Published in Oil Industry News on Monday, 4 April 2016 Malaysia has opened an area of its offshore waters to the multi-client seismic model for the first time, TGS, a Norwegian seismic company said on Friday. According to TGS, the move is a result of a new initiative by Petronas… Lire la suite →
Published in Oil Industry News on Saturday, 2 April 2016 Exxon Mobil is in talks to buy a stake of around 15 percent in Italian oil major Eni’s giant Area 4 gas field in Mozambique, two sources familiar with the matter said. Exxon is seen as a front-runner to buy… Lire la suite →
Mubadala Petroleum, Operator of the G1/48 concession containing the Manora Oil Development, has advised that at 11.15 am on 22 March 2016 the Atwood Orca jackup drilling unit began drilling MNA-16 the first of two planned development wells. Following the commencement of Manora production in November 2014, and following a… Lire la suite →
Technip Angola Engenharia Limitada, a joint venture between Technip and Sonangol, has secured a three-year engineering services contract from Total E&P Angola. This contract covers services for the existing Girassol, Pazflor, Dalia and CLOV floating production storage and offloading (FPSO) units and associated subsea field development. The FPSOs are located in Block… Lire la suite →
STAVANGER, Norway, March 1 (UPI) —Norwegian energy company Statoil said Tuesday it started drilling the first well for the Johan Sverdrup field, one of the largest ever discovered. Johan Sverdrup is one of the five biggest oil fields ever discovered on the Norwegian continental shelf, with a reserve basin of… Lire la suite →
Published in Oil Industry News on Sunday, 7 February 2016 Venezuelan Oil Minister Eulogio Del Pino, on a tour of oil producers to lobby for action to prop up prices, said on Thursday he had a “good and productive” meeting with his Qatari counterpart. The Qatari ministry also said the… Lire la suite →
Published in Oil Industry News on Friday, 5 February 2016 Total has signed long-term sale and purchase agreements with Pertamina for the supply of LNG volumes over a period of 15 years beginning in 2020. “These agreements allow the Group to further expand its longstanding cooperation with Pertamina and to… Lire la suite →
Published in Oil Industry News on Sunday, 31 January 2016 Saudi Arabia has successfully defended its share of the U.S. oil market even as rising domestic production from shale and growing pipeline imports from Canada have cut seaborne imports from other countries. Saudi crude exports to the United States have… Lire la suite →
Published in Oil Industry News on Friday, 29 January 2016 French energy giant Total will sign a contract with Iran to buy crude oil, the company’s chief executive said Thursday after meeting Iranian President Hassan Rouhani during his visit to France. “We plan to sign a contract which will allow… Lire la suite →
Shares rise 4.2% in London as exploration company says find suggests ‘significant potential’ Fiona Reddan Oil exploration company Tullow Oil said on Tuesday that its Etom-2 well in Northern Kenya has encountered over 100 metres of net oil play in the best reservoirs in the basin so far. Oil exploration… Lire la suite →
