Tag: Oil and Gas News
Halliburton to Raise $7.5 Billion to Fund Baker Hughes Acquisition
Services giant Halliburton plans to raise around $7.5 billion in a senior note offering to help finance its proposed takeover of rival Baker Hughes.
Also...
Tanzania: Wentworth Resources Receives First Payment for Mnazi Bay Gas
Wentworth Resources has provided an operational update following first delivery of gas to the pipeline project from its assets near Mnazi Bay, Tanzania.
Highlights:
Gas delivery to...
Tullow Reaches Agreement With Gabon Over Its Licences In The Onal...
Tullow Oil has reached agreement with the Government of Gabon over its licences in the Onal Complex fields. Following negotiations, Tullow has regained its 7.5% stake...
Uganda and Tanzania agree to study possibility of crude oil pipeline
Uganda and Tanzania have signed an agreement to explore the possibility of building a crude oil pipeline between the two countries, Uganda's Ministry of...
AEG Power Solutions Wins Power Supply Contract for New Deepwater Offshore...
New BT-4000 platform will first operate in Brazil and opens major perspectives on deep water drilling applications
AEG PS selected thanks to the...
Cobalt Agrees To $1.75bn Transaction with Sonangol for Angola Blocks
Cobalt International Energy Inc. has announced that it has signed an agreement to sell its entire 40 percent participating interest in blocks 21/09 and...
Eni Discovers ‘Supergiant’ Gas Field Offshore Egypt
Eni has made a world class supergiant gas discovery at its Zohr Prospect, in the deep waters of Egypt. The discovery could hold a potential of...
Funding Marginal Oil Fields in Africa: ‘Address completion, liquidity risks’, operators...
By Nneka Ezeemo, London
Small and marginal oil fields’ operators in Africa have been called upon to focus on addressing issues of completion and liquidity...
Mart Resources terminates Midwestern transaction
Mart Resources has announced that, further to its press releases of June 15, 2015, July 16, 2015, July 27, 2015 and August 18, 2015, under...
Gas Utilisation and Commercialization: Next Big Thing in Sub-Sahara Africa?
By Godspower Ike
The growth of sub-Saharan Africa has over the years been stunted mainly due to its inability to harness its vast potentials, especially...
Victoria Oil & Gas Expects To Exceed 10.5 Mmcf Production Target
Victoria Oil & Gas announced recently that its wholly owned subsidiary Gaz du Cameroun, GDC, expects to exceed its gas production target of 10.5...
Oil Companies Look to Lessen Footprint
International oil and gas firms, while not going totally green, are looking to lessen the impact that their work makes on the environment. Coinciding...
IGU World LNG Report 2015: LNG as a Key Factor
This third LNG Report of the IGU 2012-2015 Triennium includes special features on the work performed by the four Study groups in the LNG...
Tanzania Lifts Gas Reserves Estimate to 55 Trillion Cubic Feet
Tanzania's current natural gas reserves are at about 55 trillion cubic feet (tcf) following new deep sea discoveries off its southern coast, the east...
Magna Subsea Inspection System™
The Oceaneering Magna Subsea Inspection System™ is a versatile screening inspection tool that assesses the mechanical integrity of assets at a high rate of...
OneSubsea creates world’s first wet gas compressor
OneSubsea has earned an OTC Spotlight Award for the multiphase compressor.
This is world's first and only true wet gas compressor. The multiphase compressor, developed...
ABS grants Approval in Principle to Brevik Independent Tank Type-B gas...
Norwegian designer will use cylindrical tank concept for innovative small scale LNG carrier
(Houston) ABS, a leading provider of maritime shipping and offshore classification services,...
Jereh Launches Playwell Micro LNG Solution at WGC
Standardized Concept to Speed Up Global LNG Development
PARIS, June 3, 2015 /PRNewswire/ -- On June 3rd, Jereh launched its Playwell Micro LNG Solution at the World...
DNV GL Wins Verification Contract For FMC’s 20K JIP
OTC Houston: FMC has chosen DNV GL to perform independent third party verification of a high pressure, high temperature (HPHT) subsea completion, production and...
