Oil & Gas
Oil & Gas
Faroe Petroleum to buy UK North Sea interests from Tullow
Faroe Petroleum Ltd. has entered into an agreement with Tullow Oil PLC unit Tullow Oil SK Ltd. to buy 53.1% of Tullow’s Schooner unit interest along with 60% of its Ketch asset in the UK southern North Sea to for...
Oil & Gas
Plexus to supply POS-GRIP wellhead equipment to Centrica
Oil and gas engineering services business Plexus Holdings has obtained a contract from Centrica Energy Norway to supply POS-GRIP surface exploration wellhead equipment and services. Under the contract, Plexus will supply its POS-GRIP 18-3/4in surface wellhead...
Oil & Gas
Stone Energy discovers oil in US Gulf of Mexico
Louisiana-based Stone Energy has discovered oil at the deep water Cardona South well (MC 29 #5 well) in Mississippi Canyon 29, US Gulf of Mexico. Stone Energy, which operates the well with 65% working interest, encountered more than 275ft...
Oil & Gas
Nido Petroleum secures 20% participating interest in SC 63
Nido Petroleum Limited (ASX: NDO) advise that it has executed the second stage of the SC 63 farm-in process with PNOC-EC. The terms of the farm-in with PNOC-EC are consistent with the original agreement with Dragon Oil PLc. ...
Oil & Gas
New Solutions for Better Reliability, Efficiency and Safety in the Offshore Oil and Gas Industry
Motion and fluid control applications leader Norgren will be attending the Offshore Technology Conference in Houston, Texas, from 5 to 8 May. Visit the company at booth #6,725 to meet its dedicated energy team. Norgren will...
Oil & Gas
ExxonMobil Starts Production Ahead Of Schedule At PNG LNG Project
Exxon Mobil Corporation (NYSE:XOM) today announced the $19 billion PNG LNG project has started producing liquefied natural gas (LNG) in Papua New Guinea ahead of schedule. Production from the first LNG train will increase over the...
Oil & Gas
India receives offer to undertake development of Kazakh Abay oil block
India has received an offer from the Kazakhstan Government to explore Abai oil block in the Caspian Sea. The offer was made at the Kazakh-India Inter-Governmental Commission's (IGC) 11th meeting, which took place in the Kazakh...
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