Tag Archive

Halliburton and Repsol Sign Cloud Data Management Agreement

Halliburton and Repsol Sign Cloud Data Management Agreement

October 29, 2019 No Comments

Halliburton Company (NYSE: HAL) announced a multi-year agreement with Repsol to provide a cloud-based master data management solution for exploration and production (E&P) activities. The software as a service enables users to load, ingest, manage and access log, well and other E&P data across different locations for greater efficiency and productivity throughout Repsol’s asset portfolio. […]

Renewal of Otakikpo Marginal Field License

Renewal of Otakikpo Marginal Field License

October 21, 2019 No Comments

LEKOIL (AIM: LEK), announce that the Otakikpo Joint Venture (the “Joint Venture” or “JV”) between Green Energy International Limited (“GEIL”) and LEKOIL (with LEKOIL as Technical Partner) has sanctioned Phase Two of the Otakikpo field development plan (as described below), following the successful completion of an independent third party competent persons report (“CPR”), and technical […]

Shell Egypt to Sell Assets in Western Desert

Shell Egypt to Sell Assets in Western Desert

October 21, 2019 No Comments

Shell Egypt is to market its current onshore upstream assets in the Western Desert in order to fully concentrate on growing its Egyptian offshore exploration and integrated gas business. Wael Sawan, Shell Upstream Director, said: “Shell is proud to have worked in Egypt for over 100 years. We remain committed to Egypt and see our […]

Another Oil Discovery Offshore Guyana at Tripletail

Another Oil Discovery Offshore Guyana at Tripletail

September 16, 2019 No Comments

Hess Corporation (NYSE: HES) today announced a discovery at the Tripletail-1 well on the Stabroek Block offshore Guyana. Tripletail-1 encountered approximately 108 feet (33 meters) of a high quality oil bearing sandstone reservoir. Tripletail-1, drilled in 6,572 feet (2,003 meters) of water, is located approximately 3 miles (5 kilometers) northeast of the Longtail discovery. After […]

Qatar Petroleum signs agreement in Guyana

Qatar Petroleum signs agreement in Guyana

July 30, 2019 No Comments

Qatar Petroleum has entered into an agreement with Total for a share of exploration and production rights in two blocks offshore Guyana in Latin America. Under the agreement, which is subject to customary regulatory approvals by the government of Guyana, Qatar Petroleum will hold 40% of Total’s existing 25% participating interest in the Orinduik block. […]

Eni Announce results for the  half year 2019

Eni Announce results for the half year 2019

July 26, 2019 No Comments

Yesterday, Eni’s Board of Directors approved the Group results for the second quarter and first half of 2019 (unaudited). Group results Adjusted operating profit: €2.28 billion for the second quarter, down by 11% q-o-q (€4.63 billion in the first half, down by 6%). Excluding the impact of the loss of control over Eni Norge on […]

Schlumberger launch the GAIA Digital Exploration Platform

Schlumberger launch the GAIA Digital Exploration Platform

June 4, 2019 No Comments

Schlumberger introduced the GAIA* digital exploration platform at the 81st EAGE Conference & Exhibition. The GAIA platform enables exploration teams to rapidly discover and access basin-scale data and manage their exploration opportunities. The GAIA platform uses the power of the DELFI* E&P cognitive environment to access data available from Schlumberger and other E&P industry data […]

Oil discovery in the deep-water US Gulf of Mexico

Oil discovery in the deep-water US Gulf of Mexico

April 24, 2019 No Comments

Operator Shell Offshore Inc. today announced a significant discovery at the Blacktip prospect in the deepwater U.S. Gulf of Mexico. Equinor holds a 19.1% working interest in the block. The Blacktip exploration well has encountered more than 400 feet (122 metres) net oil pay with good reservoir and fluid characteristics in the Alaminos Canyon Block […]

Total’s Exploration prospects in Africa

Total’s Exploration prospects in Africa

March 13, 2019 No Comments

Total announced a significant achievement off the coast of South Africa: the discovery of an important gas condensate field on the Brulpadda (“bullfrog” in Afrikaans) prospect deep offshore. João Amaral, Vice President, General Affairs and Exploration Affiliates, Africa for Total Exploration & Production, discusses follow-up prospects to the recent discovery in South Africa. The Group’s […]

Aker BP Announce Continued strong growth in 2018

Aker BP Announce Continued strong growth in 2018

February 8, 2019 No Comments

Aker BP continued its positive development and strong growth in 2018. Total income increased by 46 percent from 2017 and all major field development projects progressed as planned. Reserve replacement was above 100 percent and the company continued to grow its resource base through acquisitions and exploration success. The debt level was significantly reduced and […]

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