Search results for: Exploration & Production

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A list of search results

  • 8 March 2019

    Thailand’s PTT Exploration and Production’s unit PTTEP Australasia hit gas at the Orchid-q, the first exploration well in Permit AC/P54 located in the Timor Sea, Australia.  

  • 30 January 2017
    Business & Finance

    Pacific Exploration & Production Corp. has appointed Barry Larson as its new Chief Executive Officer, effective February 20, 2017. The company said on Monday that Larson would be based at the company’s operating headquarters in Bogotá, Colombia. Jim Latimer, the current interim CEO will continue to operate in the role until the effective date of […]

  • 11 August 2017
    Business & Finance

    Oil and gas company Trinity Exploration & Production has entered into an agreement to sell its West Coast assets, offshore Trinidad & Tobago, to AIM-quoted Range Resources for $4.55 million.  Together, the West Coast assets constitute all of Trinity’s West Coast license portfolio, which includes the Brighton Marine and the Point Ligoure – Guapo Bay – Brighton Marine Exploration […]

  • 12 June 2017
    Business & Finance

    Canadian crude oil & gas producer Pacific Exploration & Production Corporation has changed its corporate name to Frontera Energy Corporation. The company said on Monday the name change is an effort to mark the beginning of a new era for the company. Worth noting, the company already changed its name once just a little less […]

  • 4 July 2019

    Mediterranean-focused oil and gas producer Energean Oil and Gas has entered into a conditional sale and purchase agreement to acquire Edison Exploration & Production, an Edison unit for $750 million. 

  • 20 May 2016
    Business & Finance

    CNPC, a Chinese state-owned oil and gas corporation, has signed a cooperation framework agreement with Mozambique’s national oil and gas company, ENH. The Chinese side said on Friday that the two companies signed the agreement on Wednesday, May 18, in Beijing. CNPC Chairman Wang Yilin and Omar Mitha, Chairman of ENH, put pen to paper in […]

  • 12 July 2017
    Business & Finance

    Marsol International has signed a two-year contract with Oman Oil Company Exploration & Production (OOCEP) for the provision and management of the marine and offshore activities related to the tanker loading. The services will be provided via the single point mooring (SPM) offshore marine terminal including maintenance works, vessels, equipment, and manpower. “Following the successful […]

  • 8 September 2015
    Business & Finance

    The Chief Executive Officer (CEO) of Kazakhstan’s KazMunaiGas Exploration Production Abat Nurseitov has resigned as the company’s CEO (Chairman of the Management Board) and a member of the Board of Directors due to his transfer to another job. The subsidiary of National Company KazMunayGas JSC said that the decision on the appointment of a new CEO would be […]

  • 19 March 2013

    Petrobras of Brazil said that its Board of Directors has approved the 2013-2017 Business & Management Plan (2013-17 BP), with investments of US$ 236.7bn, maintaining the same level of investments as last year’s Plan. Of the total Plan, US$ 207.1 bn of investments are classified as under implementation. As a continuation of the 2012-16 BP, […]

  • 28 June 2018
    Business & Finance

    German natural gas company VNG AG has decided to sell its 100% of the shares of VNG Norge AS to Neptune Energy. 

  • 31 March 2014
    Business & Finance

    The ExxonMobil Subsidiaries in Malaysia today announced that Ernest Miller has been appointed Vice President of ExxonMobil Exploration and Production Malaysia Inc. (EMEPMI) and Executive Financial Director of the ExxonMobil Subsidiaries in Malaysia with effect from April 1, 2014.   Prior to his appointment, Miller was Controller of EMEPMI. He began his career with EMEPMI […]

  • 5 November 2015

    InterOil Corporation will increase its interest in two key licenses following the withdrawal of Pacific Exploration & Production Corporation from Papua New Guinea.

  • 27 May 2020
    Business & Finance, Business developments & projects, Exploration & Production, Operations & Maintenance

    Hurricane Energy’s request to extend the deadline for activities planned on the Lincoln license off the UK has been approved by UK authorities.

  • 15 April 2020
    Business developments & projects, Project & Tenders

    State-run Qatar Petroleum said Wednesday it has launched a drilling campaign for the North Field East Project as part of plans to expand liquefied natural gas production. The first of 80 North Field East development wells was spudded on 29 March by the jack-up rig “GulfDrill Lovanda”. The jack-up rig is managed by GulfDrill, a […]

  • 13 March 2018

    New studies project that offshore energy development will significantly increase U.S. jobs, domestic spending, investments, and state revenues.

  • 8 November 2016
    Project & Tenders

    UK-based energy giant and LNG player, BP and Oman Oil Company Exploration & Production signed a deal with the Omani government to amend the block 61 exploration and production sharing agreement.

  • 21 April 2020
    Business & Finance

    Seismic industry will suffer the most as a result of the Covid-19 pandemic and the low oil price. According to Rystad Energy, 2020 revenues could fall between 51 per cent and 77 per cent. Exploration spending could drop by more than 20 per cent from its 2019 levels. The hardest-hit area will be the acquisition […]

  • 6 January 2016

    Italy has reintroduced restrictions on offshore oil and gas activity within 12 nautical miles off its coast. Rockhopper, an oil and gas exploration and production company, fears this will have an impact on its Ombrina Mare project, offshore Italy. The Ombrina Mare is an appraisal/development project located off the Abruzzo, a region in Italy, in the shallow […]

  • 28 March 2011

      The Minister of Ecology and Natural Resources Mykola Zlochevskiy of Ukraine and Eni CEO Paolo Scaroni signed in Kiev a Memorandum of Understanding defining the framework for possible cooperation initiatives in exploration and production of hydrocarbons in Ukraine. The parties agreed to collaborate on the study of initiatives in conventional and unconventional oil and […]

  • 26 March 2014
    Business & Finance

    Myanmar Petroleum Exploration & Production Co., Ltd, a member company of the MPRL E&P Group of Companies, has announced the award of contracts for two offshore oil & gas exploration blocks in Myanmar to a consortium consisting of Woodside, BG and MPEP Ltd. U Moe Myint, Chief Executive Officer of MPRL E&P Group of Companies said: “We […]

  • 14 November 2013

    GDF SUEZ has signed an ‘Asset Purchase Agreement’ with Vale S.A., one of the largest metals and mining company in the world, to acquire its 20% participating interest in two gas exploration blocks in the Parnaiba onshore basin, located in the North East of Brazil. Signing of the APA marks the first entry of GDF […]

  • 26 August 2013

    Noreco has announced that restart of production from the Nini, Nini East and Cecilie fields, which the operator planned last week, has been delayed. According to Dong Energy, the operator of the Danish North Sea Siri platform, which hosts production from the three satellite fields, production is not likely to resume this month. Production from […]