
OMV and Sapura Energy close agreement to form new partnership
OMV and Sapura Energy Berhad have closed the agreement to form a strategic partnership.
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OMV and Sapura Energy Berhad have closed the agreement to form a strategic partnership.

Single-plane, three-charge system is up to 3.5 times shorter than traditional perforating guns, enhancing well-completion flexibility and operational efficiencies.

Driven by its significant investment in Guyana, ExxonMobil is leader of the pack among the top oil and gas explorers of 2018, according to Rystad Energy’s annual exploration review.

The Oil and Gas Authority (OGA) has launched the Supplementary 31st Offshore Licensing Round, presenting an exceptional opportunity for oil and gas companies to collaborate to maximise economic recovery of up to 300 million boe in the Greater Buchan Area.

Helge Beuthan, currently Vice President for Global Subsurface Evaluation, will take over the duties of Dr. Uwe Salge in Abu Dhabi on 1 February.

The EnCounter acquisition is the second transaction executed by Talon, as the Company looks to build on its newly incorporated UK North Sea strategy.

The Rowan Viking, an N-Class ultra-harsh environment jack-up rig, has been awarded a seven-well programme.

The company has announced the execution of a Share Purchase Agreement for the acquisition of Chevron Brasil Upstream Frade Ltda.

The US was undoubtedly the ‘most valuable player’ of 2018 global oil and gas M&A activity, accounting for more than two thirds of the total oil and gas deal value – a record high share – according to a new report by Deloitte.

The company has had a presence in Norway for six years and a local business development manager who acted as a focal point for clients in the region.

However, chronic midstream infrastructure bottlenecks and low price environment can limit the progress of the oil and gas industry, says GlobalData.

During the December quarter, Triangle Energy (Global) Limited (Triangle, the Company) delivered a 93% increase in production over the previous quarter.