Oil & gas news
IFR enters option agreement for 100% of Tonalli Energia, S.A.P.I. de C.V.
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.
W&T Offshore signs definitive agreement to sell non-core asset
The company has also announced a successful exploration well at Ewing Bank 910 field.
Fugro appoints Mark Heine as CEO to succeed Øystein Løseth
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.
Successful appraisal well and extended production test on Alta
Lundin Petroleum AB (Lundin Petroleum) has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has successfully completed the Alta appraisal well 7220/11-5 and extended production test in PL609 in the southern Barents Sea.
Ashtead Technology delivers installation monitoring services to Subsea 7 on Utgard development
The company has completed a subsea installation monitoring project for Subsea 7 in support of Equinor’s Utgard development, located in blocks 15/8 (NCS) and 16/18a (UKCS) of the central North Sea.
Former Maersk Oil global logistics leader to head up ASCO operations function
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 celebrates record visitor numbers for 30th edition in Barcelona
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.
McGuireWoods Consulting: Romania’s offshore opportunities enhanced by low royalties
The Romanian government has proposed a reduced royalty and additional tax structure for offshore investments, allowing a larger proportion of capital investments to be deducted for tax purposes.
Verus announces signing of SPA for acquisition of Cieco Exploration & Production (UK) Limited
The company has announced that it has signed a Sale & Purchase Agreement (SPA) for the acquisition of Cieco Exploration & Production (UK) Limited, a wholly owned subsidiary of ITOCHU Corporation.
The Government of Madagascar announces the opening of the Madagascar bidding round at Africa Oil Week
OMNIS, in partnership with Africa Oil Week, TGS and BGP, announce a licensing round in Madagascar, to be launched at Africa Oil Week, 5 - 9th November 2018.