Ophir Energy


All posts for Ophir Energy

Oil Price, BP, Zenith, Faroe, Gulfsands, Empyrean, Ophir, Amerisur, Links And Finally…

WTI $63.73 -$1.09, Brent $69.15 -$1.11, Diff -$5.42 -2c, NG $3.13 -7c Oil Price A down day after the Martin Luther King holiday, probably a bit of a technical correction, $65 and $70 seemed a little rich for the money managers with over a bill tied up in oil…But comments by Russian Oil Minis ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > MalcyMalcy's Blogoil price +7

Ophir Energy: Trading Update

Ophir provides a trading update for the year ended 31 December 2017 ahead of the publication of audited financial results on 7 March 2018: Nick Cooper, Chief Executive of Ophir, said: “Ophir has reached financial stability. We ended 2017 in a strong financial position with increased gross liqu ...

OilVoice Press - OilVoice


Posted 2 years agoPress > Trading UpdateOphir Energy2018 Outlook

Oil price, Echo Energy, Zenith Energy, Savannah Petroleum, Hunting, Ophir Energy And finally…

  Oil price For a benchmark crude that is facing 2/3 weeks of production down by around 450/- b/d Brent is surprisingly flat, it probably gives off warning signs that the market feels that any temporary shortage of supply can be handled from existing resources. This is not brilliant news for bu ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > oil priceEcho EnergyZenith Energy +3

Ophir Energy: Fortuna FLNG Project Update

The following is an update on the status of the Fortuna FLNG project ("the Project"), Equatorial Guinea. Ophir has agreed a twelve-month extension to the Block R licence, in which the Project is situated, to the end of December 2018. The Company, together with its partners in the Project, has bee ...

OilVoice Press - OilVoice


Posted 2 years agoPress > Ophir EnergyFortuna FLNG ProjectEquatorial Guinea

Oil price, Ophir Energy, SDX Energy, Cabot Energy, Sound Energy And finally...

  Oil price The news this week on the oil price has been as much if not more than a fairly slim number of company announcements, with the Opec meeting next week this may continue to be the case. Spending some time in the true home of oil this week was inspirational and as is often the case some ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > oil priceOphir EnergySDX Energy +4

Oil price, Amerisur, Hurricane, Ophir And finally…

  Oil price The oil price has fallen by around a dollar this morning as there are one or two snippets of indifferent news around. First glance at September output from Opec is apparently a touch disappointing but although Libya is up a bit I think that Nigeria is still down somewhat. This might ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > oil priceAmerisur ResourcesHurricane Energy +1

Award of Upstream Construction Contracts for the Fortuna FLNG Project

Ophir Equatorial Guinea (Block R) Ltd, a 100% owned subsidiary of Ophir, has awarded the upstream construction contract for the Fortuna FLNG Project to Subsea Integration Alliance, which is a partnership between OneSubsea, a Schlumberger company, and Subsea 7. The contract is structured as an engi ...

OilVoice Press - OilVoice


Posted 2 years agoPress > FLNGOphir EnergyEquatorial Guinea +4

Fortuna FLNG Offtake Awarded to Gunvor

The Ministry of Mines and Hydrocarbons of Equatorial Guinea (“MMH”), Ophir Equatorial Guinea (Block R) Ltd, OneLNG SA and La Compania Nacional De Petroleos De Guinea Ecuatorial (“GEPetrol”) have nominated [Gunvor Group Ltd (“Gunvor”)] as its preferred LNG Buyer for offtake from the Fortuna FLNG proj ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 years agoPress > Equatorial GuineaOphir EnergyGEPetrol +2

Oil price, Echo Energy, Cairn/FAR, Sundry-Ophir-Faroe-Various broadcasts- And finally…

Oil price Momentum seems to be the watchword in what is a particularly lethargic market at the moment, general blaming of Opec and Non-Opec production from Nigeria, Libya and the US is deemed to cover the situation. Whilst on those organisations it seems that Opec compliance in May was 108% and No ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's BlogEcho EnergyCairn Energy +3

Oil price, Premier Oil, Echo Energy, Ophir Energy, And finally…

Oil price The edging up of the oil price on friday meant that the week ended up +$1.61 for WTI and +$1.74 for Brent. The best was yet to come as at a meeting in Beijing it seems that the Saudi and Russian Oil Ministers have ‘seen the need to prolong the current deal through the first quarter 2018' ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's BlogPremier OilEcho Energy +1

Oil price, Genel, Ophir, Sundry-Sound Energy-Ascent- And finally…

Oil price As if proof were ever needed that crude is trading in a narrow range last week WTI was up 3 cents on the week while Brent was down a whopping 11 cents. The end of the week was best for the bulls as the IEA added to other reporters in assessing the adherence to the quotas as being over 90 ...

OilVoice Press - OilVoice


Posted 3 years agoOpinion > Malcy's BlogOphir EnergySound Energy +2

Oil price, SDX Energy, Ithaca, Faroe, Premier, Ophir, Wressle, And finally…

Oil price There are going to be a lot of weeks like this so get used to it! The Grand Old Duke of York would be proud of the ups and downs of the oil market mainly on the whim or rumour whirling around. Yesterday the good news was provided by the Saudis and the Russians who said that they were alr ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 years agoOpinion > Malcy's BlogSDX EnergyIthaca Energy +3

Ophir Energy conclude Tanzania drilling

Ophir and its joint venture partners, BG Tanzania (Shell) and Pavilion Energy, have concluded the drilling of two exploration wells offshore Tanzania, safely and on time. The programme comprised Kitatange-1 in Block 1 and Bunju-1 in Block 4.  After evaluation, Shell, the operator of Blocks 1 and 4, ...

OilVoice Press - OilVoice


Posted 3 years agoPress > TanzaniaOphir EnergyDrilling Activity