Oil & gas news

PTTEP’s net profit jumps 60% from recovered oil prices and effective operation and cost management Dividend payment proposed at 4.25 Baht per share.

Blue Water Energy and Blackstone Energy Parters have agreed to lead an initial investment of up to US$1 billion in Mime Petroleum.

Baker Hughes, a GE company, has announced the results for the fourth quarter of 2017 and the total year ended December 31, 2017.

The late life extension strategy involves converting the TAQA-operated Eider Alpha platform into a utility platform as part of a wider programme designed to extend the life of TAQA’s wider NNS infrastructure in the years ahead.

Rose Petroleum plc has now completed the initial structural interpretation of the 3D seismic data it acquired over its Gunnison Valley Unit which is part of its larger lease holding in the Paradox Basin, Utah, USA.

Ecosse Subsea Systems (ESS) signalled its intent to expand in 2018 with the appointment of the company’s first Engineering Manager.

Taking place at the AECC on Wednesday 7 February, the ‘Scottish Enterprise Business Breakfast’, will provide guests with a networking opportunity whilst demonstrate the vast amount of diversification opportunities there are across the sector.

Petrobras has joined the OGCI following a meeting of the group at the World Economic Forum in Davos, Switzerland.

The US$3.3 billion Tyra Future redevelopment project is critical in enabling Denmark to achieve its gas supply requirements, while supporting future regional investments and protecting industry jobs, according to GlobalData.

PetroNeft provides an update on oil production at licence 61 in the fourth of 2017.