz, Ukrgazvydobuvannya (UGV) signed a Memorandum of Mutual Understanding with Schlumberger Services Ukraine to further enhance their strategic technology collaboration in drilling, hydraulic fracturing, hydraulic stimulation, software development and 3D modeling, as well as the provision of advanced equipment and software solutions. The Memorandum underscores their expanding technical collaboration in oil and gas production and paves the

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Safe and effective plugging of wells at Valhall

30. October 2018 Maersk Invincible has completed the plug and abandonment (P&A) programme of wells at the Valhall field centre much sooner than planned, with no harm to people, equipment or the environment – and zero CO2 and NOx emissions. Since May 2017, Maersk Invincible has plugged a total of 14 wells at the original drilling platform (DP). In the

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SeaBird Exploration: Third quarter 2018 presentation and webcast

30 October 2018, Limassol, Cyprus SeaBird Exploration will present their financial results for the third quarter of 2018 on Thursday 8 November. There will be an investor presentation at 08:00 hours at SeaBird’s Oslo office, 2nd floor, Cort Adelers gate 16, Oslo. The presentation will be transmitted live at http://www.sbexp.com/investor-relations.aspx and a recorded version will be available shortly thereafter. SeaBird

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Sanalla and Central Bank of Libya discuss investment and oil worker salary increases in 2019 budget

30 October 2018 On Sunday October 28, 2018, National Oil Corporation (NOC) chairman Eng. Mustafa Sanalla, reviewed the 2019 Libyan oil and gas sector budget with the governor of the Central Bank of Libya (CBL), Mr Sadiq al-Kabir. The two parties discussed the importance of increasing NOC’s budget given the investment needed to repair facilities damaged due to recent conflicts. 

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NOC and Industry Union discuss measures to boost national economy

30 October 2018 National Oil Corporation (NOC) chairman, Eng. Mustafa Sanalla, met Mr Ali Nsir, executive director of the Libyan Industry Union, at NOC headquarters on Monday, October 29, 2018, to discuss the potential supply of strategically important oil products, such as kerosene, to factories within the Libyan Industry Union. Sanalla outlined his support for measures that can boost the

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NOC calls on UNSMIL to exclude extortionists from Libyan political process

30 October 2018 National Oil Corporation (NOC) chairman Eng. Mustafa Sanalla met with Mrs Stephanie Williams, deputy head of UNSMIL, on October 28, 2018, to discuss the security situation at oil facilities, fields and ports, in addition to the safety of workers and the continuation of production – thereby enhancing the Libyan economic recovery. The two parties also discussed the

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NNPC Dispels Rumour of Review of Petroleum Products Pump Prices

30th October, 2018 The Nigerian National Petroleum Corporation (NNPC) has dispelled the rumour of an impending review of pump prices of petroleum products, especially Premium Motor Spirit (PMS), otherwise called petrol. A release today in Abuja by the NNPC Group General Manager, Group Public Affairs, Mr. Ndu Ughamadu, affirmed that contrary to the misinformation trending in the social media, the

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NIDAS, NNPC Subsidiary, Returns to Global Oil Shipping Market

30th October, 2018 Firm to benefit from DSDP, Crude Oil Term Contracts Freight deals The Nigerian National Petroleum Corporation (NNPC) has announced the re-entry of its subsidiary, NIDAS Shipping Services, into the international shipment of crude oil and petroleum products, seven years after falling out of reckoning in the global oil freighting trade. NIDAS’s re-entry is in tandem with the

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New oil discovery in the Johan Castberg licence

30 October, 2018 Equinor and partners Eni and Petoro have completed the Skruis exploration well in the Johan Castberg licence. The well confirms a volume of 12-25m recoverable barrels of oil. Skruis is the first operated exploration well drilled by Equinor this year in the Barents Sea. The partners will now consider the discovery’s tie-in options to Johan Castberg. The

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ION announces new reimaging program onshore Mexico

10/30/2018 HOUSTON, Oct. 30, 2018 /PRNewswire/ — ION Geophysical Corporation (NYSE: IO) today announced a new 3D multi-client program onshore Mexico, which is fully supported by industry funding.  The Tabasco 3D reimaging program will seamlessly integrate and reimage 46 data sets with the latest technology into a contiguous volume that ties the onshore and offshore plays at the prospect and

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TIBCO Furthers Integration Technology Leadership with Cloud-Native, API-Led Connectivity for Businesses of all Sizes

TIBCO Cloud Offers Industry-Leading Integration, API Management, and Messaging on one Platform to Solve the Toughest Application Connectivity and Development Challenges Boston, MA , 30 October, 2018 – TIBCO Software Inc., a global leader in integration, API management, and analytics, is hosting select partners and customers at the 2018 TIBCO Scribe Conference in Boston, where attendees will hear about the

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OpenText Named as a Leader in Gartner Magic Quadrant for Content Services Platforms

Waterloo, ON – 2018-10-30 – OpenText™ (NASDAQ: OTEX, TSX: OTEX), a global leader in Enterprise Information Management (EIM), today announced that it has been positioned as a Leader in Gartner’s 2018 Magic Quadrant for Content Services Platforms. “OpenText’s vision for the intelligent and connected enterprise is rooted in our longstanding market leadership in Content Services. As companies embrace the power

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“Southern gas corridor” will become a bridge between the EU market and the Caspian region, the European Commission

30.10.2018 “Southern gas corridor”, which envisages the transportation of Azerbaijani gas to Europe, remains one of the priority projects for the European Commission, told Trend in the European Commission, responding to a question about the compatibility of the project with the strategy of the transition to clean energy in the EU. The European Commission noted that the southern gas corridor

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Turkmenistan took part in the world investment Forum 2018 in Geneva

30.10.2018 The delegation of Turkmenistan, consisting of representatives of a number of ministries and agencies of our country, took part in the world investment Forum (VIF-2018), organized in Geneva from 22 to 26 October 2018 by the UN conference on trade and development (UNCTAD). This is reported on the website of the Ministry of foreign Affairs of Turkmenistan. The world

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Colorado Petroleum Council Executive Director Tracee Bentley Responds To Adams County Board Of Commissioners’ Moratorium On Drilling Permits

DENVER, October 30, 2018 – Colorado Petroleum Council Executive Director Tracee Bentley provided the following statement regarding the Adams County Board of Commissioners’ decision to impose a moratorium on new applications for oil and gas drilling permits pending the outcome of Proposition 112: “We are disappointed in the Adams County Board of Commissioners’ decision today. Crafting public policy based on

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ADNOC Sour Gas Installs Remelter Facility at Shah Sulfur Granulation Station

30 October, 2018 Abu Dhabi, UAE – October 30, 2018: ADNOC Sour Gas has successfully installed a Sulfur Remelter facility, at its Shah Sulfur granulation station, to maximize Sulfur recovery otherwise lost during normal transportation operations. Up to 2 tons per day of sulfur is lost during the transportation of granulated sulfur from the granulators via conveyors, to stockpiles or

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