Gulfoilandgas.com Top News

Vishal Wanchoo appointed as President & CEO of GE South Asia

Wed, 23 Aug 2017 00:00:00 GMT

GE announced the appointment of Vishal Wanchoo as President & CEO of GE South Asia effective October 1, 2017. Vishal succeeds Banmali Agrawala, who is moving on from GE to join Tata Sons as President ...

Empyrean Energy Completes 3D Survey in Block 29/11

Wed, 23 Aug 2017 00:00:00 GMT

AIM-listed Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, has announced the 3D seismic data in Block 29/11 (Empyrean 100% Working Intere...

Eni Norge Granted Drilling Permit For Well 7122/10-1 S

Wed, 23 Aug 2017 00:00:00 GMT

The Norwegian Petroleum Directorate (NPD) has granted Eni Norge AS a drilling permit for well 7122/10-1 S, cf. Section 8 of the Resource Management Regulations. Well 7122/10-1 S will be drilled from t...

KrisEnergy Signs Cambodia Block A Development Agreement

Wed, 23 Aug 2017 00:00:00 GMT

The Royal Government of Cambodia and KrisEnergy Ltd. (KrisEnergy) are pleased to announce the signing of fiscal and technical agreements for the nation’s first oil field development in Cambodia Block ...

EnQuest Reports Delays in Kraken Field Ramp-up

Wed, 23 Aug 2017 00:00:00 GMT

Production for the first half of 2017 was 37,015 Boepd. With prolonged commissioning leading to lower than expected operational efficiency from the Kraken FPSO vessel to date, production volumes have ...

Iraqi Oil Minister Congratulates Zangeneh on Stay in Rouhani Cabinet

Wed, 23 Aug 2017 00:00:00 GMT

Iraq sent a high-profile delegation to the Iranian Ministry of Petroleum to relate Iraqi Oil Minister's congratulation message to Iranian Minister of Petroleum Bijan Zangeneh for his reappointment in ...

Pre-Development of Chayandinskoye Field & Construction of Power of Siberia to Be Completed on Time

Tue, 22 Aug 2017 00:00:00 GMT

Alexey Miller, Chairman of the Gazprom Management Committee, held a meeting today in Moscow to discuss the progress achieved in the pre-development of the Chayandinskoye oil, gas and condensate field ...

Namibia Breweries Reduces Energy Costs with Schneider Electric

Tue, 22 Aug 2017 00:00:00 GMT

Schneider Electric, the global specialist in energy management and automation, announced the success achieved at Namibia Breweries Limited, one of the leading beverage companies in the region. Namibia...

Bapco to Meet Technip-led Consortium for Talks on Refinery Expansion

Tue, 22 Aug 2017 00:00:00 GMT

State-run Bahrain Petroleum Co (Bapco) will meet a consortium led by France's Technip for further talks over the planned expansion of Bahrain's only oil refinery, sources close to the matter told Reut...

Kuwait Says Oil Spills Contained

Tue, 22 Aug 2017 00:00:00 GMT

Kuwait's state oil company said that an oil spill off the country's coast had been contained and that it was in contact with oil companies operating in the Gulf region to try to locate the source of t...

BMT Appoints Rob Steel as Business Development Director

Tue, 22 Aug 2017 00:00:00 GMT

Former Royal Naval engineer Rob Steel has been appointed Business Development Director at BMT Design & Technology, where he will support the Managing Director in developing the company’s growth and ca...

ExxonMobil Selects MRC Global as Primary Valve Provider

Tue, 22 Aug 2017 00:00:00 GMT

MRC Global Inc. announced that its subsidiary, MRC Global (US) Inc., has signed an agreement to be the primary global provider of valve and valve products and services to ExxonMobil. The agreement inc...

Noble Energy & Delek Drilling Awarded Extension to Alon D Licence

Tue, 22 Aug 2017 00:00:00 GMT

Delek Group announces that below is an Immediate Report by Delek Drilling Limited Partnership (the Partnership) concerning the decision of the Minister of Energy in respect of the Alon D license.
...

Premier Oil to Sell its Interest in Wytch Farm Oil Field

Tue, 22 Aug 2017 00:00:00 GMT

Premier notes today’s media speculation and confirms that it has reached agreement with a third party for the disposal of its entire 33.8% interest in the Wytch Farm field. The proposed consideration ...

Microsoft & Halliburton to Digitally Transform Oil & Gas Industry

Tue, 22 Aug 2017 00:00:00 GMT

Microsoft and Halliburton announced plans to enter into a strategic alliance to drive digital transformation across the oil and gas industry. The relationship will combine the expertise of a global le...

Alstom to Renew Signalling System of Four Stations on Sarmiento Line

Tue, 22 Aug 2017 00:00:00 GMT

Alstom has signed a contract worth over 10 million euros for the renewal of the signalling system of four stations on Sarmiento line (Marcos Paz, General Las Heras, Empalme Lobos and Lobos) of the Mer...

Lukoil Launches Main Production Facilities at Gissar, Uzbekistan

Tue, 22 Aug 2017 00:00:00 GMT

LUKOIL has reached a progress milestone at its South-West Gissar project in Uzbekistan as it successfully launched the main production and process facilities there. These include a gas treatment plant...

ABB Technology to Enable Shore to Ship Power Supply at Canada’s Largest Port

Tue, 22 Aug 2017 00:00:00 GMT

ABB has been awarded a contract by the Vancouver Fraser Port Authority to provide a technology solution that will enable power to be supplied from shore to the Global Container Terminal (GCT) Deltapor...

Trends in Selected Commodity Markets - August 2017

Tue, 22 Aug 2017 00:00:00 GMT

After two months of average declines there was a recovery in oil prices in the second half of the month on improving signs of market rebalancing supported by overall commodities market sentiment. At t...

Frontera Resources Provides Update on Georgia Operations

Tue, 22 Aug 2017 00:00:00 GMT

Frontera Resources Corporation, a European focused independent oil and gas exploration and production company, is pleased to provide operations update related to its ongoing work at Block 12 in Georgi...