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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. […]

3rd annual Project Financing in Oil and Gas conference

3rd annual Project Financing in Oil and Gas conference

August 24, 2016 No Comments

The 3rd annual Project Financing in Oil and Gas conference will be returning to London on 21 – 22 November 2016. Santander, Sumitomo Mitsui Banking Corporation, ABN AMRO Bank, Standard Chartered Bank, NIBC Bank and many more will meet in London this November to discuss the future of project financing in oil and gas sector […]

GNPC Says TEN fields will drive economic growth –

GNPC Says TEN fields will drive economic growth –

August 19, 2016 No Comments

The Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Mr Alexander Mould has said the start of commercial oil production from the Tweneboa-Enyenra-Ntomme (TEN) fields in the Western Region will boost Ghana’s economic growth. President John Mahama will commission First Oil from the fields today, Thursday, 18 August. “This is a momentous day […]

EITI Visits NNPC, Praises Nigeria’s Federal Government

EITI Visits NNPC, Praises Nigeria’s Federal Government

August 5, 2016 No Comments

The Extractive Industries and Transparency Initiative (EITI), a global body which promotes public awareness about how countries manage oil, gas and mineral resources have lauded Nigeria as one of the first countries to implement its standards. EITI Country Manager, Alex Gordy, who led his team to the NNPC Wednesday, stated that out of about fifty […]

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Noble Energy Commences Production at Gunflint in the Gulf of Mexico

Noble Energy Commences Production at Gunflint in the Gulf of Mexico

July 21, 2016 No Comments

Noble Energy, Inc. (NYSE: NBL) (“Noble Energy” or “the Company”) announced today that it has recently commenced production at the Company’s Gunflint oil development in the deepwater Gulf of Mexico. The two-well field is ramping up and is anticipated to reach a minimum gross production of 20 thousand barrels of oil equivalent per day (MBoe/d), […]

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