Papua New Guinea Gas Project Signs Supply Deal With BP
Earlier this month, Oil Search resumed operations to produce oil at the Agogo production facility, which was knocked out by a major earthquake in Papua New Guinea in February.
Swiss Utility In LNG Supply Talks With Canada's Goldboro Project
Axpo, a Swiss utility and energy trader, said on Aug. 16 it was in talks with a Canadian company planning to build a LNG terminal on the country's East Coast for a 10-year supply deal.
Eni Wins Exploration License, Lease Extension For Egypt Assets
Eni (NYSE: E) said Aug. 14 that a new concession agreement, aimed at governing an offshore exploration license in the prolific East Nile Delta Basin of the Mediterranean Sea, has received approval by Egyptian authorities.
Ensign Launches C$947 Million Takeover Bid For Trinidad Drilling
Analysts with Tudor, Picking, Holt & Co. said Ensign’s proposed acquisition of Trinidad would create one of the largest North American land drillers with critical mass in many key international markets.
Saudi Cuts Oil Output As OPEC Points To 2019 Surplus
OPEC on Aug. 13 forecast lower demand for its crude next year as rivals pump more and said top oil exporter Saudi Arabia, eager to avoid a return of oversupply, had cut production.
Oceaneering Bags Equinor Contract For E-ROV Services
The E-ROV system is expected to be deployed in water depths up to 1000 m (3,280 ft) on the Norwegian Continental Shelf.
Aker Solutions Lands Work On Johan Sverdrup Offshore Norway
The operator exercised an option in the riser platform hook-up contract awarded in January 2017 for Aker Solutions to perform hook-up and commissioning assistance of the field’s utility and living quarter platform, according to a news release.
Houston-Based Directional Drilling Firm SDI Reportedly Seeking Buyer
The sale process for Houston-based SDI began recently, said three sources who spoke on condition of anonymity as the information has not been made public.
Wood Snags Contract For Scarborough Gas Field Development
Wood has been awarded a contract by Woodside on Aug. 9 to support the execution of concept definition for the proposed Scarborough upstream development, offshore Western Australia.
Savannah Petroleum, Republic Of Niger Ink Memorandum Of Understanding
Savannah Petroleum’s subsidiary Savannah Niger has signed a legally binding memorandum of understanding (MOU) with the Republic of Niger, the company said on Aug. 8.