Thom Payne, Director, Westwood Global Energy Group shares his insight on the timing of a substantial market recovery in Southeast Asia and the mid-long term outlook for regional E&P activity amid macroeconomic forces shaping higher oil prices.
The company has a 100% working interest. Upon a commercial discovery CNOOC has the right to participate in up to 51% working interest.
The joint venture will operate under the name Wintershall DEA.
The company has entered into an Operator and Transitional Services Agreement with PTTEP, which will govern the operation and management of the Montara assets and the provision of transitional services in the period from completion until the transfer of operatorship.
The company has announced its interim results for the six months ended 30 June 2018.
The company has announced that it has entered into a share option agreement with its joint venture partner, Grupo IDESA, S.A de C.V.
Adrian Lara, Senior Oil and Gas Analyst at GlobalData, provides his view on the impact on the upstream sector.
The company’s latest report explores how the industry is preparing for the rise of electric vehicles, and the reasons why.
The Supervisory Board of Fugro NV has announced that it has decided to appoint Mark Heine as CEO and Chairman of the Board of Management.
The company has announced that it will offer well control training to drilling rig crews onsite with its rigsite well control Crew Training Unit.
The company has appointed Davor Saric as its new Technology Director to help deliver the company’s next generation of disruptive technologies.
Steve Mitchell has been appointed to the Senior Management team at ASCO, taking up the role of Operations Director (Scotland) as the materials management company continues its drive for efficiency through digitalisation.
Gastech 2018 has closed with the organisers reporting in excess of 30 000 attendees over four days - a record for the 30th edition of the event - laying a strong foundation for the 2019 event in Houston.
Iran has new build capital expenditure (Capex) of around US$22.3 billion for the forecast period.
Gareth Davies, Eigen, UK, discusses different process methods for achieving digitisation.