Neptune Energy announces major milestone for Touat gas facility
Neptune Energy have announced a major milestone for the Touat gas facility in Algeria, with operatorship having been formally passed to Groupement Touat Gaz (GTG).
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Neptune Energy have announced a major milestone for the Touat gas facility in Algeria, with operatorship having been formally passed to Groupement Touat Gaz (GTG).
Oil prices declined this morning, as traders priced in the continuous rise of Covid-19 infections and the consequences that may follow as a result.
The reduction is a result of an agreement to exclude Edison's Norwegian assets from the transaction.
Running 16 fields on the Norwegian continental shelf with power from shore will mean that total CO2 emissions will be about 3.2 million t lower per year than they otherwise would have been.
The Lemang PSC is located onshore Sumatra, Indonesia, and includes the Akatara gas field.
19 companies, including ExxonMobil, BP, Total, Shell, Equinor, Petrobras and PetroChina, have been approved by Guyana's government for the next phase of the selection process.
The shale company has voluntarily filed for Chapter 11 protection in the US Bankruptcy Court for the Southern District of Texas.
Gillian King will work with CEO Colette Cohen and new Chair, Martin Gilbert, to shape the overall strategic direction and long-term success of the Oil & Gas Technology Centre.
The temporary tax relief package for the petroleum industry that Norway recently approved could improve exploration and production companies’ short-term liquidity and reduce breakeven prices for future development projects by about 40% on average.
The platform is being constructed in the Kamennomysskoye-Sea gas field, located in the Ob Bay of the Kara Sea.
As Total and CNOOC develop billions of barrels of proven oil reserves near Lake Albert, the Ugandan government is committed to attracting more investment into the development of its hydrocarbons potential through the Second Licensing Round.
Oil prices gained this morning, as traders ignored new Covid-19 spikes, partly correcting losses of previous sessions.