Search results for: Owowo

11 results

A list of search results

  • 27 October 2016
    Project & Tenders

    Oil giant ExxonMobil on Thursday announced a ‘significant discovery’ with a potential recoverable resource of between 500 million and 1 billion barrels of oil on the Owowo field offshore Nigeria. According to the company’s statement on Thursday, the Owowo-3 well, which was spud on September 23, encountered about 460 feet (140 meters) of oil-bearing sandstone […]

  • 28 October 2016
    Business & Finance

    Oil and gas major ExxonMobil reported on Friday that its earnings declined by 38 percent during the third quarter of 2016 when compared to those in the same period of 2015.  Namely, ExxonMobil’s third quarter 2016 earnings totaled $2.7 billion, compared with $4.2 billion a year earlier. The company said these results reflect lower refining […]

  • 24 January 2019
    Infrastructure

    French oil major Total is reportedly working on sanctioning the development of its Ikike project in Nigeria. Reuters has reported this week that the oil company’s CEO Patrick Pouyanne said at a conference that the offshore project would be approved “in the coming months.” The story of Ikike sanction has been reactivated almost exactly a […]

  • 26 September 2010
    Equipment

    Nexen Inc. announces that hook-up and commissioning of the fourth platform at Buzzard in the North Sea is progressing well and start-up activities are being advanced from early next year to take advantage of cost efficiencies. As a result, start-up of the new platform will commence in October and fourth quarter production volumes at Buzzard […]

  • 26 October 2012

    Nexen reported third quarter operating and financial results and provided an update on strategic priorities. Production volumes averaged 181,000 barrels of oil equivalent per day (boe/d), a decrease from second quarter production of 213,000 boe/d. This reflects the scheduled downtime associated with the turnarounds at Buzzard, Long Lake and Scott. Cash flow from operations decreased […]

  • 27 April 2011
    Business & Finance

      Nexen Inc. announced today that the company’s growth strategy achieved an important milestone when the Board of Directors approved plans to proceed with the Golden Eagle project in the North Sea. Golden Eagle will be a two-platform standalone facility with production capacity of approximately 70,000 boe/d (approximately 25,500 boe/d net to Nexen). Nexen is […]

  • 17 July 2011
    Business & Finance

    Keppel Shipyard Ltd’s (Keppel Shipyard) conversion of the FPSO Aseng is on track to complete. The FPSO will be operated by Aseng Production Company Ltd, a joint venture by SBM Offshore and Compania Nacional de Petroleo de Guinea Ecuatorial (GEPetrol), the national oil company of Equatorial Guinea. Chartered by Noble Energy for the development of […]

  • 25 January 2012
    Project & Tenders

    Equatorial Guinea’s Minister of Mines, Energy and Industry, Marcelino Owono Edu, finalized new agreements on the implementation of the LNG Train II project on January 17, 2012 in Lisbon. The agreements distinguish the key areas of the project, taking them a step closer toward implementation. LNG Train II follows the development of LNG Train I, […]

  • 17 July 2011
    Business & Finance

    Keppel Shipyard Ltd’s (Keppel Shipyard) conversion of the FPSO Aseng is on track to complete. The FPSO will be operated by Aseng Production Company Ltd, a joint venture by SBM Offshore and Compania Nacional de Petroleo de Guinea Ecuatorial (GEPetrol), the national oil company of Equatorial Guinea. Chartered by Noble Energy for the development of […]

  • 6 August 2013

    The next phase of an ongoing effort to dredge contaminated sediment from northwestern Indiana’s Grand Calumet River and adjacent is set to get underway next month, reports wowo.com. Restoration and remedial efforts in the East Branch (Zone B) of the Grand Calumet River are in progress. The 1.8-mile stretch of the river from Indianapolis Boulevard […]

  • 18 July 2011

    Keppel Shipyard Ltd’s (Keppel Shipyard) conversion of the FPSO Aseng is on track to complete. The FPSO will be operated by Aseng Production Company Ltd, a joint venture by SBM Offshore and Compania Nacional de Petroleo de Guinea Ecuatorial (GEPetrol), the national oil company of Equatorial Guinea. Chartered by Noble Energy for the development of […]