Monday, February 19, 2018
Norwegian billionaire Kjell Inge Roekke’s Aker Energy plans “important” oil exploration and manufacturing in Ghana after a $100 million deal to purchase Hess Corporation’s (HES.N) enterprise there.Aker Energy stated the proposed transaction, which is topic to approval from Ghanaian...
Software places real-time drilling monitoring in attain Proactive Real Time Systems (PRTS) has launched its new software program product known as the Real-Time Advisory System (RTAS).RTAS has been underneath growth for greater than a 12 months and is designed...
Australia’s Woodside Petroleum lastly acquired what it needed from Exxon Mobil. And it solely price $744 million.As far again as 2013, Exxon deliberate to develop a floating liquefied pure fuel enterprise for the Scarborough discipline offshore Western Australia....
An common capital expenditure (capex) of $19.5bn per yr is forecast to be spent on 568 oil and fuel fields in North Sea between 2018 and 2020, in keeping with GlobalData, a number one knowledge and analytics firm.Capital expenditure...
Gas exports to Europe from each Russia and Norway climbed to document ranges in 2017, in keeping with recent evaluation by Rystad Energy. Russian and Norwegian fuel exports to Europe (together with Turkey) reached 194 Bcm and 122 Bcm,...
As OPEC watches a close to 15 p.c drop within the oil value in three weeks, vital indicators within the bodily crude market are flashing alerts that the decline could be removed from over.The warnings come not from the...
HURRICANE Energy has stated it's on observe to begin manufacturing from the large Lancaster area West of Shetland subsequent 12 months with work on the manufacturing services progressing properly.Five months after Hurricane offered a lift for the hard-pressed North...
Norwegian authorities officers have been stressing these days that the nation’s oil coverage stays agency, though new coalition colleagues have seen it as stimulating an excessive amount of dangerous exploration. Now EU competitors authorities have been requested to assessment...
More than $58 billion in North Sea spending is anticipated over the following two years, and most of that's from the Johan Sverdrup area offshore Norway, knowledge present.A overview of capital expenditures within the North Sea from GlobalData, an...
The Court of Appeal in London dominated on Wednesday that two Nigerian communities can not pursue Royal Dutch Shell in English courts over oil spills in Nigeria’s Delta area.The break up choice upheld a High Court ruling final 12...
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