Shearwater, WesternGeco sign Global Agreement for Seismic Acquisition Services
Shearwater GeoServices and WesternGeco sign Global Agreement for Seismic Acquisition Services and announce Australia survey award. Shearwater Provides Order Intake Update. Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce a multi-year Global Agreement for the purchase of geophysical data acquisition services by WesternGeco, and the award of a survey in Australia under the new […]
Petronas Exploring $3 Billion African Upstream Asset Sale
Petronas could sell its Egyptian upstream assets as it looks to offload part of its African portfolio: Malaysian oil firm Petroliam Nasional Berhad (Petronas) is inviting bids for its upstream assets in Africa — including its local concessions — in a transaction that could be worth up to USD 3 bn, Bloomberg reports, citing sources it says has knowledge of the […]
PETRONAS Retains Position as World’s Strongest Oil and Gas Brand
PETRONAS has maintained its position as the world’s strongest Oil and Gas (O&G) brand for the third consecutive year, according to Brand Finance’s 2022 annual report on the most valuable and strongest O&G brands. The company also remains among the top 10 most valuable O&G brands globally in 2022. PETRONAS’ rank has been attributed to […]
Hempel launches Hempafire XTR 100 for hydrocarbon passive fire protection of O&G downstream assets
After 10 years of continuous success in the passive fire protection (PFP) market with its cellulosic range of products, Hempel today launched its first product for the hydrocarbon PFP segment: Hempafire XTR 100. Providing UL 1709-certified hydrocarbon passive fire protection in a lightweight coating with low dry film thicknesses, Hempafire XTR 100 offers significant safety […]
10 Tips for Getting the Most Out of an Optical Gas Imaging (OGI) Camera
Introduction Optical Gas Imaging (OGI) cameras use spectral wavelength filtering and Stirling cooler cold-filtering technology to visualize the infrared absorption of gases such as methane (CH4) sulfur hexafluoride (SF6), carbon dioxide (CO2), and refrigerants. FLIR produces several camera models, each with a filter that matches the spectral absorption of the gas its meant to visualize. […]
Tullow Oil, Capricorn Energy agree to merge in all-share combination
Tullow Oil and Capricorn Energy PLC have agreed to merge in an all-share combination, Tullow Oil said in a June 1 announcement. The combine would result in a diversified pan-African upstream portfolio underpinned by low-cost producing assets, with a deep portfolio of incremental high-return investment opportunities in Ghana, Egypt, Gabon, and Côte d’Ivoire, Tullow said. […]
Shell subsidiary BG Egypt acquires 100% stake in ExxonMobil’s North East El Amriya offshore block
SHELL STRENGTHENS ITS OFFSHORE POSITION IN EGYPT’S NILE DELTA – ACQUIRES OFFSHORE BLOCK 3 BG International Limited., a subsidiary of Shell plc., signed a Farm Out Agreement (FOA) with ExxonMobil Egypt (Upstream) Limited to acquire a 100% stake in the ExxonMobil-operated North East El-Amriya Offshore Area, Mediterranean Sea – also known as Block 3. On […]
Wintershall Dea CEO Mehren: “The War Marks a Fundamental Turning Point”
SPECIAL MEDIA CALL AND Q1 2022 RESULTS: In a special media call, Wintershall Dea CEO Mario Mehren has described the Russian war of aggression against Ukraine as “a fundamental turning point for Wintershall Dea.” Days into the war, Wintershall Dea announced the impairment of Nord Stream 2 financing, stopped payments into Russia and said a […]
Eni announces three new discoveries in the Western Desert of Egypt
New oil and gas discoveries in the Meleiha concession add 8,500 barrels of oil equivalent to production. Eni announces new oil and gas discoveries in the Meleiha concessions, in Egypt’s Western Desert, for approximately 8,500 barrels/day of oil equivalent. These new discoveries have already been connected and tied into production, in line with the Infrastructure-led […]
TGS Announces a Second 3D Multi-Client Seismic Survey in Egypt’s Red Sea
TGS, a global provider of energy data and intelligence, today announced a new 3D seismic survey in the Red Sea, Egypt, in partnership with Schlumberger. This survey represents the second phase of new acquisition for the partners in this region and will encompass a minimum of 5,000 square kilometers. Data will be acquired with long […]
