oil and gas reserves
Anadarko to complete Shenandoah appraisal program The Texas-based Anadarko Petroleum Corporation (Anadarko) and its partners, ConocoPhillips, Cobalt International Energy (Cobalt) and Marathon Petroleum Corporation (Marathon), implement their appraisal program for the Shenandoah offshore project in the US Gulf of Mexico. Discovered in 2009, the Shenandoah crude oil field belongs to Blocks 51 and 52 in […]
BP 20K technology to takle high temperature-pressure The international oil company (IOC) BP from UK and the independent company Devon Energy Corporation (Devon) from Oklahoma, USA, are considering to use a floating, production, storage and offloading (FPSO) vessel to develop the ultra deep Kaskida oil and gas field in the US Gulf of Mexico. Discovered […]
Petrofac contracted as Block R Development Operator The London-based junior company Ophir Energy plc (Ophir) has appointed the engineering company Petrofac from UK, to support them for the development of the natural gas reserves held in the Block R, offshore Equatorial Guinea on the west coast of Africa. While listed in UK with main operations […]
Petrobras on the pace to tender two FPSO per year The Brazilian national oil company (NOC) Petroleo Brasileiro SA (Petrobras) is ready to publish next week the call for tender to charter a new floating production storage and offloading (FPSO) vessel for the development of the Tartaruga Verde and Tartaruga Mestica oil fields offshore the […]
Argentina Key Projects and Business Highlights Argentina is one these countries with oil and gas reserves among the largest in the world but have hard to stand self-sufficient in energy. Since 2007, the export tax scheme for oil and gas was conceived primarily to allocate the local production to the domestic market before exporting elsewhere. In doing […]
Shell shapes future of energy through innovation Royal Dutch Shell p.l.c. (Shell) is a global group of energy and petrochemical companies operating in more than 80 countries. Shell is incorporated in England and Wales , UK, with headquarter is in The Hague, The Netherlands. In upstream Shell focuses on exploring for new oil and gas reserves […]
CNOOC and Sinopec target Nexen and Talisman assets July 23rd 2012, the Chinese CNOOC Ltd (CNOOC) announced to have signed an Arrangement Agreement with Nexen for the acquisition of the Nexen shares listed in Toronto and New York Stock Exchanges. The aggregate value of the proposed acquisition is approximately $15.1 billion on the top of which […]
Doris to work on Maersk Chissonga FEED Maersk Oil (Maersk) , a fully owned subsidiary of A.P. Møller – Mærsk A/S operates the Block 16, which includes the Chissonga discovery. Chissonga is located in the Lower Congo Basin some 138 kilometres offshore Angola in water depths 1,500 meters. In 2011, Maersk Oil acquired the 15% interest […]
