First Oil And Gas News

 

Premier Oil awards GE Anoa field decommissioning

Aug 16, 2016

GE Oil & Gas subsidiary, PT. VetcoGray Indonesia, has been awarded a field decommissioning contract with Premier Oil Indonesia, to support the shut-down of four subsea wells in the Anoa field, offshore Indonesia.  The deal will see GE…

GE, Technip ink joint LNG solution pact

Jun 14, 2016

GE Oil & Gas and Technip have entered into a memorandum of understanding (MoU) for a joint project to explore areas to co-develop digital solutions for the LNG industry, with a particular focus on the design and build phase of new liquefied natural gas (LNG) projects…

Oil slump impacts Norwegian investment figures

May 27, 2016

Estimates for total investments covering oil and gas, manufacturing, mining and quarrying and electricity supply in Norway expected to fall in Norway in 2017, mainly due a decrease in oil and gas and manufacturing. The projection, from Statistics Norway…

ONGC to invest US$5 billion in deepwater

Mar 28, 2016

India’s Oil and Natural Gas Corp. (ONGC) has received approval from its board of directors for the development of its proposed US$5.1 billion deepwater oil and gas project, offshore east India. Image from ONGC…

Zennor completes North Sea acquisition

Mar 07, 2016

Zennor Petroleum has completed its acquisition of First Oil & Gas and Antrim Resources from the administrators of First Oil Expro. Zennor now takes over interests in the North Sea producing fields Mungo and Monan (License P059), Bacchus (License P255)…

Zennor to gain more North Sea licenses

Feb 24, 2016

Zennor Petroleum entered into a conditional sale and purchase agreement with the joint administrators of First Oil Expro, a company within the First Oil Group, to acquire subsidiary companies First Oil & Gas and Antrim Resources. These…

Sky-Futures in first GoM drone inspection

Jan 22, 2016

Sky-Futures, the provider of drone inspection services for the global oil and gas industry, completed the first ever oil and gas inspection by drone in the Gulf of Mexico last week for a global oil and gas service and drilling company. Drone…

Aje edges toward first oil

Jul 27, 2015

Drilling has started on the Aje 5 production well in Aje field offshore Nigeria, paving the way for first oil on the floating production, storage and offloading (FPSO) vessel development. The three-phase development, starting with two production wells…

Freeport-McMoRan Oil & Gas files IPO

Jun 24, 2015

Houston-based Freeport-McMoRan Oil & Gas (FM O&G) will be the first US oil producer to launch an initial public offering (IPO) in 2015. The company filed a registration statement on Form S-1 with the US Securities and Exchange Commission…

Rosneft hails Arctic oil find

Sep 29, 2014

Russian oil exploration giant Rosneft has said it and partner ExxonMobil have made an oil discovery on the Universitetskaya-1 well in the Arctic, despite US and European Union sanctions.   Rosneft said the well, in the East-Prinovozemelskiy-1 license in the Kara Sea…

Prostar eyes North Sea acquisitions

May 29, 2014

UK-based explorer Trapoil has agreed a deal with private equity firm Prostar Capital, which could see Trapoil help Prostar sweep up undervalued North Sea assets.  According to Trapoil, Prostar’s management believes that there is considerable value in the North Sea…

NERC's oil & gas CDT to open in Aberdeen

Jan 23, 2014

A new training centre which aims to tackle the skills shortage in the UK oil and gas sector has been launched in Scotland; students will begin in October. The £8 million Oil & Gas Centre for Doctoral Training (CDT) in Aberdeen is offering…

Chevron Confirms First Cargo from Angola LNG

Jun 18, 2013

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…

Sakhalin II exports LNG

Jun 15, 2013

Sakhalin-II is an intergrated, export-oriented oil and gas development, and Russia’s first offshore gas project. It handles production from Piltun-Astokhskoye oil field and the Lunskoye natural gas field in the Okhotsk Sea, and is managed and operated by Sakhalin Energy Investment Co…

GE Oil & Gas

Jan 10, 2012

GE Oil & Gas has opened its $100 million technology and learning complex in Jandakot, Western Australia. The biggest complex of its kind in Australia, it will support the development of skills for the oil and gas sector and provide the company’s…

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