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Shell and PGGM explore  joint acquisition of Eneco

Shell and PGGM explore joint acquisition of Eneco

January 14, 2019 No Comments

PGGM and Shell have joined forces to explore the opportunity to participate in the controlled auction for the sustainable energy provider Eneco. In December 2018 Eneco and its shareholders’ committee announced the start of the privatisation process. This consortium is impressed with Eneco’s achievements in transforming the Dutch energy system through investments in sustainability and […]

Shell grows Bonga oil production

Shell grows Bonga oil production

December 18, 2018 No Comments

Crude oil production from the deepwater asset of the Shell Nigeria Exploration and Production Company (SNEPCo), Bonga field, has reached over 800 million barrels. Shell’s Media Relations Manager, Bamidele Odugbesan, in a statement, said the feat was achieved in 13 years of production from the field. He added it confirms the oil giant as a […]

Qatar Petroleum to acquire interest in three offshore oil Fields in Mexico

Qatar Petroleum to acquire interest in three offshore oil Fields in Mexico

December 18, 2018 No Comments

Qatar Petroleum entered into an agreement with Eni to acquire a 35% participating interest in three offshore oil Fields in Mexico. The agreement cover the Amoca, Mizton, and Tecoalli offshore oil fields, which lie in Area 1 in Mexico’s Campeche Bay. The agreement is subject to customary regulatory approvals by the government of Mexico. Following […]

Hess Announces 10th Discovery Offshore Guyana

Hess Announces 10th Discovery Offshore Guyana

December 3, 2018 No Comments

Hess Corporation (NYSE:HES) today announced a tenth discovery offshore Guyana at the Pluma-1 well on the Stabroek Block. As a result of this new discovery and further evaluation of previous discoveries, the estimate of discovered recoverable resources for the Stabroek Block has been increased to more than 5 billion barrels of oil equivalent, up from […]

Pressure Transmitter Market worth $3.36 billion by 2024

November 14, 2018 No Comments

According to the new market research report “Pressure Transmitter Market by Type (Absolute, Gauge, Differential Pressure, and Multivariable), Application, Fluid Type, Industry (Oil & Gas, Chemicals, Power, Pharmaceuticals, Food & Beverages), and Geography – Global Forecast to 2024”, the pressure transmitter market is likely to reach USD 3.36 billion by 2024 from USD 2.72 billion […]

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Equinor bids for three new licences offshore Newfoundland

Equinor bids for three new licences offshore Newfoundland

November 7, 2018 No Comments

Equinor and its partners were the successful bidders for new exploration parcels in the prolific Jeanne d’Arc basin, offshore Newfoundland. Equinor will operate two exploration parcels, NL18-CFB01-14 (Equinor Canada 70%, Husky Energy 30%) and NL18-CFB01-15 (Equinor Canada 60%, Suncor Energy 40%), totalling 412,644 hectares (4,126 square kilometres), and will participate in the Suncor Energy-operated parcel […]

Noble Energy Announces Third Quarter 2018 Results

Noble Energy Announces Third Quarter 2018 Results

November 2, 2018 No Comments

Noble Energy, Inc. (NYSE: NBL) (“Noble Energy” or the “Company”) announced third quarter 2018 financial and operating results. The Company reported third quarter net income attributable to Noble Energy of $227 million, or $0.47 per diluted share. Highlights include: Delivered sales volumes of 345 MBoe/d, with all business units at or above the midpoint of […]

Tullow announce Cormorant-1 Well update

Tullow announce Cormorant-1 Well update

September 24, 2018 No Comments

Tullow Oil plc (Tullow) announced that the Cormorant-1 exploration well in the PEL-37 licence, offshore Namibia, encountered non-commercial hydrocarbons and the well is being plugged and abandoned. The Cormorant-1 exploration well in Namibia has been drilled to a total depth of 3,855 metres and penetrated the objectives of the Cormorant prospect. Sandstones were encountered in […]

Patriot International, topside piping equipment Specialists

September 24, 2018 No Comments

Patriot International is provider of special topside piping equipment We strive to raise the standards against which others will be judged. We build upon a team of people that have attitude, determination and who will not be afraid to attempt the difficult and in doing so, will become capable of achieving the impossible. Inventory of […]

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Aker Solutions Wins Services Contract in Brazil

Aker Solutions Wins Services Contract in Brazil

September 18, 2018 No Comments

Petrobras has awarded Aker Solutions a contract to provide maintenance and modifications services for nine platforms at oil and gas fields in the Campos Basin offshore Brazil. The Campos Basin extends approximately 100,000 square kilometers. The three-year contract is valued at more than BRL 250 million and includes an option for a two-year extension. Aker […]

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