Tag Archive

SDX Energy Announce Egypt Operations Update

SDX Energy Announce Egypt Operations Update

January 14, 2019 No Comments

SDX Energy Inc. (TSXV, AIM: SDX), provided an update on operational developments in Egypt. A full operations update will be announced in late January 2019. The SRM-3 well at South Ramadan (SDX 12.75% working interest and non-operator), reached a target depth of 15,635 feet and the operator has reported encountering 75 feet of net conventional […]

Equinor completes acquisition of Rosebank project

Equinor completes acquisition of Rosebank project

January 11, 2019 No Comments

Equinor and Chevron have completed their transaction announced in October 2018, whereby Equinor has acquired Chevron’s 40% operated interest in the Rosebank project in the West of Shetland region of the UK Continental Shelf. Rosebank further strengthens Equinor’s UK upstream portfolio which includes the Mariner development, expected to start commercial production during the first half […]

Angola on Path to Growth in 2019

Angola on Path to Growth in 2019

December 21, 2018 No Comments

Reforms span from changes in tax law to changes in concession contracts and the opening of marginal fields to African independents. Key measures include the formation of upstream and downstream taskforces, the privatization of some Sonangol subsidiaries, and the creation of a new regulator to manage concessions. The measures are already attracting interest from investors […]

Total and Petrobras Announce Progress in their Strategic Alliance

Total and Petrobras Announce Progress in their Strategic Alliance

December 21, 2018 No Comments

Total and Petrobras announced that they have achieved significant progress in the scope of their Strategic Alliance, signed in March 2017: The first concrete results of jointly implemented R&D projects. Examples of such work include in particular: – With regard to artificial intelligence: new automatic techniques to identify geological faults, leading to significant efficiency gains. […]

Canada Provides Truck Drivers With Electric and alternative fuel vehicles

Canada Provides Truck Drivers With Electric and alternative fuel vehicles

December 20, 2018 No Comments

Electric and alternative fuel vehicles play a key role in Canada’s low-carbon future. As Canadians continue to make greener choices, our government is giving them more options to drive cleaner. Member of Parliament for London North Centre, Peter Fragiskatos, on behalf of Canada’s Minister of Natural Resources, the Honourable Amarjeet Sohi, today announced a $3-million […]

CNOOC Signs Agreements with 9 International Oil Companies

CNOOC Signs Agreements with 9 International Oil Companies

December 18, 2018 No Comments

CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, ConocoPhillips, Equinor, Husky, KUFPEC, Roc Oil, Shell, SK Innovation and TOTAL (in alphabetical order). According to the agreements, the Strategic Cooperation […]

ENGIE to fuel first buses with compressed natural gas in Cote d’Ivoire

ENGIE to fuel first buses with compressed natural gas in Cote d’Ivoire

December 17, 2018 No Comments

The Ivorian Minister of Transport, Mr Amadou Koné, and several government Ministers gathered to launch a ground breaking initiative as part of the country’s commitment to the Paris COP 21 agreement. The Minister unveiled a fleet of buses commissioned by the Société des Transports Abidjanais (SOTRA), supplied by IVECO and fuelled by compressed natural gas. […]

Hess Announces 2019 E&P Capital and Exploratory Budget

Hess Announces 2019 E&P Capital and Exploratory Budget

December 10, 2018 No Comments

Hess Corporation (NYSE:HES) today announced a 2019 E&P capital and exploratory budget of $2.9 billion. Of this, approximately 75 percent will be allocated to high return growth assets in the Bakken and Guyana. Net production is forecast to average between 270,000 and 280,000 barrels of oil equivalent per day in 2019, excluding Libya, compared to […]

Petróleo Brasileiro 2019-2023 Business and Management Plan

Petróleo Brasileiro 2019-2023 Business and Management Plan

December 9, 2018 No Comments

Petrobras reports that its Board of Directors has approved, in a meeting held yesterday, the 2040 Strategic Plan and the 2019-2023 Business and Management Plan, prepared in an integrated manner. 2019-2023 Business and Management Plan Integrated into the Strategic Plan, the Business and Management Plan details the operational planning, with a focus on safety, as […]

Wood Awarded Major pipeline Contract

Wood Awarded Major pipeline Contract

December 5, 2018 No Comments

Wood has been awarded a $43 million (USD) contract by a large-cap midstream company to construct 80 miles of steel pipeline in west Texas. The project will serve to transport natural gas liquids (NGL) across Texas. At peak construction, the project is anticipated to employ 200 people. Andrew Stewart, CEO of Wood’s Asset Solutions Americas […]

Page 1 of 6212345»102030...Last »