Post Archive by Day: November 8, 2018

Somalia Announce Dates for First License Round

November 8, 2018 Following further progress on the framework planning and legislation for oil and gas exploration offshore Somalia, His Excellency Abdirashid Mohamed Ahmed, The Minister of Petroleum & Mineral Resources today announced further details for the inaugural offshore hydrocarbon licensing round. A date of 7 February 2019 has been set for an auspicious launch event in London at Claridges

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SeaBird Exploration: Contract update

8 November 2018, Limassol, Cyprus SeaBird Exploration has received another 30 day extension for the Osprey Explorer, currently working on an OBN survey in the US Gulf of Mexico that was announced on 25 June 2018 and commenced in late August. The extension is in accordance with the contract and brings the firm period of the contract to a total

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PGNiG: 24-year contract with Cheniere signed – deliveries of American LNG to Poland will commence in 2019

08.11.2018 Polish Oil and Gas Company (PGNiG) and Cheniere Marketing International LLP have signed a long-term agreement for supplies of liquefied natural gas from the USA. In 2019-2022 the volume of supplies will total approximately 0.52 million tonnes of LNG, or approx. 0.7 bcm of natural gas after regasification, while in the period of 2023-2042, the total import volume will

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Elite Control Systems appoint a new Graduate Systems Engineer

Livingston, Scotland- 8th November 2018- Elite Control Systems Limited are pleased to announce that David Holmes has recently been selected as its new Graduate Systems Engineer. Originally from Dunfermline, David will be based at Elite’s headquarters in Livingston and will report directly to the Engineering Manager, Juan Carlos Di Bella. David studied Electrical and Electronic Engineering (MEng) at the University of

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EPA’s Final Refinery Emission Rule Confirms Industry’s Progress On Environmental Protection

WASHINGTON, November 8, 2018 – Today the American Petroleum Institute released the following statement regarding EPA’s final rule on refinery emissions regulations. The agency’s analyses and years of review confirm that refineries are operating at safe air emissions levels to protect public health. “Industry is focused on the safe operation of our refineries, the health and safety of our workers and protecting

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New API Standard Enhances Safety And Environmental Protection Of Offshore And Onshore Industry

WASHINGTON, November 8, 2018 – The American Petroleum Institute today released its newest valve standard as part of the industry’s continuous efforts to improve operational safety and environmental protection. “Specification 6A” governs the design and operations of the critical safety valves at wells used in the offshore and onshore oil and gas industry. The latest edition, issued today, includes new

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Anadarko Announces $4 Billion Midstream Asset Sale

As Western Gas Announces Simplification Transaction HOUSTON, Nov. 8, 2018 /PRNewswire/ — Anadarko Petroleum Corporation (NYSE: APC) today announced a transaction to sell substantially all of its remaining midstream assets for $4.015 billion to Western Gas Partners, LP (NYSE: WES), with $2.0075 billion cash proceeds, and the balance to be paid in new Western Gas equity. Concurrently WES announced it

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New Oil Sands Development Gets Green Light

Matt Zborowski, Technology Writer | 08 November 2018 Topics: Heavy oil/tar sands Projects, facilities & construction Imperial Oil’s Kearl oil sands facility 70 km north of Fort McMurray, Alberta. Source: Imperial. oil sands Aspen oil sands project Imperial Oil Alberta ExxonMobil’s majority-owned Imperial Oil has made a final investment decision on its 75,000-B/D Aspen oil sands project, the first new

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NET Power and Oxy Low Carbon Ventures Announce Investment Agreement to Advance Innovative Low-Carbon Technology

Thursday, November 8, 2018 9:00 am EST DURHAM, NC and HOUSTON, TX – NET Power, LLC, and Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation (NYSE: OXY), today announced they have reached an investment agreement, subject to regulatory approval. The investment will advance the development of NET Power’s low-cost, natural gas electric power system that generates

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Announcing PointStudio – New name and platform for Maptek spatial data application

Thursday, November 8th, 2018 The launch of PointStudio 8 from Maptek heralds a new name, platform and ribbon interface to the long-standing point cloud processing and modelling software. PointStudio 8 is the logical progression from I-Site Studio. The new generation 3D platform for modelling, analysis and reporting is delivered on the Maptek Workbench, which unlocks data sharing with other Maptek

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Oasis Petroleum Sells Select Midstream Interests to Oasis Midstream Partners

HOUSTON, Nov. 8, 2018 /PRNewswire/ — Oasis Petroleum Inc. (NYSE: OAS) (“Oasis” or the “Company”) today announced that it has entered into a definitive agreement to sell additional interests in Bobcat DevCo LLC (“Bobcat DevCo”) and Beartooth DevCo LLC (“Beartooth DevCo”) to Oasis Midstream Partners LP (NYSE: OMP) (“OMP” or the “Partnership”) for $250 million, subject to customary purchase price adjustments.

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