Eleven Japanese companies including oil and gas exploration firm Inpex have joined forces to create a new firm focused on methane hydrate extraction. Japan Methane Hydrate Operating Co., (JMH) was formally established 1 October specifically…
Nigeria focused Oando Energy Resources Inc. (OER) has completed the acquisition of ConocoPhillips' Nigerian upstream oil and gas business for a total cash consideration of US$1.5 billion, after customary adjustments, plus a deferred consideration of $33 million…
Repsol announced a new hydrocarbon discovery in the TB14 well at the Teak field, off the southeast coast of Trinidad. The discovery in the northern part of the Teak B field is estimated to contain more than 40MMbo in place, which increases…
Paul de Leeuw, a visiting Professor at Aberdeen Business School, has been appointed as the first director of Robert Gordon University’s International Institute for Oil and Gas. With extensive experience in the oil and gas industry Professor de Leeuw will take up his new role in July…
The North Caspian Operating Co. BV (NCOC) appointed ExxonMobil secondee Stephane de Mahieu as managing director effective 1 May. De Mahieu succeeds Pierre Offant, who was appointed managing director of NCOC in 2008, after the Republic…
The first shipment from the PNG LNG project has left Papua New Guinea carrying a cargo bound for Japan for Tokyo Electric Power Co. Inc. “This announcement is a historic moment for Papua New Guinea (PNG),” ExxonMobil PNG Limited Managing Director Peter Graham said…
A team of US BSEE engineers and inspectors conducted a safety inspection of the first FPSO (floating production storage and offloading) vessel designed and built for containment use in the Gulf of Mexico. The pre-production inspection is…
Colloquy: Editor’s Column This adage was adapted from the first two lines of Aphorismi, written by the ancient Greek physician Hippocrates about 400 BCE. They translate: “life is short, arts (crafts, techniques) long,” which can be taken…
Shales are very fine-grained, clastic rocks that lose porosity through compaction. Sedimentary basins typically contain about 70% shale, Figure 1. Quantifying shale properties helps with predrill geologic and seismic interpretation, basin modeling…
Chevron Corporation’s subsidiary Cabinda Gulf Oil Co. Ltd. today confirmed that initial production of liquefied natural gas (LNG) has commenced at the Angola LNG project. Angola LNG is one of the largest energy projects on the African continent…
Dr Keith Millheim, managing director of Nautilus International, a distinguished professor who has also worked with Conoco, Amoco Production, and Anadarko Petroleum, was one of the first to see the potential in automating oil fields. Back in 2008…
Iran will invest US$16 billion to develop the offshore South Pars gas complex over the next 10 months, a natural gas company director said. Pars Oil and Gas Co. Managing Director Mohammadreza Zahiri said that most of the funding will come from domestic sources…
Jens Pace became COO of African Petroleum on 1 October. A geoscientist, he worked internationally for BP and its heritage company Amoco (UK) Exploration for over 30 years.
David Walker has been named as CEO of DNV KEMA. He started his career as a geologist with Amoco and served as president of BHP Billiton’s petroleum operations in the North Sea, North Africa, Middle East and Australia before joining DNV in 2007…
The integrated energy services and production management divisions of Petrofac and Schlumberger, respectively, have signed a co-operation agreement under which they will establish a working relationship to deliver integrated and high-value production…
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