Oil & gas news
Total sells Colombian assets
Total has signed an agreement with Sinochem to sell TEPMA BV. This fully owned affiliate of Total holds a working interest in the Cusiana field as well as a participation in OAM and ODC pipelines in Colombia.
Technip awarded contract for Jubilee project
Technip was awarded two contracts, worth approximately €100 million by Tullow Ghana Limited, for the Phase 1A of the Jubilee project. The Jubilee field is located offshore Ghana at a water depth of 1300 m.
Total begins second phase of Ofon field development in Nigeria
Construction and installation contracts have been awarded for Ofon Phase 2, which is scheduled to come on stream in 2014.
Inpex sees income rise by 28.6%
Citing rising oil and gas prices, Inpex reports a 28.6% increase in net income.
China to see oil imports decrease
Analysts predict that the world’s second largest oil importer will see a slowdown of oil consumption.
Sembcorp secures order from Petrobras affiliate.
Sembcorp has received an order from Sete Brasil for the construction of a drillship.
Craig Group to invest £50 million in new vessels with Talisman Energy contract
Talisman Energy has awarded The Craig Group a £ 50 million contract to build two new vessels to support Talisman’s North Sea operations.
Rosneft sees record profits
Russian oil company Rosneft has seen record profits of US$ 12.45 billion.
Global coking coal outlook
Gerrit Lok, Hatch Africa’s director for coal gives an analysis of global coking coal demand and supply trends.
Aker Solutions to provide Well intervention services to Tullow
Aker Solutions has signed a frame agreement with Tullow Ghana Limited to provide well intervention services for the oil company's Jubilee and Tano deepwater fields offshore Ghana, West Africa.