444 results found for 'kaombo'

444 results found for 'kaombo'
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  • UK oil & gas firm boosts its stake in two Angolan offshore blocks

    19 July 2023
    Business & Finance, Business Developments & Projects

    Afentra has inked a sale and purchase agreement (SPA) with Azule Energy Angola Production to boost its stake in two blocks offshore Angola.

  • The plot thickens for controversial Bay du Nord oil project despite govt approval

    12 May 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Transition, Vessels

    Norwegian state-controlled oil and gas giant Equinor is now facing more challenges related to the development of its controversial Bay du Nord offshore oil project located in Canada despite recent approval by the government.

  • Oil Search Net Profit at USD 175.8 Mil (PNG)

    26 February 2013

    Oil Search said its 2012 net profit after tax (NPAT) including significant items was US$175.8 million. Excluding significant items, underlying NPAT was US$153.0 million. HIGHLIGHTS Total oil and gas production in 2012 was 6.38 mmboe, within the Company’s guidance range despite several shutdowns during the year. Sales volumes for the year were 6.13 mmboe, 8% […]

  • As calls for more UK-produced energy lock horns with outcries to ban new oil & gas, all roads lead to renewables

    7 June 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Renewables are seen as the UK’s road to net-zero, but many feel this should be a gradual shift in investment rather than casting new oil & gas aside right away.

  • Faroe Petroleum Announces Operational Update (UK)

    26 February 2013
    Business & Finance, Operations & Maintenance

    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, provides an operational update. The Company currently has two exploration wells Rodriguez South (Faroe 30%), Norwegian Sea and North Uist (Faroe 6.25%), West of Shetland. Planned near term exploration wells […]

  • PNG LNG on Track for First Sales in 2014 (Papua New Guinea)

    24 January 2012

    Oil Search today announced its activities report for the quarter ended 31 December 2011. Highlights In early December, the operator of the PNG LNG Project, Esso Highlands Limited, a subsidiary of Exxon Mobil Corporation, confirmed that good progress is being made on all aspects of the Project and that it remains on track to achieve […]

  • Oil Search: PNG LNG Project 90 Pct Complete

    23 July 2013

    Oil Search of Papua New Guinea announced its results for the quarter ended 30 June 2013. Highlights: At the end of the second quarter of 2013, the PNG LNG Project was nearly 90% complete and the Project remains on track for first LNG sales in 2014. PRL 3 JV studies for the potential development of the […]

  • Will Labour’s plans to turn Britain into renewables’ superpower shut down UK’s oil & gas sector?

    29 May 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    The UK’s Labour has set its mind on bringing new oil and gas exploration in UK waters to an end while ushering in a green energy future.

  • In focus: Post-COP26, offshore energy sector using every lever to support creation of net-zero future

    19 November 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Rules & Regulation, Transition

    As the dust is settling in the aftermath of COP26, new developments in the offshore energy sector are laying the grounds for the net-zero future.

  • In focus: Balancing act between energy security and net-zero goals

    30 September 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Technology, Transition, Vessels

    The global energy crisis has forced nations around the globe to ponder whether they need to pick between energy security and net-zero goals. Can both be obtained simultaneously? This is the question on everyone’s mind.

  • Top energy transition trends to watch in 2022, as seen by Westwood

    11 January 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    Westwood Energy and its energy transition team gave us their views on the main trends that oil and gas firms should watch in 2022.

  • Westwood: UK’s windfall tax puts oil & gas investments at risk, with domino effect on North Sea rig demand

    24 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation

    Westwood says that the UK’s tax changes could amplify the exodus of rigs from the North Sea, which is already in full swing.

  • PNG: Oil Search Production Rises, Sales Drop

    22 October 2013

    Oil Search said its production in the third quarter of 2013 was 1.78 million barrels of oil equivalent (mmboe). This represented a 10% increase on production in the second quarter, primarily driven by strong performances from the Kutubu and Moran fields. Sales revenue from oil, gas and refined products for the quarter was US$166.4 million, […]

  • Canada stalls decision on giant new oil project while environmentalists call for rejection and shift to wind

    7 March 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Transition, Vessels

    The ever-widening chasm between the oil and gas industry and environmentalists is evident in this as well as other new oil projects, think of Cambo in the UK, as each group holds a vastly different opinion on the effects that this project development would have within the context of the energy transition and the global net-zero targets.

  • Oil Search: PNG LNG Employs More Than 9,300 Workers (Papua New Guinea)

    25 October 2011

    Oil Search announced results for the quarter ended 30 September 2011. HIGHLIGHTS • Execution of the PNG LNG Project, operated by Esso Highlands Limited, an affiliate of Exxon Mobil Corporation, continued during the third quarter of 2011. Milestones included the delivery of the last of the line pipe for the onshore pipeline and further construction […]

  • Oil Search: Quarterly Report to 31 December 2010 (Papua New Guinea)

    25 January 2011

    Oil Search today announced activities report for the quarter ended 31 December 2010. Commenting on the quarter, Managing Director, Peter Botten, said: PNG LNG Project “Work on the PNG LNG Project in the fourth quarter continued to focus on preparing the various key Project sites and on the construction of essential support infrastructure. By the […]

  • Papua New Guinea: Oil Search Reports Results for the Year Ended 31 December 2010

    22 February 2011

      Oil Search today announced financial results for the year ended 31 December 2010. Commenting on the 2010 results, Mr. Peter Botten, Oil Search’s Managing Director, said the following: 2010 Full year results “Oil Search’s 2010 full year net profit including significant items was US$185.6 million, 39% higher than in 2009. The profit increase was […]

  • LIVE BLOG: Offshore Energy and Navingo Career 2021 events

    27 October 2021
    Business Developments & Projects, Infrastructure, Outlook & Strategy, Regulation & Policy

    Aaaaaaand scene! The 14th Offshore Energy Exhibition & Conference is in the books and, in case you were not able to join us over the past two days, the video below gives you a little taste of what it was like to be at RAI Amsterdam in person! 17.10 Closing the 14th OEEC and the 15th […]

  • USA: Schlumberger Reports Growth in Third-Quarter Revenues

    19 October 2012
    Business & Finance, Operations & Maintenance

    Schlumberger Limited today reported third-quarter 2012 revenue of $10.61 billion versus $10.45 billion in the second quarter of 2012, and $9.55 billion in the third quarter of 2011. Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.44 billion—an increase of 3% sequentially and 10% year-on-year. Diluted earnings-per-share from continuing operations, excluding […]