Tag Archive

TechnipFMC Awarded EPCI Contract in Brazil

TechnipFMC Awarded EPCI Contract in Brazil

February 6, 2019 No Comments

TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded by Petrobras, on behalf of the Libra Consortium, comprised of Petrobras, Shell, Total, CNOOC Limited, CNPC and Pré-Sal Petróleo (PPSA), a large engineering, procurement, construction and installation (EPCI) contract for the Mero 1 pre-salt field, located in the Santos Basin, at 2,100 meters of water depth offshore […]

Canadian government announces support for workers in oil and gas sector

Canadian government announces support for workers in oil and gas sector

December 20, 2018 No Comments

The Government of Canada announced more than $1.6 billion to support jobs and workers in Canada’s oil and gas sector, as Canada seeks to diversify export markets for its resources beyond the United States. These measures will support workers and their families, foster competitiveness and improve the long-term environmental performance of the oil and gas […]

Eni presents its online magazine Eniday at the Triennale in Milan

October 5, 2015 No Comments

Eni will present its online magazine Eniday, a digital platform in English and Italian devoted to stories about the new frontiers of energy and technological innovation applied to sustainable development. Eniday tells stories about exploration and research, but also the experiences of the people who work to transform the earth’s natural resources into energy every […]

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Project Financing in Oil and Gas 2015

June 2, 2015 No Comments

How different oil price scenarios will impact project financing SMi Group reports (2015.06.02): the 2nd annual Project Financing in Oil and Gas Conference will be taking place in London, UK, on the 23-24 November 2015. Registration now open SMi’s Project Financing in Oil and Gas Conference is aimed to give a detailed update on the […]

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Rose Petroleum plc Announce Fundraising of £3.5m by way of a conditional placing and subscription

December 1, 2014 No Comments

Rose Petroleum plc, the AIM-listed (Ticker: ROSE) natural resources company, is pleased to announce its intention to raise £3.5m by way of a conditional placing and subscription. Summary of the Placing · The Company proposes to raise £3.5m (before expenses) by way of a conditional placing by Allenby Capital Limited (“Allenby Capital”) and Pareto Securities […]

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IMF and the Extractive Industries Transparency Initiative Collaborate Toward Improving Transparency of Natural Resources Revenues

October 16, 2014 No Comments

The International Monetary Fund (IMF) and the Extractive Industries Transparency Initiative (EITI) are collaborating to improve transparency and consistency of government revenues from natural resources. The effort is based on a framework that the IMF’s Statistics Department has developed in close consultation with other stakeholders, including the EITI, to collect data and report information on […]

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Oman Oil Company signs Revolving Credit Facility (RCF) Agreement worth $1.85 billion

September 11, 2014 No Comments

Oman Oil Company S.A.O.C. (OOC), the Sultanate’s energy investment arm, has signed a Revolving Credit Facility (RCF) Agreement worth $1.85 billion with 16 local, regional and international banks. The RCF is fully committed, unsecured and is available as a $1 billion three year facility and as an $850 million five year facility. The RCF will […]

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Extreme weather hysteria – Why climate change should not drive energy policy: James Stafford of Oilprice.com Interview with Judith Curry

August 25, 2014 No Comments

Climate change continues to drive energy policy, despite the fact that there is no way to reconcile eradicating energy poverty in much of the world with reducing carbon dioxide emissions. This is one of the many conundrums of the climate change debate—a debate that has been taken over by social media and propaganda, while scientists […]

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KPMG chief warns on shale threats, poor investment in oil

February 20, 2014 No Comments

KPMG has warned the Federal Government of Nigeria of the dangers of not investing in the upstream oil sector and the threat of shale oil to the country’s revenue drive. KPMG’s Global Chairman, Energy and Natural Resources Sector, Michael Soeting, told reporters in Lagos, that the government should be concerned with lack of investments in […]

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Vanoil Extends Technical Evaluation Agreement With Ministry of Natural Resources of Rwanda

January 30, 2013 No Comments

Vanoil Energy Ltd. (“Vanoil” or the “Company”) is pleased to announce it has executed a two month extension to its Technical Evaluation Agreement with the Rwandan Ministry of Natural Resources. The agreement provides Vanoil with the exclusive right to negotiate a Production Sharing Contract (“PSC”) covering approximately 1,631 square kilometres of the East Kivu Graben, […]

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