Archive for the ‘Companies’ Category
Dragon Oil due BP’s Gulf of Suez interests
June 5th, 2019 by Latest News
Dragon Oil, Dubai, has agreed to buy BP PLC’s producing and exploration concessions in Egypt, including the British company’s interest in Gulf of Suez Petroleum Co. The move is part of BP’s plan to divest more than $10 billion of assets globally over t…
Anadarko lets contract for Mozambique LNG project
June 5th, 2019 by Latest News
Anadarko Petroleum Corp. has let an engineering, procurement, and construction contract to CCS JV, a joint venture of McDermott International Inc., Saipem, and Chiyoda, for the Mozambique Area 1 LNG Development.
Total to takeover Toshiba LNG portfolio
June 4th, 2019 by Latest News
Total SA has agreed to take over Toshiba’s portfolio of LNG, including a 20-year tolling agreement for 2.2 million tonnes/year of LNG from Freeport LNG Train 3 in Texas and the corresponding gas transportation agreements on the pipelines feeding the te…
UK offers 37 licenses in offshore round
June 4th, 2019 by Latest News
Thirty companies, some of them in groups, have received offers for the award of 37 licenses covering 141 blocks in the UK’s 31st offshore licensing round. The frontier areas are in the Faroe-Shetland basin, Moray Firth, East Irish Sea, East Shetland Pl…
W&T Offshore makes oil find with Gladden Deep well
June 4th, 2019 by Latest News
W&T Offshore made an oil discovery with its Gladden Deep well on Mississippi Canyon 800 block in the US Gulf of Mexico, reported partner Kosmos Energy Ltd. of Dallas. Gladden Deep is a subsea tie back expected to be brought online through the exist…
Vogel named SM Energy chief operating officer
June 3rd, 2019 by Latest News
Herbert S. Vogel, executive vice-president of operations of SM Energy Co., Denver, has been promoted to chief operating officer.
Second Total solar plant in Japan starts
June 3rd, 2019 by Latest News
Total SA has started commercial operation of its second solar power plant in Japan, a 25-Mw unit at Miyako on Honshu Island.
Marathon Oil closes Kurdistan divestiture
May 31st, 2019 by Latest News
Marathon Oil Corp. closed on the sale of its 15% participating interest in the Atrush block in Kurdistan, where first-quarter production averaged 2,400 net boed. The divestiture marks the company’s exit from the country.
Ithaca Energy to acquire CNSL in $2-billion deal
May 30th, 2019 by Latest News
Ithaca Energy, a subsidiary of Delek Group, will acquire Chevron North Sea Ltd. (CNSL) for $2 billion, adding 10 producing field interests to Ithaca’s existing portfolio, four of which relate to assets operated by Ithaca.
Eni farms in to blocks offshore Mozambique
May 29th, 2019 by Latest News
An Eni SPA subsidiary has farmed in to three blocks offshore Mozambique in an agreement with ExxonMobil Mozambique Exploration & Production Ltd., the operator.