Premier Oil expects the Chim Sao and Dua oil fields offshore Vietnam to continue producing until 2030, a decade longer than in the original development plan, according to new partner Ophir Energy. Ophir came onboard following its recent acquisition of Santos’ producing interests in…
Colombia’s regulator Agencia Nacional de Hidrocarburos (ANH) and Shell have signed exploration and production contracts for two blocks offshore Colombia. Officials from Shell and the country’s regulator on Monday, the 11th March signed the exploration and production contracts for the “COL 3” and “GUA…
A technical proposal developed by Saipem SpA for a new refinery in Uganda has won formal approval from the Ugandan government, Saipem reported on the 12th March. Meeting at Saipem’s headquarters in Milan a delegation led by Uganda’s minister of energy and mineral development…
TechnipFMC has added to its international fleet of subsea pipelay, diving and construction ships after purchasing a new-build diving support vessel – the Deep Discoverer. The company signed a deal with VARD shipyard in Norway to purchase the vessel in late 2018. The vessel…
This Top 20 Geothermal Power Companies 2019: Profiles of Leading Companies Operating Within the Geothermal Power Market Including Financial and Market Share Analysis (Capacity MW, $million) Plus Tables Outlining Major Projects in Various Regions assesses the prospects for the leading players in geothermal power market….
AIM-listed Prospex Oil and Gas has announced that it has been advised by the operator, Raffles Energy, that the National Agency for Mineral Resources (‘NAMR’) has granted an enlargement of the Exploration Area of the EIV-1 Suceava Concession, north-east Romania. The Additional Area awarded…
Lloyd’s Brussels granted Monaco re/insurance licence for Brexit; appoints Rochefoucauld Lloyd’s Brussels, the new Brexit subsidiary of London-centred specialist re/insurance market Lloyd’s, has received authorisation to underwrite insurance and reinsurance risks located in Monaco. In addition, the subsidiary has appointed Guy-Antoine de La Rochefoucauld…
Everest bolsters cyber group with Navigators hire Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has hired Navigators’ Ayesha West to join its cyber insurance group as a vice president. Ms West will be responsible for managing the development of the company’s national…
ConocoPhillips has said that an international arbitration tribunal has order Venezuela to pay the oil company US$8.7 billion for unlawful expropriation of ConocoPhillips’ oil and gas assets in Venezuela 2007. The US oil company said the International Centre for Settlement of Investment Disputes (ICSID)…
Cowboy boots and turquoise belt buckles are giving way to smart suits and silk ties as the world’s biggest shale oil field prepares for mergers. As oil executives from across the world gather in Houston for the annual CERAWeek by IHS Markit conference, the…
