Galp farms-down 40% in Namibia PEL 82 to ExxonMobil
Galp informs that it is in the process of farming-down a 40% participating interest in the Petroleum Exploration Licence (PEL) 82 in Namibia to an ExxonMobil subsidiary.
Galp informs that it is in the process of farming-down a 40% participating interest in the Petroleum Exploration Licence (PEL) 82 in Namibia to an ExxonMobil subsidiary.
Full year production at record level and at low cash operating costs resulted in highest operating cash flow and EBITDA to date.
Noble Midstream Partners LP and Greenfield Midstream LLC have announced the completion of the acquisition of Saddle Butte Rockies Midstream, LLC and certain affiliates through a newly formed joint venture, Black Diamond Gathering, LLC.
Following the completion of the acquisition of an initial 25% interest in the Magnus oil field on 1 December 2017, EnQuest PLC has announced it has agreed with BP to undertake the management of the physical decommissioning activities for Thistle and Deveron.
Beach Energy Limited has advised that the acquisition of Lattice Energy Limited from Origin Energy Limited has financially closed.
Parsley Energy, Inc. provided an operational update that discloses certain full-year 2017 results and highlights strong indications from the Company's Wolfcamp C delineation programme.
Regional Oil and Gas industry reflections from Mike Blakemore, Senior Vice President at Advisian Abu Dhabi.
Jersey Oil & Gas has announced that the co-venturers in respect of UKCS Licence P.2170, which contains the Verbier oil discovery and the Cortina prospect, have approved a work programme and budget for 2018.
Serica Energy plc, an independent oil and gas company with production, development and exploration licence interests in the UK North Sea and exploration interests in Ireland and Namibia, have provided an operations update.
The AWE Board will evaluate the proposal and provide a recommendation for shareholders in due course. Meanwhile, the Board advises shareholders to take no action regarding the proposal.
Subsea services company, Rovco has appointed Liam Warren as operations manager to support the delivery of complex ROV and survey projects across the globe.
Targa will manage the construction of LM4 and will operate the plant. Hess Midstream’s 50% interest in the joint venture will be held through Hess TGP Operations LP, in which Hess Midstream owns a 20% controlling economic interest.
Enbridge applied to the NEB on March 10, 2017 after identifying a potential safety concern related to a shifting slope on the Mackenzie River.
PTTEP’s net profit jumps 60% from recovered oil prices and effective operation and cost management Dividend payment proposed at 4.25 Baht per share.
Blue Water Energy and Blackstone Energy Parters have agreed to lead an initial investment of up to US$1 billion in Mime Petroleum.