Post Archive by Day: January 11, 2019

PGS Expands Massive Malaysia Sabah MC3D

January 11, 2019 Phase 4 of the multisensor Sabah MultiClient 3D is underway with Ramform Hyperion. Sabah is one of the largest MultiClient projects worldwide and the first ever in Malaysia. Acquisition has begun. PGS will acquire up to 10 000 of GeoStreamer data, adding to the existing 37 000 sq. km multi-phased Sabah MC3D, which is already one

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CGX Energy and Frontera Announce Amendment to Letter Agreement

TORONTO, Jan. 11, 2019 /CNW/ – CGX Energy Inc. (TSXV: OYL) (“CGX“) and Frontera Energy Corporation (TSX: FEC) (“Frontera“) announced today that they have further amended a letter agreement previously disclosed in a news release of CGX and Frontera on December 4, 2018 and amended on December 14, 2018, to extend the time of the launch of the equity financing in

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Ziyen Inc. Software Division Launches Oil Blockchain News Website

by ZiyenSupport | Jan 11, 2019 | Oil Blockchain News, Ziyen | 0 comments Oil and Gas veteran Paul Parnham appointed as Editor-in-Chief of OilBlockchain.News SAN DIEGO, Jan. 10, 2019 (GLOBE NEWSWIRE) — Ziyen Inc., a Scottish American Oil and Intelligence Company, has launched a new international Oil and Gas Blockchain and Cryptocurrency News Website. OilBlockchain.News has been developed by the

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Equinor completes acquisition of the UK Rosebank project

January 11, 2019 Equinor and Chevron have completed their transaction announced in October 2018, whereby Equinor has acquired Chevron’s 40% operated interest in the Rosebank project in the West of Shetland region of the UK Continental Shelf. Rosebank further strengthens Equinor’s UK upstream portfolio which includes the Mariner development, expected to start commercial production during the first half of 2019.

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Scottish global hub aims to transform decommissioning

11 Jan 2019 Unique partnership between The Oil & Gas Technology Centre and University of Aberdeen £38 million investment to create world-leading research and development centre Focused on reducing costs, extending field life and science-based thought leadership The National Decommissioning Centre (NDC), a global technology R&D hub, is today opened by Lord Duncan, UK Government Minister for Scotland and Paul

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Enters into Long-Term Reciprocal Agreements and Technical Initiatives to Support and Grow Core Energy Business HOUSTON – JANUARY 11, 2019: Flotek Industries, Inc. (NYSE: FTK) (“Flotek”) today announced it has entered into a definitive agreement to sell Florida Chemical Company, LLC (“FCC” or “Florida Chemical”), its Consumer and Industrial Chemistry Technologies segment, to Archer Daniels Midland Company (NYSE: ADM) (“ADM”)

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BP plans six new exploration wells in Azerbaijan

11 January, 2019 British oil major BP has announced plans to drill six new exploration wells in Azerbaijan by 2020 after the successful start-up of the giant Shah Deniz field in the South Caspian Sea. According to Gary Jones, BP’s regional president for Azerbaijan, Georgia and Turkey, the company could find a new gas field that is as large as

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