Oil & gas news
Total, Borealis and NOVA Chemicals sign definitive agreements to form a joint venture in petrochemicals
Total S.A. (Total), Borealis AG (Borealis) and NOVA Chemicals Corporation (NOVA Chemicals) have announced that affiliates of the three companies have signed definitive agreements to form a joint venture in petrochemicals on the U.S. Gulf Coast.
Anadarko announces Mozambique LNG sale and purchase agreement
Anadarko Petroleum Corporation announced that Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has entered into a long-term LNG Sale and Purchase Agreement (SPA) with Électricité de France, S.A., (EDF).
Range announces Trinidad work plan for 2018
The company's average net oil production for January 2018 was 777 bpd. This is an increase of 23% on the production for the quarter ended 31 December 2017.
Sparrows Group re-awarded two five-year contracts from TAQA
The first contract will see Sparrows provide comprehensive crane operations and maintenance services covering all mechanical, HVAC, electrical, hydraulic, pneumatic, instrumentation and structural requirements.
Next Geosolutions Launches New UK Division
Operating within the cable and renewables industries, Next UKCS will provide solutions to the operations and maintenance market.
Frontera Resources: T-45 update
T-45, the first well of current three well drilling programme at the Taribani Complex of Block 12 in Georgia, has now been drilled to a target depth of 2700 m, in the Eldari Formation.
Welch Permian Basin Project update: positive results from Welch Horizontal Well Study
Mosman identified the development potential would be to drill horizontal wells which it expected would increase both Reserves and production.
Wood wins strategic five-year engineering services contract supporting INPEX in Australia
Effective immediately, the contract is for five years with a two-year extension option and will be executed from Wood’s offices in Perth, Australia.
Aker BP announce exploration success in PL340 near Alvheim
Aker BP is about to complete drilling of the Frosk exploration well 24/9-12 located near Alvheim in the North Sea. The well has proved oil. Preliminary analysis indicate a discovery size of 30 - 60 million boe, which is significantly more than the company’s pre-drill estimates of 3 - 21 million boe.
SeaBird Exploration awarded source contract in West Africa
SeaBird Exploration has announced that it has signed an agreement to provide a source vessel for an upcoming survey in West Africa. The project is anticipated to commence during Q1 and will have a duration of approximately 60 days. SeaBird will be using the Osprey Explorer for the project.