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Supermajors’ Cost Index: How Efficient are they in Developing their Assets? | Petroleum Africa

The ‘lower for longer' oil price environment has forced oil and gas companies to look hard at their cost structures. Despite development costs accounting for more than 50% of total costs, the industry currently acks a widely accepted measure for assessing efficiency in this area.

Muktadir Ur Rahman


Posted 2 years agoLink > Supermajors Cost IndexBPShell +20

Well Testing Uncertainties Online (Simple Version)

Rating is available when the video has been rented. This feature is not available right now.

Ali Azi


Posted 9 months agoLink > welltestinguncertaintyWell testing +6

Equatorial Guinea to Offer 13 Blocks in Licensing Round

Equatorial Guinea will offer up to 13 deepwater and ultra deepwater blocks in its upcoming April licensing round, said the Minister of Mines and Hydrocarbons in a statement on Tuesday. The statement on Tuesday follows the initial announcement by the Minister earlier this month of the oil, gas, an ...

Aydanur Akkurt - Africa Oil & Power


Posted 7 months agoLink > Equatorial GuineaMalaboAPPO +3

Noble Energy Makes New Equatorial Guinea Petroleum Discovery

Equatorial Guinea's Ministry of Mines and Hydrocarbons (MMH) is pleased to announce that U.S. oil and gas company Noble Energy has made a discovery in offshore Block I. Noble Energy and partners are longtime friends of Equatorial Guinea and it is only fitting that we should build on our oil and g ...

Aydanur Akkurt - Africa Oil & Power


Posted 20 days agoLink > Noble EnergyEquatorial GuineaOil Discovery +1

Trump Says U.S. Should Have Stolen Iraq’s Oil, ‘Maybe We’ll Have Another Chance’

While addressing the CIA on Saturday, President Donald Trump took a break from lambasting the media to remind everyone that he thinks the U.S. should have stolen Iraq's oil. He made the argument numerous times on the campaign trail, suggesting that the U.S. could take Iraq's oil while fighting IS ...

OilVoice Press - OilVoice


Posted 2 years agoLink > Donald TrumpIraq

OPEC’s Last Push for Oil-Cuts Deal Shifts Focus to Iran, Russia

OPEC's final push to implement the Algiers supply accord and boost oil prices shifted focus to Iran and non-members such as Russia as Iraq appeared to reverse its opposition to output cuts. The extension of shuttle diplomacy -- including a visit to Tehran from an architect of the September agreem ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > OPECIranRussia

Angola discloses tender details for oil block concessions

On Tuesday, Angola's National Agency for Oil, Gas, and Biofuels (ANPG) hosted the first of four roadshows in Luanda to highlight the first 10 blocks to be auctioned in 2019. The offshore blocks are located in the Benguela and Namibe basin and will also be presented in Houston, London and Dubai as ...

Aydanur Akkurt - Africa Oil & Power


Posted 13 days agoLink > AngolaLicencing RoundOil +2

Angola prepares for 2019 licensing round

During a visit to Tokyo, Angola's Minister of Mineral Resources and Petroleum Diamantino Pedro Azevedo told S&P Global that the country is in the final stages of preparing for its 2019 licensing round, which will be launched and promoted at the Angola Oil & Gas 2019 Conference and Exhibition hoste ...

Aydanur Akkurt - Africa Oil & Power


Posted 8 months agoLink > AngolaAfrica Oil & PowerAngola Oil & Gas +3

PressTV-Iran to sell oil at $50 per barrel next year

Iran's President Hassan Rouhani, who presented the budget bill to the Parliament on Sunday, portrayed a positive picture of the country's oil revenues for the next year. Rouhani emphasized that the prospects will be specifically positive in light of the country's recent “victory” in OPEC to move ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > Iranoil price

Oil hits highest since mid-2015 as OPEC and rivals agree historic deal

LONDON Oil rose by as much as 6.5 percent on Monday to an 18-month high after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to try to tackle global oversupply and boost prices.Brent crude futures were up $2.38 at $56.72 per barrel by 1002 GMT, having hit ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > OPECoil price

Exclusive: Cost of pump-at-will oil policy spurred Saudi OPEC U-turn

Sources say the kingdom may have stretched its current limits by extracting a record of around 10.7 million bpd this year, which could be one reason why Riyadh pushed so hard for a global deal to cut production.Riyadh, the world's top oil exporter, felt the burn of cheap oil this year when crude w ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > OPECoil priceSaudi Arabia

Oil surges 10pc as OPEC agrees to cut production

The deal brokered at talks in Vienna was achieved after OPEC's largest producer Saudi Arabia gave ground and agreed that Iran — still recovering from trade sanctions — was a special case and would be exempted from the cuts. The deal will reduce output by 1.8MMbd from January 2017 and runs for 6 m ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > OPECoil priceSaudi Arabia +1

Oil prices continue rise as OPEC, Russia agree to cut production

Oil prices have continued their rise after oil producers cartel OPEC and Russia agreed to cut production at a meeting in Vienna yesterday. US stocks have rallied to record highs following the election of Donald Trump as the next US president on optimism about his plans for more infrastructure spe ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > OPECoil priceRussia
Last fetch 9/18/2019 12:36:54 PM