Oil & gas news

Triangle has jointly (50/50) executed a share purchase agreement in partnership with Royal Energy Pty Ltd to acquire the 42.5% balance of the Cliff Head Oil Field from ROC Oil Company Limited.

The US Bureau of Safety and Environmental Enforcement (BSEE) authorised the use of QuietSea for seismic survey operations in the US waters of the Gulf of Mexico.

Lift IQ service improves well production and artificial lift equipment performance.

Energean oil and gas is pleased to announce that it has agreed to farm out a 60% interest in its Ioannina and Aitoloakarnania blocks, onshore Western Greece, to Repsol.

The AMI provides FAR and CNOOC UK with agreed arrangements to partner in evaluating, bidding, negotiating and managing joint ventures on farm-in and open acreage opportunities for oil and gas licences. The AMI agreement period is for two years.

Simplified workflows, an integrated enterprise G&G database, expanded use of advanced machine learning capabilities, and additional third-party connectivity deliver better results with less effort.

Audrey MacIver, Head of Energy at Highlands and Islands Enterprise, sets out the rewards the Highlands and Islands is set to reap from major infrastructure investment.

Eco (Atlantic) Oil & Gas Ltd has noted the announcement made overnight by ExxonMobil Corporation in relation to another new oil discovery in Guyana on its Snoek Oil Prospect.

According to a recent Wood Mackenzie report, a leaner and more cost-competitive deepwater industry is emerging from the downturn, with the most attractive projects now competing with US tight oil plays.

Senior figures from Mexico’s national oil company, Pemex, have been discovering the secrets of the UK subsea sector’s success and how it has revolutionised the way in which hydrocarbons have been extracted from beneath the seabed during a fact-finding visit to Aberdeen.