
E-trading software for over-the-counter oil block futures transactions launched
BLOC-X has created software designed to reduce transaction costs for market traders and remove pricing or information bias.
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BLOC-X has created software designed to reduce transaction costs for market traders and remove pricing or information bias.

The EG Ronda Licensing Round Roadshow 2019, which will take place next week in Beijing, China, will be showcasing the 27 oil & gas blocks on offer under the country’s 2019 oil and gas licensing round.

Equinor has signed three-year contracts with Tendeka AS and Baker Hughes Norge AS for providing sand screen services at a total value of around NOK one billion, including options for five two-year extensions.

New legislation was created earlier this month to protect mineral owners from fraudulent activity and strengthen private property rights in the US state.

The tablet-based technology aims to streamline non-destructive testing and inspection management.

The Online Repair Service Product offering from Hydratight is designed to ensure pipelines remain fully operational while necessary repairs are conducted.

The company has agreed to pay a total of US$301.3 million to these authorities to resolve investigations into conduct dating back over a decade ago.

Daniel Rogers, Global Data, said that Norwegian production only accounts for approximately 3% of ExxonMobil's total portfolio.

Delegates can expect contributions from 200 speakers, ministerial panels, and forums on finance and future technology.

Drilling and testing at Bainet West are expected to take 15 - 20 days to complete.

If Britain left the EU without an agreement companies would need to quote correct commodity codes for goods traded with the bloc, according to Adam Johnson, director of Tudor International Freight.

Infrastructure Networks will sell, supply and service Machfu solutions, delivered over INET’s wireless platform, while Machfu will use INET’s LTE coverage to connect to oil and gas assets real time in key energy producing areas.