Upstream news

The Oil & Gas Innovation Centre (OGIC) has invested more than £300 000 into three new projects which have the potential to cut operational costs and improve efficiency in the oil and gas industry.

SDX Energy Inc., the North Africa focused oil and gas company, has announced its financial and operating results for the three months and year ended 31 December, 2017.

UK Oil & Gas Investments PLC (UKOG) has announced that it has been informed by Horse Hill Developments Ltd (HHDL) that it has now received final decision notices from Surrey County Council (SCC), discharging all of the pre-commencement conditions.

Collaboration is key to unlocking stranded five million bbl North Sea oilfield.

The nomination should be effective at the end of the annual general meeting to be held on April 26, 2018.

The growth has been driven by the continued rise in the number of wells drilled in the region.

An average Capex of US$3.0 billion per year would be spent on eight oil and gas fields in Mozambique between 2018 and 2020.

The award covers the delivery and installation of subsea equipment including umbilicals, flowlines and the subsea production system for the Gumusut-Kakap Phase 2 Project.

Shell EP Middle East Holdings B.V. has agreed to sell the entire share capital of Shell Iraq B.V (SIBV), which holds its 19.6% stake in the West Qurna 1 oil field, for US$406 million, to a subsidiary of ITOCHU Corporation.

Range, an international oil and gas company with assets in Trinidad and Indonesia, and an oilfield services business in Trinidad, is pleased to provide an update with respect of its work plan at the Perlak field, Indonesia.