Upstream news
Gabon: Total sells interests in mature fields to Perenco and optimises operations
Total has signed an agreement for the sale of stakes and the transfer of operatorship in various mature assets in Gabon to Perenco. The transaction is subject to approval by the authorities.
LGO Energy: Trinidad drilling update
LGO can confirm that Rig#18 has now been successfully mobilised to the Goudron Field where it has been contracted to drill at least two infill wells to the Mayaro Sandstone reservoir.
Roxi Petroleum: proposed merger
Roxi, the Central Asian oil and gas company, with a focus on Kazakhstan, has announced that it will be posting to Shareholders a Circular regarding a proposed merger in respect of the Company's Eragon Assets.
L&N Scotland upgrades to new ISO standard
L&N Scotland, an Aberdeen-based subsea manufacturer, has announced that it has been successful in upgrading its ISO 9001:2008 certification to the new International Quality Standard ISO 9001:2015.
Noble Energy sanctions Leviathan project offshore Israel
Noble Energy, Inc. has announced that it has sanctioned the first phase of the Leviathan natural gas project offshore Israel, with first gas targeted for the end of 2019.
Lundin makes oil and gas discovery in Barents Sea
Lundin Norway AS, operator of production licence 533, has completed the drilling of wildcat well 7219/12-1 and appraisal well 7219/12-1 A (Filicudi). The well proved oil and gas.
Sparrows Group secures five year contract
Sparrows Group has secured a five year contract to deliver hydraulic, lifting and rigging services for Maersk Oil’s UK floating assets.
Technology’s role in recovery and transformation
Dr Patrick O’Brien, CEO Industry Technology Facilitator (ITF), argues that the oil and gas industry needs innovation to survive and thrive.
TGS and Schlumberger announce multi- and wide-azimuth multiclient reimaging programme in US GoM
New reimaged data covers 1000 OCS blocks ahead of large regional lease block turnover.
INPEX makes oil discovery at onshore Exploration Block 10, Iraq
INPEX CORPORATION has announced that it has succeeded in discovering deposits of quality oil through the drilling of an exploration well at the onshore Exploration Block 10 (the block) in the Republic of Iraq, in which it holds a 40% participating interest through INPEX South Iraq, Ltd., a subsidiary.