More Oil & Gas Exploration and Development News

Petrobras extension well confirms Sergipe-Alagoas basin gas potential

Sep 25, 2014

Petroleo Brasileiro SA (Petrobras) encountered gas while drilling extension well 3-BRSA-1022-SES (3-SES-181) on concession BM-SEAL-4 in the Poco Verde area of the ultradeepwater Sergipe-Alagoas basin.

Greenland’s premier outlines deliberate, resolute resources approach

Sep 25, 2014

Greenland is moving deliberately, but resolutely, in preparing to develop its oil and gas and other mineral resources, its premier said at the Brookings Institution. Realizing that potential could take at least 20 years, other speakers indicated at the Sept. 24 event where a new report on the subject was released.

Companies awarded licenses onshore, offshore Egypt

Sep 25, 2014

Egyptian General Petroleum Corp. (EGPC) and Egyptian Natural Gas Holding Co. (Egas) have awarded licenses in their 2013 bid rounds for blocks in the Western Desert of Egypt and Mediterranean Sea.

New South Wales extends gas exploration ban by 12 months

Sep 25, 2014

The government of New South Wales has made a surprise announcement to extend its ban on gas exploration in the state by a further 12 months.

Investors watch with interest as Mexican energy reforms unfold

Sep 23, 2014

Mexico is implementing key aspects of its energy reform more quickly than some observers had expected. So far this year, the country has passed 21 new and amended laws relating to the sector and selected the oil and gas fields that will be placed on the block in the country’s first competitive upstream bid round, set for mid-2015.

Is air transport a health threat? EPA will decide

Sep 22, 2014

The US Environmental Protection Agency has the chance to demonstrate judgment when it decides whether air travel threatens humanity.

AAPG ICE: ExxonMobil outlines international approach to unconventional development

Sep 22, 2014

Global energy demand is expected to increase 35% to 2040, translating to 120 billion boe/year, or nearly 350 million boe/d, stated Rocky Becker, vice-president, Europe-Caspian-Russia at ExxonMobil Exploration Co.

AAPG ICE: Turkey sees early shale oil development

Sep 22, 2014

Turkey is slightly larger than the state of Texas geographically, yet the country has only seen 4,400 wells drilled since 1940.

AAPG ICE: Seismic reprocessing enhances potential for Russia's legacy basins

Sep 22, 2014

Russia's Precaucus and Uralian Foreland basins are the oldest and most developed oil and gas producing regions in the country. As the "birthplace" of Russia's oil industry, the Precaucus was first developed in the late 19th century.

ExxonMobil ‘winding down’ Arctic well, complying with US, EU sanctions on Russia

Sep 19, 2014

ExxonMobil Corp. released a statement that the company is complying with all US sanctions on Russia after news reports that the operator had halted operations on its first arctic exploration well—University-1—in Russia’s Kara Sea.

AWE makes gas discovery under existing Senecio field

Sep 18, 2014

AWE Ltd., Sydney, has increased the worth of its Senecio gas field in permits L1/L2 in the onshore Perth basin of Western Australia with a discovery underlying the Senecio reservoir.

EGPC awards two Gulf of Suez concessions to RWE Dea

Sep 18, 2014

Egyptian General Petroleum Corp. (EGPC) has awarded two concessions in the Gulf of Suez to RWE Dea AG, which said the awards stem from International Bid Round 2013.

Eni reports second major oil find in as many days

Sep 18, 2014

Eni SPA has made an oil discovery with the Oglan-2 exploration well on Ecuador’s Block 10, 260 km southeast of Quito.

 

AAPG ICE: Seismic reprocessing enhances potential for Russia’s legacy basins

Sep 17, 2014

Russia’s Precaucus and Uralian Foreland basins are the oldest and most developed oil and gas producing regions in the country. As the “birthplace” of Russia’s oil industry, the Precaucus was first developed in the late 19th century. Production improved rapidly after 1920 and entered steep decline after 1970.

Eni makes major oil discovery offshore Angola

Sep 17, 2014

Eni SPA has made an oil discovery on Block 15/06 in the Ochigufu exploration prospect offshore Angola. It is the 10th commercial oil discovery for the block, and is estimated to hold 300 million bbl of oil in place.

Market Connection

PUBLIC AUCTION: Complete Liquidation of 300-Acre Facility. McDERMOTT, INC.: AMELIA (MORGAN CITY), LOUISIANA. SEPTEMBER 8-12, 2014. ONE OF AMERICA’S OLDEST & MOST RESPECTED OFFSHORE/ONSHORE HEAVY FABRICATION FACILITIES: OFFSHORE MARINE EQUIPMENT, TREMENDOUS OFFERING OF MOBILE EQUIPMENT, COMPLETE OFFSHORE PLATFORM & JACKET MANUFACTURING FACILITIES.

PUBLIC AUCTION: Complete Liquidation of Offshore/Onshore Heavy Fabrication Facility

  PUBLIC AUCTION: Complete Liquidation of 300-Acre Facility. McDERMOTT, INC.: AMELIA (MORGAN CITY), LOUISIANA. SEPTEMBER 8-12, 2014. ONE OF AM...
mac-weld machinery

MAC-WELD Machining Ltd.

MAC-WELD Machining Ltd. Thermowells, Instrument Valves, Level Chambers, Orifice Plates, Bleed/Flush Rings. Over 35 years of instrumentation hardwa...
Proco

Proco Products: Your Expansion Joint Source for Mud Tanks, Frac Tanks, Shale Shakers

Proco Products, Inc. is a global leader in the design and supply of piping/ducting system expansion joints and rubber check valves. We offer the mo...
Refinery Units and Equipment for Sale (PA). Pictured: LSG: Gasoline Desulfurizer, 65,000 BPD.

Refinery Units and Equipment for Sale (PA)

Refinery Units and Equipment for Sale (PA). Pictured: LSG: Gasoline Desulfurizer, 65,000 BPD.

Welded

Contact Us for YOUR Next Pipeline Construction Project

We are a mainline contractor capable of installing pipeline projects ranging up to 48” anywhere within the United States. We give our clients a bal...
Stay Connected