Search results for: PetroNor

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  • 16 March 2020
    Business & Finance

    PetroNor E&P is taking a number of cost-saving measures to ensure the company is appropriately structured in the current low oil price environment.

  • 28 October 2019
    Business & Finance

    Oslo-listed oil company PetroNor has won a court case in relation to a dispute regarding its assets in Congo.

  • 6 May 2020
    Authorities & Government, Business & Finance, Business developments & projects, Project & Tenders, Regulation & policy

    Oil and gas company PetroNor has reached a mutual agreement with the Government of Senegal to suspend the arbitration related to a dispute for two offshore blocks.

  • 22 October 2019
    Business & Finance, Infrastructure

    Panoro Energy is exiting Nigeria following an agreement to sell all of its interest in OML 113, offshore Nigeria, to PetroNor. On the other hand, PetroNor will take over a lead technical and management role for the project to progress it to the next phases.

  • 5 December 2019

    Oslo-listed oil firm PetroNor has signed an investment agreement with Nigeria’s Yinka Folawiyo Petroleum YFP setting a path forward for the future development of the YFP-operated Aje field in Nigeria’s OML 113 offshore license. The two companies will create a joint venture firm named Aje Petroleum to focus on the revitalization and further development of OML […]

  • 5 November 2019

    Senegalese authorities have included the disputed Senegal Offshore Sud Profond (SOSP) block in a recently launched licensing round covering all open offshore blocks in the country.

  • 23 August 2019
    Business & Finance

    African Petroleum has crossed the final hurdle ahead of its proposed merger

  • 30 May 2019
    Business & Finance

    With the continued uncertainty related to AP’s blocks in The Gambia and Senegal, the transaction will bring much-needed stability

  • 23 January 2020

    ADM Energy, an oil and gas investing company formerly known as MX Oil, is preparing to expand its portfolio of assets in Nigeria and West Africa.

  • 25 July 2010

    PetroMarker invited its customers to come and visit “Volstad Surveyor” at the end of her mobilization on July 19th, 2010. Despite a rather wet weather, a number of clients’ representatives came to Dusavik NorSea base to visit PetroMarker’s new vessel, the “Volstad Surveyor”. The visitors were able to appreciate the quality of the vessel and […]

  • 2 June 2014
    Business & Finance, Infrastructure

    Benthic, a global geosciences company, has been awarded a contract by Woodside Energy Ltd to undertake an offshore geotechnical site investigation for the proposed Browse Floating Liquefied Natural Gas (FLNG) Development off the North West coast of Western Australia. The survey will assist with further understanding details of the seabed features of the Browse gas […]

  • 18 October 2010

    BP announced today that it has reached agreement to sell its upstream businesses and associated interests in Venezuela and Vietnam to TNK-BP for a total of $1.8 billion. TNK-BP, Russia’s third largest oil company, is owned equally by BP and the AAR Consortium (comprising Alfa Group, Access Industries and Renova). The agreement includes BP’s interests […]

  • 11 April 2016

    Petro Media News, a media and communications company with a focus on the oil and gas industry, has reportedly announced bankruptcy in the Stavanger District Court.  The company, through its website, delivers news from the oil and gas industry on the Norwegian continental shelf including contract awards, drilling of wells, and industrial policy. According […]

  • 2 November 2012

    LNG Limited said that PetroChina Australia has completed the acquisition of Molopo’s Queensland coal seam gas assets. As previously announced, PetroChina Australia and the Company have executed a non-binding Letter of Intent in relation to securing gas supply for the Company’s 100% owned 3 million tonne per annum (mtpa) LNG project, at Fisherman’s Landing, Port […]

  • 26 March 2014

    In a presentation at Gastech 2014 in South Korea, Wood Mackenzie appraised recent activity in China’s shale gas sector, highlighting the different strategies of two Chinese National Oil Companies (NOCs), PetroChina and Sinopec. Robust gas demand continues to attract investment in the country’s upstream sector but divided priorities may further delay progress in domestic unconventional […]

  • 12 March 2015
    Exploration & Production

    Canada’s Suncor Energy, through its Norwegian subsidiary Suncor Norge, has started drilling operations at its Beta Statfjord Nord prospect, in the North Sea, offshore Norway. The appraisal well 34/4-14 S is located in the PL 375 and is being drilled by the Borgland Dolphin semi-submersible drilling rig, 155 kilometers west of Floro. The drilling operation […]

  • 19 October 2012

    PetroChina Australia, buyer of Molopo’s Queensland coal seam gas assets, has received confirmation from the National Development and Reform Commission, of China, that it approves the Asset Sale Transaction. Given PetroChina Australia has already received a no objection notice from the Australian Foreign Investment Review Board, all conditions precedent for completion of the Transaction are […]

  • 25 July 2008

    Thursday, July 24, 2008 During the first half of this year Petro-Canada reported drilling two non-commercial discoveries in the North Sea. One of the non-commercial wells was drilled on the UK Maria prospect and one on the L5a-11 area in the Dutch sector of the North Sea. But the company also disclosed a discovery offshore […]

  • 2 August 2012

    Liquefied Natural Gas Limited and PetroChina International Investment (Australia) Pty Ltd have executed a non-binding Letter of Intent in relation to securing gas supply for LNG Ltd’s proposed 3 million tonne per annum LNG project at Fisherman’s Landing, in the Port of Gladstone, Queensland. The LNG Project is presently based on two LNG trains; each […]

  • 20 December 2013
    Business & Finance, Equipment, Operations & Maintenance

    The interconnector between Norway and the Netherlands has been out of operation since a violent storm hit the Netherlands October 28th and damaged the converstation in Eemshaven. The damage is now repaired and the cable will be back in operation and available to the electricity market from Friday 20th of December. The storm destroyed significant […]

  • 24 June 2014

    PetroAsian Energy said it has entered into a non-binding Memorandum of Understanding (MoU) with China LNG Group. “Under the MoU, it is proposed that the company will cooperate with China LNG in developing the LNG businesses in China and/or to subscribe for number of new shares in China LNG or its subsidiaries,” PetroAsian said in a […]

  • 16 November 2011

    Citing the non-allocation of cheaper natural gas from the Centre, the GSPC Gas Company (GGC), a subsidiary of state-run Gujarat State Petro… (economictimes) [mappress] Source: economictimes, November 16, 2011; Image: gspc