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Nigerian National Petroleum Corporation (NNPC) has signed five agreements with Seplat Petroleum Development Company (SPDC) to accelerate the development of the Assa North and Ohaji South (ANOH) gas field in Nigeria.
Petroliam Nasional (Petronas) revealed that it had recently made a farm-in arrangement with Total E&P Senegal to acquire a stake of 30% in the Rufisque Offshore Profond block in Senegal.
Spirit Energy has failed to find petroleum after drilling into the wildcat well 7322/7-1 located in production license 852 in the Barents Sea.
Parkland Fuel, through its US based subsidiaries, has signed an agreement to acquire all of the issued and outstanding equity interests of Rhinehart Oil and its affiliates.
GulfSlope Energy has started drilling of the Canoe Prospect No.1 well located in the Vermilion Area, South Addition Block 378 in Gulf of Mexico.
The US Federal Energy Regulatory Commission (FERC) has approved Williams’ $127m Rivervale South to Market project, an expansion of the existing Transco natural gas pipeline to deliver more natural gas to northeastern US.
Petrofac has bagged a contract of about $370m from Iraqi national oil company Basra Oil (BOC) for expansion of the Central Processing Facility (CPF) in the Majnoon Field located in Southern Iraq.
Canadian oilfield services provider Ensign Energy Services (ESI) is planning to acquire Trinidad Drilling in a deal valued at C$947m ($720.26m) including debt, to strengthen its business.
Baker Hughes, a GE company, has bagged a development contract from Vedanta’s oil and gas subsidiary Cairn Oil & Gas for the construction of nearly 300 new wells and delivery of a chemical EOR program in the Indian state of Rajasthan.
In July, Cuadrilla became the first shale gas developer to be given final consent to begin fracking in the UK. CEO Francis Egan responds to criticism from environmentalists and explains why he believes fracking can reduce the UK’s reliance on imported gas.
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