Search results for: Petroleum

17619 results

A list of search results

  • 13 November 2019

    Conrad Energy has recovered “extensive fluid and gas samples“ from its Tambak-1 well offshore Indonesia, its partner Empyrean Energy has informed.

  • 14 November 2018
    Exploration & Production

    Faroe Petroleum has failed to find hydrocarbons in the primary target of its Rungne exploration well in the North Sea offshore Norway.

  • 27 June 2013
    Business & Finance, Equipment, Project & Tenders

    ABB, the leading power and automation technology group, has been awarded an oil and gas contract worth $20 million for providing power and automation technologies to a floating production, storage and offloading vessel (FPSO) built by the Chinese shipyard COSCO Nantong for Dana Petroleum. The contract was signed in the second quarter of 2013. ABB’s […]

  • 27 June 2013
    Business & Finance, Equipment

    ABB, the leading power and automation technology group, has been awarded an oil and gas contract worth $20 million for providing power and automation technologies to a floating production, storage and offloading vessel (FPSO) built by the Chinese shipyard COSCO Nantong for Dana Petroleum. The contract was signed in the second quarter of 2013. ABB’s […]

  • 19 October 2011
    Business & Finance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, yesterday reported an oil discovery in well 8/10‐4S on the Butch prospect (Faroe 15%) located in the Norwegian North Sea. The well encountered net oil pay of approximately 50 metres […]

  • 17 February 2014

    COSCO Qidong shipyard recently splashed a floating production, storage offloading vessel (FPSO) for Dana Petroleum’s Western Isles Development Project (WIDP). The project achieved more than 1.5 million man hours incident-free during construction at the shipyard. Hugh McClure, Director of Capital Development Projects, said: “Significant progress has been made on the project in just over 12 months. […]

  • 9 July 2013
    Business & Finance

    The Maritime and Port Authority of Singapore (MPA) has cancelled Palmstone Petroleum Pte Ltd’s bunker supplier licence with effect from 8 July 2013. The cancellation of the licence follows Palmstone Petroleum Pte Ltd contravening the terms and conditions of the bunkering licence. Palmstone Petroleum Pte Ltd was found to have breached Clause 3 of the […]

  • 22 September 2014

    Faroe Petroleum has its sold ten percent interest in the undeveloped West of Shetland Glenlivet gas field to Total E&P UK Limited.

  • 17 November 2016

    Atlantic Petroleum’s previously announced deal to sell its stake in the Orlando oil field in the North Sea to Bridge Petroleum, has fallen through. Bridge Petroleum has now told Atlantic Petroleum that it is “unable to complete the transaction under the SPA for 25% of the Orlando asset. “ The initial sales and purchase agreement was […]

  • 25 March 2011
    Business & Finance

    Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its shares commenced trading on Thursday, 24 March 2011 on the Toronto Stock Exchange (“TSX”) under the symbol “LUP”. Lundin Petroleum’s shares also continue to trade on the NASDAQ OMX, Stockholm under the symbol “LUPE”. Lundin Petroleum is a Swedish independent oil and gas exploration […]

  • 24 April 2019

    Occidental Petroleum Corporation submitted a bid looking to buy Anadarko Petroleum Corporation for $76.00 per share, totaling $57 billion. 

  • 7 May 2019
    Project & Tenders

    Anadarko Petroleum has stated that the revised acquisition proposal from Occidental Petroleum was a “superior proposal” to an already announced merger agreement with Chevron.

  • 20 September 2013

    Dana Petroleum has reached an agreement with Hansa Hydrocarbons Limited (Hansa) for them to participate in the Pharos exploration well on Licence P.1566 in the UK Southern North Sea, due to be spudded before the end of September. The Pharos prospect is located approximately 50 km northeast of the Easington gas processing terminal, Humberside, and […]

  • 21 December 2015
    Business & Finance

    African Petroleum, an independent oil and gas exploration company, has entered into a new Production Sharing Contract with Ophir Energy plc covering the company’s CI-513 licence area in the Ivory Coast. In accordance with the terms of the new PSC, Ophir Energy holds a 45% interest and is operator, African Petroleum holds a 45% interest […]

  • 4 October 2017
    Business & Finance

    Well management specialist Exceed has been awarded a contract by Alpha Petroleum Resources Limited for work on the Cheviot field development campaign. The field, described by Alpha Petroleum as one of the largest undeveloped fields in the UK North Sea, is estimated to hold 55 mmbbls of oil and 20 mmboe of future gas production. […]

  • 2 April 2014
    Business & Finance

    The Maritime and Port Authority of Singapore (MPA) has cancelled the bunker supplier and bunker craft operator licences of Coteam Petroleum with effect from 1 April 2014 for contravening the terms and conditions of the bunkering licences. The company was found to have breached Clause 3 of the terms and conditions of the Bunkering Licence […]

  • 1 May 2014
    Business & Finance, Project & Tenders

    Dana Petroleum has reported that the first production well has now been successfully completed and flow tested and a further three wells have been drilled and cased to surface casing depth in the Western Isles Development Project. All four subsea christmas trees have also been installed on the seabed. The work is being undertaken by […]

  • 6 March 2013
    Business & Finance

    Aberdeen-based Dana Petroleum has appointed as the new Managing Director of its Netherlands business. Nick Dancer, who previously ran Dana’s operations in Egypt, took up his new position on 1 March replacing Reidar Hustoft, who has recently moved to become Managing Director for the company’s Norwegian business. Dancer joined Dana in 2008 from Shell where he […]

  • 22 June 2018
    Business & Finance

    European Commission is investigating long-term LNG supply deals between Qatar Petroleum and European importers.

  • 25 March 2016

    Atlantic Petroleum, a Faroese oil and gas company with assets in the North Sea, might have secured a lifeline after entering into Heads of Terms with a UK-based investment company. Namely, the company which has been working for months to avoid going into administration, has entered into Heads of Terms with London Oil and Gas […]

  • 6 May 2019

    France’s Total has reached a binding agreement with Occidental to acquire Anadarko’s assets in Africa (Algeria, Ghana, Mozambique, South Africa) for a consideration of $8.8 billion. 

  • 22 January 2014

    Lundin Petroleum AB, a Swedish independent oil and gas exploration and production company, has announced that as at 31 December 2013 its net proven and probable working interest reserves (“2P Reserves”) are 194.1 million barrels of oil equivalent (MMboe), its best estimate (“2C”) Contingent Resources excluding the Johan Sverdrup field are 342 million barrels of oil […]