Sinopec strikes $1.5B deal for Talisman UK JVTalisman Energy has completed its joint venture transaction with Sinopec subsidiary Addax Petroleum UK Limited (APUK) following receipt of government and regulatory approval, the company announced on 17 December 2012…
Sabine Pass LNG2MPTA will be bought from Sabine LiquefactionCheniere Energy Partners announced that its subsidiary Sabine Pass Liquefaction has entered into a liquefied natural gas sale and purchase agreement (SPA) with Total Gas & Power North America…
ExxonMobil Exploration and Production South Africa Ltd. will soon begin exploration activities offshore South Africa. The ExxonMobil affiliate signed an agreement with Impact Africa Ltd. (Impact), a subsidiary of Impact Oil & Gas Ltd…
Polar PrinceReef to conduct seismic installation at GraneReef Subsea announced that one of its Norwegian subsidiaries, Reef Subsea Norway, has been awarded a major contract by Statoil for the full seismic system installation of the Grane field offshore Norway…
Atle Jacobsen, CEO of Dolphin GeoDolphin Geophysical racks up North Sea work Dolphin Geophysical has been awarded several contracts for the upcoming North Sea season. The awards are for both 3D and 4D seismic services and will involve three…
Photo: Tar Sands BlockadeTexas man sues to stop Keystone construction OilPrice.com - Now that elections are over, everyone is waiting for a decision on the Keystone XL pipeline, but it's not so easy amid the atmosphere of protests that have…
Process industry software provider Aspen Technology, Inc. announced the release of aspenONE V8 software. aspenONE V8 delivers a new version of Aspen HYSYS; solids modeling functionality (acquired from SolidSim earlier this year) integrated within Aspen Plus…
President-elect Enrique Pena NietoPena-Nieto wants private investment in energyOilPrice.com - Big potential changes south of the border. Mexican President-elect Enrique Pena Nieto has announced that he wants increased private investment in the nation's energy industry…
UK to resume fracking with control measures The UK's Department of Energy and Climate Change (DECC) announced on 13 December that hydraulic fracturing can resume although the practice will be subject to new controls.The new controls announced…
BG Group appoints Chris Finlayson to top spot BG Group has elevated Chris Finlayson to Chief Executive Officer effective 1 January, the company announced on 13 December 2012.Finlayson came to BG in 2010 after spending 33 years with Royal Dutch Shell…
Shell's PreludeShell and TSC team up on future LNG projects Shell Gas & Power Developments B.V. (Shell) and the Technip Samsung Consortium (TSC) have signed a heads of agreement to enhance collaboration on the design, engineering, procurement…
Jephcott resigns as founding ROC Oil directorWill Jephcott has retired as a director of ROC effective immediately, the company announced 12 December 2012.Jephcott was a founding director, holding the post since February 1997. Jephcott also served as chairman of the Audit and Risk committee…
Rosneft's Moscow headquartersRosneft strikes $28B deal with AAR for TNK-BPRosneft has finalized an agreement to purchase AAR Consortium's (Alfa Group, Access Industries and Renova) 50% stake in TNK-BP for $28 billion, the company announced on 12 December 2012…
Photo courtesy of Bill and Melinda Gates FoundationIHS announced that Bill Gates will appear at CERAWeek 2013.Gates will open the first night of a two night special session entitled 'Energy: The Next Thirty Years' on Thursday, March 7, 2013…
Transocean BarentsDana Petroleum has started drilling a new prospect in the Norwegian Sea in partnership with the operator Maersk Oil Norway.The drilling rig Transocean Barents has started operations on the Albert prospect in production license PL 513 in the Haltenbanken area…
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