Oil & gas news
Israel will emerge as gas exporter in Eastern Mediterranean region by mid-2020s, says GlobalData
Currently, Israel’s remaining recoverable gas reserves are estimated to be around 26.2 trillion ft3.
ADM Energy plc announces appointment and proposed directorate changes
His Highness Shaikh Ahmed Bin Dalmook Al Maktoum, has been appointed President of ADM Energy in a non-Board role.
SBM Offshore awarded letter of intent for FPSO Mero 2 lease and operate contracts by Petrobras
SBM Offshore will design and construct the FPSO Mero 2 using its industry leading Fast4WardTM programme.
Amerisur Resources receives approval for Occidental farm-out agreement
The deal relates to four exploration blocks: Putumayo-9, Terecay, Tacacho and Mecaya in the Putumayo region, southern Colombia.
PGNiG purchases interest in King Lear field
Production start at the King Lear field, located in the North Sea, is planned for 2025.
Oceaneering to carry out first deepwater AUV survey in Mexican waters
The geophysical survey will be performed for BHP at its Trion development.
Horse Hill-1 test reaches oil production landmark
The oilfield in Surrey, UK, had produced 50 000 bbl of light, sweet, dry oil as at close of business on 7 June.
Wood Mackenzie: Energy takes centre stage at St Petersburg
A number of high-profile deals were signed at this year's St Petersburg International Economic Forum in Russia.
Rawwater to showcase 3000-year-life underwater cast metal seal
UK-based Rawwater Engineering Company Ltd has created the world’s first ‘anticipated’ 3000-year-life underwater cast metal seal.
KCA Deutag appoints Joseph Elkhoury as new Chief Executive Officer
The Board of KCA Deutag has announced the appointment of Joseph Elkhoury as its new Chief Executive Officer with effect from 1 July 2019. Joseph takes over from Norrie McKay who has confirmed his intention to retire later this year.