Monday, November 20, 2017

Oil And Gas Expertise News

Ancala Acquires Apache's North Sea Gasline Assets

Independent UK-based infrastructure investment fund Ancala Partners has finalised its acquisition of Apache Corp's interests in two North Sea gas pipeline assets for an undisclosed sum, it said on Monday.

Aquaterra Names Hawkes Financial Director

Nick Hawkes (Photo: Aquaterra Energy)

Offshore engineering solutions provider Aquaterra Energy has appointed Nick Hawkes as Financial Director based at the company’s headquarters in Norwich. Hawkes has more than four…

TWMA Appoints Garrick as CEO, President

Ronnie Garrick (Photo: TWMA)

TWMA, provider of specialized Drilling Waste Management services, is expecting its growth strategy to accelerate, with a target turnover of £200 million ($263 million) and headcount to reach 1…

ISN Targets UKCS Growth

David Greenwood (left), managing director of ISN, and Virtual Stream founder Russell Robertson see significant growth opportunities in the UKCS and internationally for the oil and gas specialist ICT business.

ISN has acquired Aberdeen IT consultancy, Virtual Stream, for an undisclosed sum. The specialist information and communications technology (ICT) services firm, headquartered in London…

CEVA launches City of Energy in Middle East

City_of_energy

CEVA Logistics, one of the world’s leading global supply chain management companies, today announced the official opening of the City of Energy in the United Arab Emirates. The hub…

US to Become Oil and Gas World Leader in Long Term - IEA

© travelview / Adobe Stock

The head of the International Energy Agency Fatih Birol said on Thursday the United States would - in the long term - become the "undisputed leader of oil and gas production worldwide". Speaking at the U.N.

Oil Explorer Finder Seeks $150mln for Australia Drilling

Australia-focused oil and gas explorer Finder Exploration is seeking to raise $150 million for the drilling of five wells off the country's northwest coast, a document seen by Reuters showed.

US Oil Rig Count Steady this Week -Baker Hughes

© Aneese / Adobe Stock

U.S. energy companies kept the oil rig count unchanged this week, General Electric Co's Baker Hughes energy services firm said on Friday, as some analysts expect a gradual decline…

Port Corpus Christi to benefit from LNG partnership with China

 ©Trong Nguyen/Adobe Stock

Port Corpus Christi officials are confident that the agreement signed between Cheniere Energy of Houston and China National Petroleum Corporation (CNPC) will bring increased traffic to the port…

Anadarko Petroleum Eyes 2018 Sales Rise

(Photo: Anadarko Petroleum)

Anadarko Petroleum Corp on Thursday forecast an 11 percent rise in sales volumes for 2018, as shale producers boost oil output aggressively, taking advantage of recovering oil prices.

Premier Oil Seeks Buyers for Stake in Indonesia Gas Field

Premier Oil is seeking buyers for a 25 percent stake in the Tuna field development in Indonesia after reaching a gas sale deal with Vietnam, Chief Executive Tony Durrant said on Thursday.

U.S. drillers Add Most Rigs since June -Baker Hughes

File Image (CREDIT: AdobeStock / (c) Shamtor)

U.S. energy companies added the most oil drilling rigs in week since June as crude prices traded up to their highest levels since the summer of 2015. Drillers added nine oil rigs in the week to Nov. report on Friday.

Statoil to Step Up Offshore Norway Exploration

File Image: an offshore Statoil Installation (CREDIT: Statoil)

Norway's Statoil will ramp up its search for oil and gas deposits on the Norwegian continental shelf next year, the company said on Friday. Oil companies are stepping up efforts…

Sir Bob Reid Joins Belltree Board

Sir Bob Reid (Photo: Belltree)

Sir Bob Reid is to take up a new role as nonexecutive director of Belltree, a specialist oil and gas consultancy based in Edinburgh. The former chair and chief executive of Shell…

Algeria Energy Earnings Up 18%

Algeria's energy earnings rose 18 percent in the first ten months of 2017, which helped reduce the trade deficit by 34 percent, official data showed on Monday. The deficit decline…

Hess Shutters GoM Assets After Enchilada Fire

U.S. oil and gas producer Hess Corp said on Monday it had halted production at its Baldpate, Conger and Penn State fields due to a fire at Royal Dutch Shell's Enchilada platform in the Gulf of Mexico.

Delfin Taps China for US FLNG, but Final Investment Decision 'Challenging'

(Image: Delfin LNG)

Delfin Midstream, developing the first floating facility to export U.S. natural gas, has sealed a preliminary 15-year sales deal with city gas distributor China Gas Holdings, Delfin…

Statoil to Become U.S. Shale Operator by 2013

Statoil ASA (STO, STL.OS), which built its oil and gas expertise in Norway's offshore waters, is stretching its land legs in the U.S., where it seeks to partake of the shale bounty.

Shell to Hand Over Iraq's Majnoon Oilfield

Oil major Royal Dutch Shell has agreed to exit the Majnoon oilfield and hand over its operation to the state-run Basra Oil Co. by the end of June 2018, two oil officials close to the deal said on Wednesday.

U.S. Stance Complicates Total's Iran Gas Deal

French oil and gas major Total would have to review its Iran gas project if the United States decided to impose unilateral sanctions on Tehran, given the company's assets in the U.S. market, its chief executive told CNN.