joint venture


All posts for joint venture

Solving the Complexity of Joint Venture Accounting Within the Upstream Oil & Gas Sector

Joint Venture accounting within the Upstream Oil & Gas sector often overwhelms the existing core finance function. TouchstoneEnergy has developed a sector-specific application which allows Oil and Gas companies to optimise, monitor and better control their Joint Venture processes.  The Joint Vent ...

Marcus Kelly - TouchstoneEnergy


Posted 2 months agoPress > Touchstonejoint ventureJoint Operating Agreement +6

KCA Deutag and SOCAR AQS Announce Historic Caspian Joint Venture

SOCAR AQS and KCA Deutag today announce that they have reached an agreement to form a joint venture that will target existing and future opportunities in the offshore and onshore Caspian drilling and engineering market.  The joint venture, which will be jointly owned and managed, will be called Tu ...

OilVoice Press - OilVoice


Posted 2 months agoPress > JVjoint ventureKCA DEUTAG +6

TouchstoneEnergy Launches Easy-to-Use Web-Based Solution for Joint Venture Accounting Automation

TouchstoneEnergy's Joint Venture accounting module automates joint venture cost allocations, streamlining approval and billing workflows. It makes cost recovery a quick and easy process giving both internal stakeholders and JV partners confidence that the figures presented are accurate. EnergyFlow ...

Marcus Kelly - TouchstoneEnergy


Posted 4 months agoPress > joint ventureoil and gas accountingTouchstone +5

CNOOC and Shell Joint Venture Starts Production at New Petrochemical Units in China

China National Offshore Oil Corporation (CNOOC) and Shell Nanhai B.V. (Shell) today announce the official start-up of the second ethylene cracker at their Nanhai petrochemicals complex in Huizhou, Guangdong Province, China. Several linked derivative units have also started up and the remaining uni ...

OilVoice Press - OilVoice


Posted 5 months agoPress > CNOOCShelljoint venture +4

SABIC and ExxonMobil Advance Gulf Coast Project with Creation of a New Joint Venture

RIYADH, Saudi Arabia & SPRING, Texas--( BUSINESS WIRE )--SABIC and  ExxonMobil  said today that they have created a new joint venture to advance development of the  Gulf Coast Growth Ventures project , a 1.8 million tonne ethane cracker currently planned for construction in San Patricio County, Tex ...

OilVoice Press - OilVoice


Posted 5 months agoPress > SabicExxonMobilGulf Coast +3

FluidOil: Mexico JV Supports VHTL Commercialisation Strategy

London, April 4, 2018:  FluidOil, the independent international heavy oil technology company, has concluded an agreement to form a new Joint Venture in Mexico, to advance the commercialisation of its VHTL upgrading technology in the country. The joint venture, trading as FOMEX S.A. de C.V. (“FOME ...

OilVoice Press - OilVoice


Posted 6 months agoPress > JVjoint ventureFluidOil +2

KCA Deutag Enters Into a Combination Agreement With Dalma Energy

  KCA Deutag and Dalma enter agreement to combine to form enlarged drilling and engineering group creating an excellent platform to capture growth opportunities in major markets Prior to publication, this document contained inside information under Regulation (EU) 596/2014 on market abuse. ...

OilVoice Press - OilVoice


Posted 7 months agoPress > KCA DEUTAGDalma EnergyDrilling +4

First Acquisition for 2018 Adds 450 boe/d Gross to Canadian JV Production

Highlights: • Acquiring oil and gas assets producing 450 boe/d in its existing area of focus in Central Alberta for the gross amount of CAN$1.9m (30% working interest for the Company). • Acquisition is subject to Court Approval as the assets form part of a Court Appointed Re ...

OilVoice Press - OilVoice


Posted 7 months agoPress > AcquisitionWhitebark EnergyCanada +3

Subsea 7 Announces Agreement to Invest in Xodus Group

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) and Chiyoda Corporation today announced that Subsea 7 has agreed to acquire a 60% holding in Xodus Group, a leading energy consultancy, from Chiyoda. Chiyoda will retain a 40% holding as a joint venture partner. This investment by Subsea 7 will help the ...

OilVoice Press - OilVoice


Posted 8 months agoPress > Subsea 7investmentXodus Group +2

US: Total, Borealis and NOVA Chemicals Sign Definitive Agreements to Form a Joint Venture in Petrochemicals

Paris/Vienne/Calgary – Total S.A. (“Total”), Borealis AG (“Borealis”) and NOVA Chemicals Corporation (“NOVA Chemicals”) today announced that affiliates of the three companies have signed definitive agreements to form a joint venture in petrochemicals on the U.S. Gulf Coast.   The joint venture ...

OilVoice Press - OilVoice


Posted 8 months agoPress > USUnited StatesJV +5

SEACOR Marine Orders Unique Hybrid Power and DP Upgrades for Three More Platform Supply Vessels

Seacor Maya was the first MEXMAR vessel chosen for KONGSBERG's unique ‘Full Picture' delivery Kongsberg, Norway, 25 January 2018 – KONGSBERG has received an order to deliver unique ‘Full Picture' technology upgrades for a further three Platform Supply Vessels (PSV) owned by Mantenimiento Ex ...

OilVoice Press - OilVoice


Posted 8 months agoPress > PSVSEACORPlatform Supply Vessels +3

Gas Supply Contract With ENEO Not Extended

Victoria Oil & Gas Plc (“the Company”) announced on 26 June 2017 that it had extended a gas supply agreement with ENEO Cameroon S.A. (“ENEO”), the Cameroon energy joint venture between UK Group Actis and the Cameroon Government, until 31 December 2017, whilst negotiations to agree a new long-term c ...

OilVoice Press - OilVoice


Posted 9 months agoPress > Gas Supply ContractVOGVictoria Oil & Gas +6

FairfieldNodal and Schlumberger Multiclient Project Update

  FairfieldNodal and Schlumberger Announce Phase II of 3D Survey in the Southern Delaware Basin Phase II of Coyanosa Survey in progress in Ward, Reeves and Pecos Counties, Texas The FairfieldNodal and Schlumberger WesternGeco multiclient joint venture project in southern Delaware Basin of ...

OilVoice Press - OilVoice


Posted 9 months agoPress > FairfieldNodalSchlumbergerSouthern Delaware Basin Phase II +5

Cue Energy: Paus Biru-1 Exploration Well Approval

 Sampang PSC Joint Venture approves drilling of Paus Biru - 1 Exploration Well  Site surveys underway with w ell planned for Q 4 2018 Melbourne, Australia; Cue Energy Resources L imited (ASX:CUE) is pleased to announce that the Sampang PSC Joint Venture has approved the drilli ...

OilVoice Press - OilVoice


Posted 9 months agoPress > Cue EnergySampangjoint venture +4

Whitebark Energy: Canadian Production Increase by 60%

Whitebark Energy Ltd (ASX: WBE) (“Whitebark” or “the Company”) is pleased to provide an update to shareholders with regards to its Canadian activities. Point Loma JV (PLJV), Canada (WBE 20% WI) Following the drilling of two wells and the reactivation of two stranded wells, Whitebark net produc ...

OilVoice Press - OilVoice


Posted 10 months agoPress > ASXWhitebark EnergyCanada +3