AIM-listed Eland Oil & Gas, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, has announced the following update on the Opuama-10 and Opuama-11 wells in licence OML 40 and Ubima. Opuama The company, through…
Ophir Energy has closed its acquisition from Santos of various producing assets in Southeast Asia. Chief among these are the Premier-operated Chim Sao/Dua oil field in the Natuna Sea off Vietnam and the Madura Offshore and Sampang PSCs offshore Indonesia. Madura Offshore and…
China’s Sinopec Corporation has joined a group planning to build an oil refinery in Alberta, the project’s consultant said, an enterprise which would strengthen demand and prices for the Canadian province’s heavily discounted crude. State-owned Sinopec, formally known as China Petroleum & Chemical Corporation,…
BP has acquired a 61 percent participating interest in the existing onshore Gobustan PSA (product sharing agreement) in Azerbaijan, BP Azerbaijan said on the 14th September. BP, as operator, plans to drill one exploration well to appraise a potential prospect in the contract area…
EnQuest’s Kraken field in the UK northern North Sea has delivered its first ship transfer of crude oil at Sullom Voe, Shetland. This was also the first such transhipment at the port for almost three years, the company added. The 277-metre (909-foot) long…
The US has warned Russia that it may follow through on sanction threats over the construction of a major natural gas pipeline to Germany. Asked if the US might impose punitive measures against Nord Stream 2 and other projects, Energy Secretary Rick Perry answered…
Petrobras has selected a Brazilian subsidiary of Houston-based Zentech for a contract to provide engineering support for its fleet of ship-shape and semi-submersible type floating production, storage and offloading platforms along with the fixed gathering and processing platforms. This award is for a three-year period,…
Here is the text of a message sent to Longdown|EIC: I’m pleased to invite you to download DNV GL’s 2018 Energy Transition Outlook. This suite of reports forecasts shifts in the world energy mix in the lead-up to mid-century, and the implications this will…
The race is on to become Norway’s biggest non-state oil company. As supermajors such as Exxon Mobil and BP focus on other regions, a new group of smaller companies is revitalising the country’s oil industry. They are buying up reserves and pumping money…
UK oilfield services provider Petrofac has won a series of well engineering contracts worth a combined value of around US$20 million. Petrofac said on the 13th September that it secured an exclusive five-year well operator services contract from independent exploration and production company Tailwind…
