Oil & gas news
Petrofac secures further India EPC award
Petrofac has received a letter of award from Vedanta Limited for its Raageshwari Deep Gas Field Development Project located in Barmer, Rajasthan, India.
Sembcorp Marine wins TechnipFMC contract
Sembcorp Marine Ltd has announced that its wholly-owned subsidiary, Sembcorp Marine Rigs & Floaters Pte. Ltd., has secured a contract from TechnipFMC to undertake the Engineering, Procurement and Construction of Hull and Living Quarters for a newbuild Floating Production, Storage and Offloading vessel (FPSO).
Pioneer sells Eagle Ford shale acreage for US$102 million
Pioneer Natural Resources Company announced that it has signed a purchase and sale agreement with Sundance Energy, Inc. to sell approximately 10 200 net acres in the western portion of Pioneer’s Eagle Ford Shale acreage position for US$102 million, subject to normal closing adjustments.
Neptune awarded Kreuz Subsea’s stabilisation contract for Daman Field Project
Neptune has announced the award of subsea stabilisation services for the Daman field development project in Mumbai High, India.
DEA wins three exploration blocks as operator in Mexico’s bid round 3.1
In Mexico’s shallow water bid round 3.1, Deutsche Erdoel Mexico was awarded two blocks with its partners Pemex Exploration and Production and CEPSA and one block jointly with its partners Sapura E&P and Premier Oil. In all three blocks, the affiliate of the German E&P company DEA, Deutsche Erdoel Mexico will be the operator.
Cairn provides Tethys update
Minor oil discovery north-west of the Gjøa Field in the North Sea – 35/9-13, 35/9-14 and 35/9-14 A
Pemex signs contract with Lewis Energy for the Olmos field
Petróleos Mexicanos and Lewis Energy México signed the first Integrated Exploration and Extraction Contract (CSIEE) for the Olmos field, which is located in the state of Coahuila. The purpose is to assess and develop the Eagle Ford field in Mexico.
NOVATEK delivers the first batch of LNG to India
PJSC NOVATEK reports that the subsidiary of Novatek Gas & Power Asia Pte. Ltd. The first lot of liquefied natural gas (LNG) produced on the Yamal LNG project was delivered to the Indian market.
Cadogan Petroleum provides results of Blazh-3 well workover
Cadogan Petroleum plc, an independent, oil & gas company listed on the London Stock Exchange, has announced that production from the Blazh-3 well in the Monastyretska license has increased from 45 bpd to circa 125 bpd following the successful completion of a workover to re-perforate some of the old intervals and open new ones.
Energy conference highlights predicted £268 billion North Sea expenditures
A leading energy economist has predicted that total field expenditures in the North Sea could amount to £268 billion over the next three decades.