Neptune Energy appoints Eko Lumadyo as Managing Director, Indonesia
Neptune Energy has announced the appointment of Eko Lumadyo as Managing Director of its Indonesian business, based in Jakarta.
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Rystad Energy: After years of misery, a strong outlook for offshore operators
An expected US$210 billion will be spent on offshore oilfield services globally next year, according to Rystad Energy’s latest project sanctioning report.
Tendeka: revitalising reservoir recovery factors in 2019
Brad Baker reflects on the state of the oil and gas industry, and what may lie ahead in 2019.
Osprey Informatics secures financing for Intelligent Visual Monitoring Platform
The investment will be used to drive sales expansion and to bring to market additional artificial intelligence-enabled solutions, including methane detection.
Rystad Energy: Exploration winners of 2018
2018 stands already as the best year for global oil and gas exploration since 2015. Guyana, Russia and the United States top the list with major discoveries.
GlobalData: Mandated cuts by Alberta government remain a short-term solution for the issue of lack of pipeline capacity
Following production cuts mandated by Alberta’s Premier in early December 2018, Adrian Lara, Senior Oil and Gas Analyst at GlobalData, offers his view on the impact on the upstream sector.
WoodMac: upstream companies positioned to thrive in 2019
Sector enters the new year prepared to capitalise and build.
WoodMac: Chevron loses second major production asset in South East Asia
Wood Mackenzie's research analyst Jean-Baptiste Berchoteau comments on the announcement by Thailand's Department of Mineral Fuels (DMF) that PTTEP has won the auction round for both G1/61 (Erawan) and G2/61 (Bongkot) PSCs.
Siccar Point Energy increases existing reserves based lending facility
Siccar Point Energy has signed an agreement with its existing syndicate of banks to increase and extend its existing Reserves Based Lending Facility.
GlobalData: Brazil’s 2019 bidding round expected to generate an exceptional revenue for Brazil
Adrian Lara, Senior Oil and Gas Analyst at GlobalData, offers his view on the impact on the upstream sector.
Decom North Sea secures Decommissioning Challenge Fund grant award
The £5 million fund aims to provide opportunities for the supply chain in Scotland.
Survivex launches interest-free finance to help people fund offshore training
The company, which is now part of the 3T Energy Group, has introduced 0% finance packages to help people finance training for potential jobs in the global energy sector.
Deloitte: trust, technology and transformation key to re-energising oil and gas collaboration
The company has published an annual survey, which includes the Collaboration Index, measuring the effectiveness of companies as partners in collaboration.
Coretrax secures investment to fast-track international growth
Coretrax, the independent wellbore clean-up and abandonment specialist, has received a substantial investment from private equity firm Buckthorn Partners to accelerate its ambitious international growth plans.
Frontera Resources Corporation: financing update
Frontera Resources Corporation has announced that on 11 December 2018 it signed a term sheet with a New York, U.S.A.-based fund seeking to secure a loan of up to US$60 000 000.