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Petrofac Awarded Contract for Khazzan Phase 2 in Oman

Petrofac has been awarded a lump-sum contract worth approximately US$800 million by BP for the Phase 2 central processing facility (CPF) at the Khazzan Phase 2 (Ghazeer) gas development in the Sultanate of Oman.  This follows the US$ 1.4 billion Phase 1 CPF Khazzan project, awarded to Petrofac i ...

OilVoice Press - OilVoice


Posted 2 days agoPress > PatrofacBPContract +3

Europa Oil & Gas: Maps Over 2.5 tcf of Gas in Place on Offshore Ireland Licence

Europa Oil & Gas (Holdings) plc, the UK and Ireland focussed exploration, development and production company, is pleased to announce an update on its 100% owned Licensing Option (‘LO') 16/20 in the Slyne basin, offshore Ireland which lies adjacent to the producing Corrib gas field (‘Corrib').  The ...

OilVoice Press - OilVoice


Posted 2 days agoPress > Europa Oil & GasAFBE-UK ScotlandUnited Kingdom +5

Clifford Beaumont: OPEC to Extend Oil Cuts to End of 2018

(1888 PressRelease) Clifford Beaumont: OPEC and members to extend production cuts in effort to end global supply glut. OPEC and other non OPEC oil producers seem ready to reach an agreement at this week's meeting to prolong production restrictions until the end of next year. An analyst at Taipei, ...

Donald Hood


Posted 2 days agoOpinion

Incident at Baumgarten Natural Gas Station: International Gas Transit will be Restored

An explosion occurred on Tuesday before 9:00 a.m. on the grounds of the Baumgarten gas distribution hub of Gas Connect Austria (GCA), a subsidiary in which OMV holds 51%. The fire produced by the incident was then completely extinguished during the afternoon. It is with great sadness that we have t ...

OilVoice Press - OilVoice


Posted 2 days agoPress > BaumgartenAustriaOMV +3

Environmental Performance of Industry Captured in Key Report

North Sea oil and gas production is up but greenhouse gas emissions in 2016 were down against 2015 performance, according to Oil & Gas UK's latest Environment Report . Although carbon dioxide (CO 2 ) emissions on the UK Continental Shelf (UKCS) rose by 4 per cent between 2014 and 2016, this was a ...

OilVoice Press - OilVoice


Posted 2 days agoPress > North SeaUKUnited Kingdom +3

Genoil Signs Agreement to Develop Five Oil and Gas Fields in Yakutia, Russia, with 1.8 Billion Barrels of Recoverable Reserves

Agreement builds on the international relationships Genoil has developed, as well as the interest generated in its state of the art GHU technology   NEW YORK -  Genoil (GNOLF), the publicly traded clean technology engineering company for the petroleum industry, has signed an agreement to devel ...

OilVoice Press - OilVoice


Posted 2 days agoPress > GenoilRussiaGHU Technology +1

Cue Energy: WA-359-P Extension of BP Equity Option

• Extension of BP option to acquire 42.5% equity in WA - 359 - P until 25 April 2018 • 75% funding for the Ironbark - 1 exploration well conditionally secured Melbourne, Australia; Cue Energy Resources Ltd (ASX:CUE) is pleased to advise that through its 100% owned subsidiary ...

OilVoice Press - OilVoice


Posted 2 days agoPress > BPCue EnergyOffshore +4

Prices Calm After Forties Pipeline System Shut Down News – But For How Long?

Emergency work on the Forties North Sea pipeline initially shook the markets with Serica Energy Plc (LON:SQZ) shares falling around 5% on the news , which also sent brent crude soaring to above $65 a barrel. Prices then calmed but pipeline-owner INEOS' announcement that deliveries of crude are n ...

Scott Johnson


Posted 2 days agoOpinion > fortiesIneosUnited Kingdom +5

Bakken Gas Threatens Crude Production

The output of associated gas in two counties within the Bakken core has already exceeded local processing capacity, and will impact production growth, according to ESAI Energy's December North America Watch. Associated natural gas output is rapidly increasing from the core counties in the Bakken. ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > Bakken GasESAI EnergyNorth Dakota

Incident at Baumgarten Natural Gas Station: International Gas Transit will be Restored

An explosion occurred this morning before 9:00 a.m. on the grounds of the Baumgarten gas distribution hub of Gas Connect Austria (GCA), a subsidiary in which OMV holds 51%. The fire produced by the incident was then completely extinguished during the afternoon. It is with great sadness that we have ...

OilVoice Press - OilVoice


Posted 2 days agoPress > Gas Connect AustriaGCABaumgarten +3

Oil price, SDX Energy, President Energy, Savannah Petroleum, Amerisur Resources, Sundry-Petrofac-IOG- And finally…

  Oil price At this rate with crude up modestly this morning the week may end up being flat or even up a touch, news in the market has tugged the price this way and that reflecting diverse sympathies. The downward pressure has come from agencies reporting higher US shale production and today th ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 days agoOpinion > oil priceAmerisur ResourcesPresident Energy +6

Subsea 7 Awarded Contracts Offshore Norway

Luxembourg - 15 December 2017 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY)today announced the award of two contracts from alliance partner Aker BP in theNorwegian North Sea. The contracts are for the Skogul project and the ValhallFlank West project, which collectively are equivalent to a sizeable( ...

OilVoice Press - OilVoice


Posted 2 days agoPress > OffshoreNorwayContract +4

U.S. Biodiesel Production Still Increasing Despite Expiration of Tax Credit

Source: U.S. Energy Information Administration, Monthly Biodiesel Production Report Through the first nine months of 2017, U.S. biodiesel production levels were slightly higher than 2016 levels, despite the expiration of a federal biodiesel blender's tax credit at the end of 2016. Domestic ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > EIAEnergy Information Administration EIAUnited States +3

Micro-Cap Oil & Gas Explorer's First Permian Basin Well Flowing 465 Barrels/Day

Exploration is just beginning for this oil and gas E&P with large tracts of prime land in the Permian Basin in Texas. Torchlight's Hazel Project, Midland Basin, Texas Torchlight Energy Resources Inc. (TRCH:NASDAQ) , an oil and gas exploration and production (E&P) company with rights to pro ...

OilVoice Press - OilVoice


Posted 2 days agoPress > Permian BasinTexasUnited States +3

Petrobras and ExxonMobil Form Strategic Alliance

Petrobras and ExxonMobil  have signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities. The memorandum of understanding was signed in Rio de Janeiro today by Pedro Parente, president of Petrobras, Brad Corson, president ...

OilVoice Press - OilVoice


Posted 2 days agoPress > PetrobrasExxonMobilStrategic Alliance +2
Last fetch 12/17/2017 5:48:50 PM