Oil & gas news

Brazilian mining giant, Vala, has lifted force majeure on a number of its coal sales contracts in Mozambique.

It is almost ten years since the invasion of Iraq, yet today the country still sees bombings and shootings on a daily basis. The central provinces remain socially fragmented with one of the highest rates of terrorist attack in the world. The north of the country also sees a high degree of political risk amid an ongoing competition for control between the federal and regional Kurdish governments.

The Brazilian state oil and gas giant has stated that it intends to triple production from Brazil’s deepwater fields by 2017.

Results from a new appraisal well in the Johan Sverdrup field have suggested that the field could extend into a third licensing block.

The company and its Norwegian partner, RTS have been contracted to supply six Gen 5 multiplexer systems to Bibby Remote Intervention Ltd.

Total has finalised an agreement to sell a 25% interest in the Tempa Rossa field, located in the Basilicata region of southern Italy, to Mitsui.

Xstrata Coal has announced it will reduce the number of operating divisions in Australia from two to one.

Paul Medcraft, MineARC, Australia, asks why the Australian coal industry remains resistant to underground refuge stations as safe havens for SCSR changeover.

The new MPFL will allow equipment manufacturers and oil and gas companies to test, validate and calibrate multiphase technologies for the production of oil and gas, and the measurement and trading of gas.

Statoil and co-venturer ExxonMobil are pleased to announce their third high impact discovery in Block 2 offshore Tanzania in a year.