Abu Dhabi’s Mubadala national wealth fund is reportedly nearing a deal to invest in a Gazprom Neft subsidiary based in Western Siberia.
This significant find marks the first documented occurrence of ‘live’, or flowing, oil from onshore Jamaica and will be of particular interest to oil explorationists focused on Central America and the Caribbean.
Two-thousand-ton process module to be installed on Leviathan Field to recover MEG used for hydrate inhibition.
T-45, the first well of current three well drilling programme at the Taribani Complex of Block 12 in Georgia, has now been drilled to a target depth of 2700 m, in the Eldari Formation.
Effective immediately, the contract is for five years with a two-year extension option and will be executed from Wood’s offices in Perth, Australia.
Over the past year, the Oil & Gas Innovation Centre (OGIC) has seen a growing appetite from companies looking to invest in the development of emerging technologies, as North Sea operators continue to demonstrate the benefits of technology-led solutions in response to the economic downturn.
The survey of energy professionals and management also reveals that sector pay has increased modestly in the past year, while over half of those surveyed would consider moving to another sector.
Aker Solutions has agreed on a long-term collaboration with software company Cognite to accelerate the development of digital solutions that will drive major efficiencies through the entire life of an energy asset.
The pipeline technology specialist, formed in Aberdeen in 1998, has secured a contract worth close to US$20 million (£14.2 million) with a Middle East national operating company.
LINN Energy, Inc. has announced that it has signed a definitive agreement to sell its interest in conventional properties located in west Texas to an undisclosed buyer for a contract price of $119.5 million, subject to closing adjustments.
Zion Oil & Gas, Inc. announces that during the current open hole wireline logging and subsequent reaming (cleaning the well bore) operations, Zion encountered free-flowing hydrocarbons while circulating drilling mud.
Russian and Norwegian gas exports to Europe (including Turkey) reached 194 billion m3 and 122 billion m3, respectively, in 2017.
BGS Group hosts the Exploration and Production Offshore Congress Hub in March 5 - 6, 2018 in Rome, Italy.
Tendeka has been awarded a project to supply the Kuwait Oil Co. (KOC) with its Inflow Control Device (ICD) technology, which will enhance production through more effective reservoir management.