Oil & gas news

Zargon Oil & Gas Ltd has entered into a definitive agreement for the sale of all of its Southeast Saskatchewan assets.

Contract covers supply of mooring solutions for phase 2 development of Pengerang Independent Deepwater Petroleum Terminal

Compared with a year earlier, the underlying second quarter result was impacted by lower oil and gas prices, and significantly lower refining margins.

The company has announced the successful drilling and testing of the Jacana 4 development well in the Jacana oilfield.

Khalid Zainalabedin, ATCE Programme Committee Chair, describes how ATCE 2017 will emphasise the need for reform in the industry and showcase cost-efficient technologies alongside value-added services.

Entries are now being accepted for innovators in multiple categories like Health & Safety and Environmental Stewardship. Deadline for submission is September 14, 2016.

Schlumberger has announced its results for the second-quarter 2016.

The six-acre facility in Bryan, Texas, brings the Syntech product line closer to clients in the oil and gas industry and has the capacity to support future growth.

LWP will receive an initial payment of US$900 000, with the remaining US$5.1 million invested in a sharing agreement to be received over the next 18 months.

SapuraKencana Petroleum Berhad's wholly-owned subsidiary, SapuraKencana Mexicana S.A.P.I. de C.V., has been awarded a contract with a value of approximately US$113 million.