Neptune Energy Group Agrees to Acquire UK Central North Sea Assets
Neptune Energy Group (“Neptune”) announced today that it has entered into a Sale and Purchase Agreement to acquire certain development and exploration assets in the UK Central North Sea from Apache North Sea Limited (“ANSL”), a wholly owned subsidiary of Apache Corporation (“Apache”). Neptune wi ...
WTI $67.73 +82c, Brent $72.81 +74c, Diff -$5.18 -8c, NG $2.94 -1c Oil Price Last week WTI fell a modest 76c and Brent 40c with the EIA inventory stats causing most grief. With a strong dollar and US/Sino and US/Turkish trade wars hotting up downward pressure was exerted but attacks by and on ...Malcolm Graham-Wood - Malcy's Blog
Santos Accelerates Cooper Basin Natural Gas Development With Fourth Rig
Santos is pleased to announce a fourth rig, the Ensign 965, has started operations in the Cooper Basin, as the company continues its drive to produce more Australian natural gas to supply the east coast domestic market. The rig will drill eight wells by the end of this year, starting in the Big La ...
Delivery of fast track 3D seismic data on Tullow Oil-operated licence, offshore Jamaica Highlights Delivery of fast track 3D seismic data following completion of 2,250 sq km survey over Walton-Morant licence ahead of schedule and under budget High-grade Colibri target can be clearly identif ...NPD: Dry Well North of the Johan Castberg Field in the Barents Sea – 7322/7-1
Spirit Energy Norge AS, operator of production licence 852, has concluded the drilling of wildcat well 7322/7-1. The well is dry. The well was drilled about 120 km north of the Johan Castberg field in the Barents Sea and 310 km north of Hammerfest. The objective of the well was to prove reservoi ...Oil & Gas Firm's Q2/18 Shows Production Upside, 'Portfolio Cleanup,' Strong Cash Flow
A Raymond James report reviewed the company's most recent financial and production numbers. In an August 2 research note, analyst Pavel Molchanov with Raymond James reported that against a backdrop of increased production and high cash flow in Q2/18, Marathon Oil Corp.'s (MRO:NYSE) ear ...Petrofac Secures New Banking Facilities
Petrofac Limited ("Petrofac" or "the Company") announces that it has secured US$300 million of new bank facilities with existing relationship banks. These new committed facilities, which will mature in 2020, provide additional liquidity and will reduce utilisation of the Company's existing revolving ...U.S. Refineries Running at Near-Record Highs
Source: U.S. Energy Information Administration, Weekly Petroleum Status Report For the week ending July 6, 2018, the four-week average of U.S. gross refinery inputs surpassed 18 million barrels per day (b/d) for the first time on record. U.S. refineries are running at record levels in resp ...3PE Anti-corrosion Steel Pipe Has High Quality Anti-corrosion Ability
PE is a kind of material for anti-corrosion steel pipe. This material is called polyethylene, so PE anti-corrosion steel pipe can also be called polyethylene anti-corrosion steel pipe. 3PE anti-corrosion steel pipe and 2PE anti-corrosion steel pipe are two classifications of PE anti-corrosion steel ...
State-owned oil and natural gas company Pertamina is poised to capitalize on the improved gross split production sharing contract (PSC) terms in Indonesia, says leading data and analytics company GlobalData . The gross split PSC, which removes the cost recovery element, with all production dire ...GMB Members on Equinor Mariner Oil Rig Vote to Accept Improved Pay Offer
GMB members showed how prepared they were to flex their industrial muscles when required says GMB Union GMB, the union for the offshore industry, has announced members working on the Equinor Mariner platform have voted to accept an improved pay offer from the company. A total of 75% of those ba ...Ampelmann Steps Up North Sea Activity With Six New Contracts
Relocation to larger premises signals successful year so far Delft, 13 August 2018 Ampelmann, the global leader in offshore access solutions, has strengthened its position in the North Sea this year after being awarded four new contracts and two extended scopes of work in the basin. The projec ...Petrofac Awarded Basra Oil Company EPC Contract
Petrofac has been awarded a contract worth around US$370 million by Basra Oil Company (BOC) for expansion of the Central Processing Facility (CPF), located in the Majnoon Field, Southern Iraq. Under the terms of the 34-month contract, the lump-sum engineering, procurement and construction (EP ...Political Strife Causes Libyan Crude Oil Output to Fall
July was a hectic month for Libyan production, with political strife erasing the recent gains made in the oil sector. The aftermath of fighting at eastern Libyan ports and abductions at Sharara led to an exacerbated drop in production in July, which fell about 20% from Kayrros measurements in June. ...Construction Manager Substation
Progressive Global Energy is leading international Recruitment Company providing both temporary and permanent recruitment solutions to clients within the Energy Sector. From our Dubai office, we are currently looking for a Construction Manager to work on a 400kV Substation based in U.A.E. This will ...United Arab Emirates AE Contract competitive
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