Exploration ///
Wood has secured a new $13 million contract with Equinor to deliver engineering, procurement, construction, and installation (EPCI) services to the Vigdis boosting station increased oil recovery (IOR) project.
Kenya summoned its ambassador to Somalia after the Horn of Africa neighbor decided to auction offshore oil and gas blocks the nation considers to be in its territory.
The 6th Eastern Mediterranean Gas Conference (EMGC) takes place in Nicosia, Cyprus March 6-7, 2019
The Energy Outlook explores the forces shaping the global energy transition out to 2040 and the key uncertainties surrounding that transition.
According to Khalid Al-Falih, Saudi Arabia’s energy and industry minister and chairman of Saudi Arabian Oil Co., “the world is going to be Saudi Aramco’s playground.” If it is, then that will be partly because some others have ceded ground.
Wintershall was founded exactly 125 years ago, on Feb. 13, 1894. “A proud birthday only few companies get to experience,” says Mario Mehren, Wintershall’s CEO. Wintershall is now Germany’s largest internationally operating crude oil and natural gas producer.
Robert Curran, Contributing Editor
A year ago, things appeared to be looking up for Canada’s oil patch, but that proved unfounded. In early 2019, more uncertainty and pessimism are in the air, and little on the horizon provides hope for improvement.
Arun Srinivasan, SAP Fieldglass
The oil and gas industry relies heavily on external workers, in the field and in the office. A recent survey of senior oil and gas executives shows how the external workforce is sourced, managed and deployed—and how it adds value.
Neptune Energy has today been awarded an operated oil exploration license in the North West El Amal offshore concession in Egypt by the Egyptian General Petroleum Corporation.
William (Bill) Head, Contributing Editor
The status of airguns and alternatives
Kurt Abraham, World Oil
The art of discussing issues in 2019
SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that it has increased its presence in Morocco with the awards of the Moulay Bouchta Ouest and Lalla Mimouna Sud licenses.
Egypt is finalizing details of a new type of oil and gas contract to attract even more foreign investment than the $10 billion already coming into its energy industry this year.
India announced a third round of auctions in a year for oil and gas blocks under a more liberal policy, targeting to raise as much as $700 million in exploration investments as the country seeks to cut its reliance on imports.
Kuwait Petroleum Corp. is reassessing plans to spend about $500 billion in capital investment and may decide this year to combine its eight business units into four to streamline the company, according to a person familiar with the matter.
The Bureau of Land Management (BLM) has announced that 2018 was a record year for oil and natural gas lease sales – generating more than $1 billion – an amount that was nearly equal to the BLM’s budget for Fiscal Year 2018.
Apache Corporation has announced that its board of directors has approved a 2019 upstream capital budget of $2.4 billion. This represents a significant reduction from its previous 2019 investment plan, as well as from its actual upstream investment level in 2018.
The crude market had its worst quarter in four years but you wouldn’t be able to tell by looking at Big Oil’s stellar earnings numbers.
Chevron Corp. vowed to cut greenhouse gas emissions in alignment with the Paris Accord on climate change, potentially averting a shareholder rebellion at its annual general meeting.
Africa Oil Corp. has announced a significant discovery at the Brulpadda-1AX well on Block 11B/12B offshore South Africa. Africa Oil holds an indirect interest in the project as a result of its equity interest in Africa Energy (35%) and Impact Oil and Gas (30%).