Houston-based oilfield services companies C&J Energy Services and Keane Group, Inc plan to merge in an all-stock deal valued at about US$1.8 billion, including US$255 million of debt, the companies announced the 17th June. Under the terms of the merger agreement, C&J shareholders will…
Hurricane Energy has sold its first oil cargo from the Lancaster oil field offshore the UK following the production start-up earlier in June. Hurricane Energy said on the 18th June that it had sold its first cargo which was lifted from the Aoka Mizu…
India’s Oil & Natural Gas Corporation Ltd has reported moving a record-high 35 offshore drilling rigs to new locations ahead of the Indian monsoon season. Aqualis Offshore said it assisted with many of the moves. Each of the 35 rigs was placed at…
Fugro has completed the first of three seep hunting and geochemical campaigns offshore Malaysia for Petronas. The first project, offshore Sabah, began on the 21st December 2018, aboard the Fugro Equator vessel, which acquired geophysical data including multibeam echosounder (MBES) and sub-bottom profiler (SBP)…
Long-term customer Vindkraft has placed an order with Vestas for the 164 MW wind project Myrnenska, located in the Kherson region in southern Ukraine. The contract includes supply, installation and commissioning of 39 V150-4.2 MW wind turbines, as well as a 20-year Active Output…
Oil and gas company Wintershall Dea has dismantled one of its platforms in the Dutch part of the North Sea. Wintershall Dea said via its social media channels on the 14th June that it had removed the topside from its E18-A platform on the…
Canadian investor Seymour Schulich said he has bought about 5% of MEG Energy Corporation for the first time “in the last couple of weeks,” underscoring his bullish view on energy despite his concerns that Canada is squandering its resource legacy. “We’ve got a window…
Over the past year, the gas-exporting ambitions of the Kurdistan Region of Iraq (KRI) appeared, finally, to brighten. Last May, Rosneft and local authorities signed a business development agreement to forge “an integral plan to progress the gas business” in the semi-autonomous region. A…
Zarubezhneft and production-sharing partners have started sales of associated sour gas at Kharyaga oil field in the Nenets Autonomous Region of north-western Russia. The Russian company estimated marketable gas sales at 18 million cu m/year. The Usinsk processing plant operated by Lukoil-Komi LLC processes…
Renewable energy solutions for upstream projects were among trends highlighted at the recent APPEA 2019 conference in Brisbane, staged by the Australian Petroleum and Production Association. Adele Long, Wood Mackenzie’s Australasian senior research manager, singled out Darwin LNG in Northern Australia, which according to…
