Tag Archive

Batteries Could Be Key Credit Disruptor; Oil Most Exposed

Batteries Could Be Key Credit Disruptor; Oil Most Exposed

October 19, 2016 No Comments

A rapid advance in battery technology could have significant implications for global credit markets, causing disruption across sectors that account for nearly a quarter of all outstanding corporate bonds, Fitch Ratings says. A leap forward in technology could transform the viability of electric vehicles (EVs) as an alternative to the internal combustion engine. This would […]

Canacol Energy Tests Trombon 1 Discovery at 26 MMSCFPD

October 18, 2016 No Comments

Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE;OTCQX:CNNEF; BVC:CNEC) provided the following update for the Trombon 1 discovery, which represents the Corporation’s fifth consecutive gas exploration success. Trombon 1 Gas Discovery Esperanza Exploration & Exploitation (“E&P”) contract   Lower Magdalena Basin, Colombia 100% working interest Offsetting the Nispero 1 gas discovery that Canacol announced in late […]

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Contract for Mongstad terminal upgrade Awarded

Contract for Mongstad terminal upgrade Awarded

October 17, 2016 No Comments

Aker Solutions has been awarded the contract for upgrading the Mongstad terminal for Johan Sverdrup oil from late 2019. Its value estimated at NOK 350 million, the contract includes engineering, procurement and the construction of a pig receiver for the oil export pipeline from Johan Sverdrup. In addition, the scope of work includes connecting the […]

Esanda Engineering Announce New SPE London Ticket Giveaway

Esanda Engineering Announce New SPE London Ticket Giveaway

October 6, 2016 No Comments

Esanda Engineering has announced a second competition in conjunction with the Society of Petroleum Engineers London Section. Esanda is an independent upstream oil and gas training and consultancy company, and they are proud sponsors of the SPE. Their competition offers winners two free tickets to attend the prestigious SPE October Meeting. This exclusive event will […]

Case study from Maersk Oil North Sea: Financing a major gas project in a challenging climate

Case study from Maersk Oil North Sea: Financing a major gas project in a challenging climate

October 3, 2016 No Comments

SMi Group reports: the 3rd annual Project Financing in Oil and Gas conference will be returning to London on 21 – 22 November 2016 Recently in the news: ” Maersk Oil begins first production well drilling at $4.5bn Culzean field in UK North Sea”.(Source: EBR, 30th Sep 2016) SMi Group is delighted to have Tom […]

Ex-CIA Analyst On Nigeria Oil: “Perennial Underperformer”

Ex-CIA Analyst On Nigeria Oil: “Perennial Underperformer”

September 27, 2016 No Comments

In the Barron’s Q&A today with Helima Croft, global head of commodities strategy at RBC Capital Markets, discusses how oil-producer Nigeria has failed to meet ramped-up U.S. expectations over the past decade. Violence in Nigeria’s oil producing region has stifled output this year, and the country has been a disappointment for oil majors Chevron (CVX), […]

Eni awarded Exploration Company of 2016

Eni awarded Exploration Company of 2016

September 20, 2016 No Comments

Eni was awarded the Petroleum Economist Award in the category Exploration Company of the Year for the second consecutive year. The award, established in 2006 by the prestigious Petroleum Economist, intends to identify and reward the examples of innovation and excellence represented by those people, companies and projects that embody the very best of the […]

Apache Discovers Significant New Resource Play In Southern Delaware Basin

Apache Discovers Significant New Resource Play In Southern Delaware Basin

September 9, 2016 No Comments

Apache Corporation (NYSE, Nasdaq: APA) announced that after more than two years of extensive geologic and geophysical work, methodical acreage accumulation, and strategic testing and delineation drilling, the company can confirm the discovery of a significant new resource play, the “Alpine High.” Apache’s Alpine High acreage lies in the southern portion of the Delaware Basin, […]

BP signs second Chinese shale gas contract with CNPC

BP signs second Chinese shale gas contract with CNPC

September 2, 2016 No Comments

BP announced that it has signed a second production sharing contract (PSC) for shale gas exploration, development and production with China National Petroleum Corporation (CNPC). The PSC, signed on 27th July, covers an area of approximately 1,000 square kilometres at Rong Chang Bei in the Sichuan Basin. In March 2016, BP and CNPC signed their […]

WELL DATA TECHNOLOGIES LAUNCH NEW RECRUITMENT SUBSIDIARY

WELL DATA TECHNOLOGIES LAUNCH NEW RECRUITMENT SUBSIDIARY

August 30, 2016 No Comments

Integrated software and consulting company Well Data Technologies have expanded their offering with the establishment of a new recruitment subsidiary, Begin Resources Ltd. Begin Resources will be headed up by Claire Naha, a highly accomplished recruitment specialist, having worked previously as Drilling Consultancy Manager at SPD Petrofac and as Drilling Recruitment Manager at Stena Sphere. […]

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