Upstream oil and gas news weekly roundup
Five stand-out stories from this week’s upstream oil and gas news.
Five stand-out stories from this week’s upstream oil and gas news.
Eran Chvika, Norton Rose Fulbright LLP, Paris, explains the importance of reserve based lending for funding oil and gas projects.
Stellar Resources has advised that the Horse Hill-1 well has now been drilled to the third casing point at 6612 feet.
Marathon Oil has closed the transaction with Det norske for the sale of its Norwegian business for US$ 2.7 billion.
Projects in Saudi Arabia have the most recoverable reserves among the world’s top upstream developments, according to GlobalData.
Meta recently won the Innovation of the Year Award at the 2014 Africa Oil & Gas Awards.
Petronas’ exploration and production subsidiary has ordered Kongsberg’s SiteCom® real-time drilling operations software.
Genesis was presented with Bronze Corporate Partnership by IChemE’s Director of Policy, Andy Furlong, on 15 October 2014.
Odfjell Drilling and William Jacob Management will deliver engineering services of offshore drilling facilities to the energy market.
Achieved Q3 production of 25 175 bpd; commencing seismic on New Magdalena Basin blocks.
AVEVA and Capgemini strengthen their global alliance for asset-intensive industries.
The contract will supply the two fields with subsea systems.
Software management platform Asset Guardian has been chosen by BP to manage the process control software used to operate Quad 204.