Oil & gas news
BP buys Devon Energy assets for US$ 7 billion
BP has announced a US$ 7 billion transaction with Devon Energy for assets in Brazil, Azerbaijan and the US deepwater Gulf of Mexico.
MENA versus APAC in the battle for limited commodities
Leading oil and gas executives from the APAC region meet to discuss ways of competing with production from the MENA region.
Schlumberger acquires Nexus Geosciences
Schlumberger has acquired Nexus Geosciences, Inc., a provider of integrated seismic software and services based in Houston. The group will become part of the WesternGeco business unit.
FMC Technologies awarded US$ 62 million contract by Statoil
FMC Technologies, Inc. has signed an agreement with Statoil ASA for the manufacture and supply of subsea production equipment to support the Marulk field.
Australia’s Arrow Energy set to reject US$ 3 billion takeover bid
Arrow Energy is set to reject a take-over bid from a company jointly owned by Royal Dutch Shell and PetroChina.
The tale of South African steam coal export prices
The changing behaviour of the European and Chinese coal markets and its impact on South African export coal prices.
Oil discovery on Bijeel-1 exploration well in Kurdistan
Kalegran Ltd, a 100% subsidiary of MOL Hungarian Oil and Gas Plc and the operator of the Akri Bijeel block in Kurdistan, concluded a successful oil test in the Bijeel-1 exploration well in the Akri Bijeel block.
Subsea operations in the UK
Alistair Birnie discusses the operational potential of the UK subsea industry and its future after North Sea supplies decline.
Will Australia be the next Qatar?
In the Spring issue of LNG Industry magazine, Lucy Miller, Douglas-Westwood, considers current and future prospects for the LNG sector.
Westside Corp. acquires stake in coal seam gas field
Westside Corp. has announced a joint venture with Mitsui & Co. to develop the Dawson Seamgas fields.