Search results for: New Age

253237 results

A list of search results

  • 16 June 2017
    Business & Finance

    Privately held oil and gas company New Age has decided to separate the roles of the chairman of the board of directors and chief executive officer (CEO). New Age said on Friday that founder Steve Lowden would remain chairman while David Stoopin would take on the role of CEO as of June 16, 2017. The […]

  • 10 September 2018
    Business & Finance

    Oil and gas company New Age has appointed a new non-executive chairman of the board.

  • 1 February 2018
    Business & Finance, Exploration & Production

    Vantage Drilling has entered into a contract with New Age Cameroon Offshore Petroleum S.A. (New Age) for its jack-up rig Topaz Driller to perform drilling services in Cameroon.

  • 16 August 2018
    Exploration & Production

    New Age, the operator of the Etinde block offshore Cameroon, has completed the drilling of the IM-6 appraisal well, and the result has been described as “disappointing.”  The IM-6 spudded on May 21. It was the first of two planned appraisal wells to be drilled in 2018 by the Etinde Joint Venture partners, using the Vantage-owned […]

  • 18 October 2018
    Exploration & Production

    New Age has completed a two-well appraisal campaign at the Etinde block offshore Cameroon and confirmed additional resources in the block. 

  • 10 September 2019

    Lukoil has completed the acquisition of a 25% stake in the Eni-operated Marine XII project in the Republic of Congo from New Age.

  • 3 September 2018
    Exploration & Production

    Oil and gas company New Age has spud the IE-4 appraisal well at the Etinde block offshore Cameroon.

  • 5 February 2020

    New Age and Victoria Oil & Gas have signed a non-binding Letter of Intent (LOI) for the supply of gas from the Etinde field, offshore Cameroon.

  • 12 June 2018
    Infrastructure, Project & Tenders

    New Age ltd, an oil and gas company working to develop an offshore gas field in Cameroon, has reportedly signed an important gas agreement with the government of Cameroon to develop the Etinde field using a newly built FLNG unit.

  • 21 September 2018

    Partner is being sought to fund a further 3D seismic survey over a portion of the Licence area in return for the acreage

  • 4 March 2020
    Business & Finance

    New Age has awarded a contract to TechnipFMC to appoint it as lead FEED contractor for the development of the offshore IM gas condensate field at Etinde, Cameroon.

  • 29 March 2018

    Cameroon focused Bowleven expects to spud the first of two appraisal wells at its Etinde permit in the second quarter of 2018.

  • 22 May 2018
    Exploration & Production

    New Age has started drilling the IM-6 appraisal well at the Etinde block offshore Cameroon using the Topaz Driller jack-up rig.

  • 24 June 2014
    Business & Finance

    Bowleven, the Africa focused oil and gas exploration group traded on AIM, has delivered its strategic intent to sell part of its interest in the Etinde Permit, offshore Cameroon, by entering into a conditional agreement with LUKOIL and NewAge. Bowleven will reduce its interest in the Etinde permit from 75% to 25% and receive aggregate consideration […]

  • 3 October 2016

    Bowleven, the Africa focused oil and gas exploration group, has received the $15 million cash proceeds payable under the Etinde farm-out transaction with Lukoil and NewAge. The Etinde Permit lies in a shallow water offshore Cameroon, adjacent to the coast. Bowleven said on Monday that, as at September 30, 2016, the company had circa $100 […]

  • 7 September 2011

      At 9.50AM yesterday the ill-fated vessel Phoenix, which ran aground near Durban, took its final bow about 78km off Amanzimtoti on KZN’s sout… Chris Makhaye(TheNewAge) [mappress] Source: TheNewAge, September 7, 2011;    

  • 7 June 2019

    Lukoil has concluded an agreement with New Age to acquire a 25% interest in the Eni-operated Marine XII license in the Republic of Congo for $800 million in cash.

  • 24 February 2015
    Business & Finance, Project & Tenders

    Bowleven has announced that the Presidential decree regarding the Etinde transaction has now been gazetted. This has satisfied the final outstanding condition of the farm-out process with LUKOIL and NewAge. The transaction is now scheduled to complete within 15 business days, at which point the company will receive the initial cash proceeds of approximately $170 […]

  • 15 July 2014
    Business & Finance, Project & Tenders

    Bowleven, the Africa focused oil and gas exploration group traded on AIM, has announced that it has reached a mutually acceptable agreement with Petrofac to terminate the Strategic Alliance Agreement. This satisfies one of the conditions of the LUKOIL and NewAge farm-out transaction announced on 24 June 2014. The termination agreement is subject to completion of the farm-out. […]

  • 17 March 2015

    Bowleven, the Africa focused oil and gas exploration group, has announced the completion of the farm-out transaction of the Etinde permit, offshore Cameroon.  The company has confirmed it has received the initial $165 million cash proceeds (excludes estimated $5 million working capital adjustment). The farm-out transaction comprised the sale of 30% and 10% interests in the Etinde Permit […]

  • 23 December 2014
    Project & Tenders

    Bowleven has announced that the Etinde farm-out transaction with LUKOIL/NewAge is at the final stage of completion. Bowleven announced its intent to sell part of its interest in the Etinde Permit, offshore Cameroon, by entering into a conditional agreement with LUKOIL and NewAge in June this year. Following the Government’s official approval of the assignment of […]

  • 5 August 2014
    Business & Finance

    The giants of the seas, as new-age containerships are often referred to, definitely inspire feelings of awe.   The fleet of French container shipping company CMA CGM falls just within this sea giants category. It takes just a look at the bow, like this one, from CMA CGM  Amerigo Vespucci to get an idea of […]