News

  • Croatia opens licensing round in Dinarides onshore area

    Croatia has opened a licensing round for oil and gas exploration in its central and southern regions with the bid deadline being the 10th September.   Licences are tentatively scheduled to be announced in December, a spokesman with the Croatia Hydrocarbon Agency (CHA) said.  …

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  • Chevron Signs New Gas Agreement with GS Caltex

    Chevron USA Inc has announced the signing of a sales and purchase agreement with GS Caltex Corporation for the delivery of liquefied natural gas  to South Korea from Chevron’s global supply portfolio.   As a joint venture between Chevron and GS Energy, GS Caltex has…

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  • Searcher Seismic completes airborne geophysical survey in Papua New Guinea

    Searcher Seismic has announced the completion of the regional multi-client airborne gravity, gravity-gradiometry and magnetics survey covering the transition zone of the Gulf of Papua.   The Roho Airborne Gravity, Gravity-Gradiometry and Magnetic Survey covers approximately 60,700 square kilometres along the southern coast of PNG….

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  • The Nordex Group Will Also Produce Rotor Blades in Mexico

    The Nordex Group will in future also produce its own rotor blades in Mexico. To this end, the company will set up a production facility in Matamoros, in the state of Tamaulipas.   Moving forward, rotor blades totalling more than 1GW capacity per year will…

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  • Tullow Looks at No Deal Brexit Implications

    Tullow, which employs a number of EU nationals in the UK, has stated in its latest results statement that its board is concerned about the uncertainty that a No Deal Brexit would cause these “much-valued members of staff”.   In its results statement, Tullow also…

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  • Jubilee FPSO switched to new heading

    Tullow Oil says the turret remediation project for the Jubilee FPSO offshore Ghana is close to completion.   The programme, said to have included the first ever remediation of this type at sea, involved shutting down the FPSO Kwame Nkrumah twice in the first half…

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  • Top 10 US Shale Portfolios

    Chevron holds the most valuable US shale portfolio in terms of total net present value (NPV), according to Rystad Energy.   The total NPV for Chevron’s US shale portfolio is US$72 billion, with the company’s acreage in the Permian Delaware alone standing at nearly US$60…

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