Tag Archive

Energean Trading and Operational Update

Energean Trading and Operational Update

November 15, 2018 No Comments

Energean Oil and Gas plc (LSE: ENOG, TA: ENOG), the London Premium Listed FTSE 250 and Tel Aviv Listed E&P company with operations offshore Israel, Greece and the Adriatic is pleased to issue the following Trading Update for the period from 1 July to 13 November 2018. The Group will publish a Trading Statement and […]

20-year License renewal for OMLs 4, 38 and 41 confirmed.

20-year License renewal for OMLs 4, 38 and 41 confirmed.

November 15, 2018 No Comments

Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), announced that Nigeria’s President and Honourable Minister of Petroleum Resources has given consent for the renewal of OMLs 4, 38 and 41 to a new expiry date of 21 October 2038. Seplat holds a 45% working interest in OMLs 4, 38 and 41 and in the […]

IMF Staff Concludes Visit to Qatar

IMF Staff Concludes Visit to Qatar

November 15, 2018 No Comments

Significant fiscal and external buffers have enabled Qatar to successfully absorb the adverse shocks from the 2014-16 decline in oil prices and the diplomatic rift. • Near- to medium-term outlook remains favorable in the context of relatively higher hydrocarbon prices, prudent fiscal policy, healthy financial system and accelerated structural reforms. An International Monetary Fund (IMF) […]

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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ADNOC CEO Says Oil and Gas Industry a Critical Enabler of Economic Growth

ADNOC CEO Says Oil and Gas Industry a Critical Enabler of Economic Growth

November 12, 2018 No Comments

The global oil and gas will be a critical enabler of economic growth in the 4th Industrial Age, according to His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC). Delivering the opening keynote address, today at the Abu Dhabi International Petroleum Exhibition […]

AOW 2018 explores the financial opportunities in the African oil and gas market

AOW 2018 explores the financial opportunities in the African oil and gas market

November 8, 2018 No Comments

Africa Oil Week hosted a live broadcast by CNBC Africa focusing on the Global Funding Strategies and M&A for the African Upstream exploring how the key stakeholders tap into large pools of global capital to finance the sector. Editor-at-Large for CNBC Africa, Bronwyn Nielsen, interviewed experts including: Frank Pluta, Industry Banker – Energy Group Head, […]

Global Energy Leaders in Abu Dhabi for Third Annual CEO Roundtable

Global Energy Leaders in Abu Dhabi for Third Annual CEO Roundtable

November 7, 2018 No Comments

Twenty-seven of the world’s leading oil industry chief executives will gather, in Abu Dhabi, on November 11, to discuss the impact of digitalization, technology and the Fourth Industrial Age on the future of the global oil and gas industry. The senior executives, representing many of the world’s major oil, gas and petrochemical companies, have been […]

Africa Oil Week 2018 highlights key challenges

Africa Oil Week 2018 highlights key challenges

November 6, 2018 No Comments

Africa Oil Week kicked off with a strong start for its 25th anniversary as delegates converged at the Welcome Reception to celebrate the spectacular opening of Africa Oil Week 2018 and today the conference got underway. The first session on Economic Outlooks was opened with key speakers including Jens Frølich Holte, State Secretary, Ministry of […]

BP completes purchase of BHP assets in US onshore

BP completes purchase of BHP assets in US onshore

November 1, 2018 No Comments

BP has completed the $10.5 billion acquisition of BHP’s U.S. unconventional assets in a landmark deal that will significantly upgrade BP’s U.S. onshore oil and gas portfolio and help drive long-term growth. The acquisition – which was announced in July and closed as scheduled on October 31– adds oil and gas production of 190,000 barrels […]

New $1.5M Qualification Testing Chamber for Electrical Oil and Gas Well Penetrator Systems

November 1, 2018 No Comments

ITT Inc.’s (NYSE:ITT) BIW Connector Systems brand has unveiled a new $1.5 million high pressure, high-temperature chamber for qualification testing of new electrical penetrator systems used in oil and gas wells. “The new chamber not only increases our robust testing capacity, but it also allows us to test much larger samples up to 6 feet […]

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