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Michael Scott joins the company to support its growth strategy and will be focusing on the commercialisation of the company’s growing well integrity technology portfolio and further business expansion in global markets, notably the US, Middle East and Asia.
Over US$811 billion will be spent on 615 upcoming oil and gas fields between 2018 and 2025.
Pioneer Natural Resources Company announced that it has signed a purchase and sale agreement with Sundance Energy, Inc. to sell approximately 10 200 net acres in the western portion of Pioneer’s Eagle Ford Shale acreage position for US$102 million, subject to normal closing adjustments.
PJSC NOVATEK reports that the subsidiary of Novatek Gas & Power Asia Pte. Ltd. The first lot of liquefied natural gas (LNG) produced on the Yamal LNG project was delivered to the Indian market.
A leading energy economist has predicted that total field expenditures in the North Sea could amount to £268 billion over the next three decades.
Marubeni Corporation announces that Marubeni, through its subsidiaries, has reached agreements with two independent oil and gas companies in the US to sell a part of Marubeni’s interests in the Eagle Ford shale oil & gas assets located in the state of Texas.
New location places NES at the centre of Permian Basin employment activity.
SDX Energy Inc., the North Africa focused oil and gas company, has announced its financial and operating results for the three months and year ended 31 December, 2017.
Collaboration is key to unlocking stranded five million bbl North Sea oilfield.
The nomination should be effective at the end of the annual general meeting to be held on April 26, 2018.
An average Capex of US$3.0 billion per year would be spent on eight oil and gas fields in Mozambique between 2018 and 2020.
Shell EP Middle East Holdings B.V. has agreed to sell the entire share capital of Shell Iraq B.V (SIBV), which holds its 19.6% stake in the West Qurna 1 oil field, for US$406 million, to a subsidiary of ITOCHU Corporation.