Post Archive by Month: January,2019

Ineos to invest £2.7bn in Belgian petrochemicals complex

16 January, 2019 British chemicals giant Ineos will make its biggest ever investment by building a new £2.7bn petrochemicals complex in Belgium. The ethane gas cracker and world-class propane dehydration units will be located in Antwerp within existing Ineos sites and will be connected by pipeline to a number of the company’s ethylene and propylene units in the region. It

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Intelex Technologies Accelerates into 2019

TORONTO, ON – January 16, 2019 Intelex Technologies, a leading global provider of cloud-based Environmental, Health, Safety and Quality (EHSQ) management software, kicked off our first quarter of 2019 with continued growth, new partnerships, and a strategic expansion in Europe. “Increasingly global organizations are recognizing the link between success, the environment and safety. We believe strongly that the world of

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CNOOC Limited Announces Huizhou 32-5 Oilfield Comprehensive Adjustment/Huizhou 33-1 Oilfield Joint Development Project Commences Production

(Hong Kong, January 16, 2019) – CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that Huizhou 32-5 oilfield comprehensive adjustment/Huizhou 33-1 oilfield joint development project has commenced production. Huizhou 32-5 oilfield comprehensive adjustment/Huizhou 33-1 oilfield joint development project is located in south-central part of the eastern South China Sea, approximately 170 kilometers from Hong Kong, with

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Norway Awards Most Licenses Ever in New Round

15 January 2019 Topics: Asset/portfolio management Marginal/aging fields Offshore Equinor drilling operations at the giant Johan Sverdrup field, where production is slated to start up this year. Similar development opportunities will be needed to sustain Norwegian production through the next decade. Source: Kjetil Eide, Equinor. NCS Norwegian continental shelf Norway Lundin Petroleum Aker BP Equinor dno Norway’s energy ministry on

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Aker BP awarded 21 licenses in APA 2018

15. January 2019 Aker BP has been offered interests in 21 new production licenses in Norway, of which 11 as operator, through the Awards in pre-defined areas (APA 2018) licensing round. Evy Glørstad-Clark SVP Exploration – We are excited about the opportunities in the licenses that Aker BP has been awarded today, says Evy Glørstad-Clark, Senior Vice President Exploration in

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Hexagon’s Geospatial Division Releases Luciad V2018.1

NORCROSS, GA., January 15, 2019 – Hexagon’s Geospatial division, a world leader in high performance geospatial solutions, is proud to announce the V2018.1 release of the Luciad Portfolio. V2018.1 focuses on further expanding 3D capabilities and includes additional data formats and standards for users in military and maritime domains. To accommodate organizations’ expanding geospatial data, LuciadFusion introduces a RESTful API

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Investing NOK 2.3 billion to recover more oil from Gullfaks

January 15, 2019 Gullfaks field illustration. See download link below for a larger illustration. The Gullfaks partners have decided to drill seven new wells and thereby improve oil recovery by 17 million barrels with good profitability. On behalf of the licence partners, Equinor’s executive vice president for Development and Production Norway, Arne Sigve Nylund, presented an amended plan for development

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Mocana Announces Integration With Unified Automation’s High Performance OPC UA SDK

January 15, 2019     Simplifies Replacement of OpenSSL with Mocana’s FIPS 140-2 Validated Cryptographic Engine Sunnyvale, CA – January 15, 2019 – Mocana, the leading provider of device security solutions for IoT and industrial control systems, today announced the integration of Mocana TrustPoint™, the company’s award-winning, embedded cybersecurity software, with Unified Automation’s High Performance OPC Unified Architecture (UA) Software Development

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Honeywell to Present at Cowen and Company 40th Annual Aerospace/Defense and Industrials Conference

MORRIS PLAINS, N.J., Jan. 15, 2019 /PRNewswire/ — Honeywell (NYSE: HON) announced Pieter Krynauw, President of Honeywell Intelligrated, will present at the Cowen and Company 40th Annual Aerospace/Defense and Industrials Conference in New York City on Thursday, February 7 at 10:00 a.m. EST. A real-time audio webcast of the presentation can be accessed athttp://www.honeywell.com/investor, where related materials will be posted prior

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Petrofac secures engineering design services contract in Brunei

15 January, 2019 EIC member company Petrofac, as technical service provider, and its partner Serikandi Oilfield and Services, have secured an engineering design services contract to support Brunei Shell Petroleum (BSP) and Brunei LNG (BLNG) in Brunei. BSP has been established in Brunei for almost 90 years, with activity primarily focused on exploration and production of crude oil and natural

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BP and Eni agree new Oman exploration deal

15 January, 2019 British supermajor BP and Italy’s Eni have signed an agreement with the Ministry of Oil and Gas of the Sultanate of Oman for significant new exploration opportunities in the country. Under the heads of agreement, the two companies will work with Oman towards the award of a new exploration and production sharing agreement (EPSA) for Block 77

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CGG Continues to Expand Anadarko Basin Library with New SCOOP/STACK Survey

PARIS, France – January 15, 2019 CGG has commenced acquisition of a new high-density 3D survey in the Anadarko Basin. With the tightest acquisition parameters of any survey in CGG’s Oklahoma data library, the 306-square-mile Chickasha Extension builds on and enhances CGG’s extensive existing coverage totaling more than 1,200 square miles over the SCOOP/STACK play. High-end imaging will provide a

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ADNOC Reinforces Leadership Role and Commitment to Environmental Stewardship as It Strengthens Its Position as One of the Lowest Greenhouse Gas Emitters in the Oil and Gas Industry

15 January, 2019 Abu Dhabi, UAE – January 15, 2019: As global oil consumption crosses the 100-million-barrels-per-day mark, the Abu Dhabi National Oil Company (ADNOC) is reinforcing its leadership role and commitment to environmental stewardship, as it strengthens its position as one of the oil and gas industry’s lowest emitters of greenhouse gases (GHG). While addressing rising global energy demand,

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Colorado Petroleum Council Executive Director Tracee Bentley Responds To Colorado Supreme Court Ruling In Martinez V. Colorado Oil & Gas Conservation Commission

202.682.8114 | press@api.org DENVER, January 14, 2019 – Colorado Petroleum Council Executive Director Tracee Bentley provided the following statement in response to the Colorado Supreme Court’s decision in Martinez v. Colorado Oil & Gas Conservation Commission: “Today’s outcome is positive for all Coloradans. The court was right to deny a single out-of-state interest group – one that advocates for ending

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Eni To Team With BP, Others in Growing Middle East Exploration Campaign

14 January 2019 Topics: Asset/portfolio management Offshore Onshore Eni CEO Claudio Descalzi (center) signed heads of agreement with Oman’s oil and gas ministry and BP for possible exploration of Block 77, located 30 km east of the BP-operated Khazzan Field. Source: BP. ADNOC BP Abu Dhabi UAE PTTEP eni Oman Bahrain Eni has gained a suite of new exploration opportunities

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Halliburton Appoints New Western Hemisphere President

HOUSTON – January 14, 2019 – Halliburton Company (NYSE:HAL) is pleased to announce that Mark Richard, previously senior vice president of the Northern Region, has been promoted to succeed Jim Brown as president of the Western Hemisphere effective Feb. 1, 2019. “Mark’s success in managing multiple regions around the world, his substantial industry knowledge and established customer relationships well position

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Emerson Schedules First Quarter 2019 Earnings Release and Conference Call

ST. LOUIS, Jan. 14, 2019 – Emerson (NYSE: EMR) will report its first quarter 2019 results prior to market open on Tuesday, February 5, 2019.  Emerson senior management will discuss the results during an investor conference call that same day, beginning at 2:00 p.m. Eastern Time, 1:00 p.m. Central Time. All interested parties may listen to the live conference call

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PGGM and Shell explore potential joint acquisition of Eneco

Jan 14, 2019 PGGM and Shell have joined forces to explore the opportunity to participate in the controlled auction for the sustainable energy provider Eneco. In December 2018 Eneco and its shareholders’ committee announced the start of the privatisation process. This consortium is impressed with Eneco’s achievements in transforming the Dutch energy system through investments in sustainability and renewable energy.

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January 2019
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