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Tag: gas
China's Sinopec Oilfield seeks growth in overseas and gas drilling to offset oil work plunge
2016-04-01 05:27:29| Oil & Gas - Topix.net
Sinopec Oilfield Service, whose biggest customer is China's second largest oil and gas producer Sinopec - has turned its focus to the overseas market and domestic natural gas projects for growth, as low oil prices cut domestic oil drilling work volumes and saw it post a loss last year. The drilling and construction services arm of state-owned China Petrochemical - parent of listed Sinopec - is aiming for overseas business to contribute up to 35 per cent of its revenues by 2020, up from 23 per cent last year.
Israel's Leviathan gas deal: not out of the woods yet
2016-04-01 01:00:00| Offshore Technology
In August 2015, after almost five years of negotiation, the Israeli Government announced it had reached a deal with a US-Israeli consortium to develop the Leviathan gas field, 80 miles off the coast of Israel. Since the deal was signed, the governmen
BP and CNPC sign contract for shale gas development in China
2016-04-01 01:00:00| Hydrocarbons Technology
BP and China National Petroleum (CNPC) have signed a contract for shale gas exploration, development and production in the Neijiang-Dazu block in the Sichuan Basin, China.
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china
PACC secures contract to support oil and gas production activities in Campos Basin, Brazil
2016-04-01 01:00:00| Offshore Technology
PACC Offshore Services has secured a one-year contract to support the oil and gas production activities of an undisclosed client in the Campos Basin, Brazil, using its semisubmersible accommodation vessel, POSH Xanadu (SSAV).
Tags: support
activities
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EPA aims to cut methane leaks from natural gas companies
2016-03-31 15:08:02| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: The Obama administration on Wednesday announced a new partnership with 41 energy companies that have agreed to voluntarily reduce methane emissions from natural gas operations to help combat climate change. The Environmental Protection Agency unveiled the Natural Gas STAR Methane Challenge Program at this week's Global Methane Forum held in Washington. Methane is a potent greenhouse gas, capable of trapping 25 times more heat in the atmosphere than an equivalent amount of carbon dioxide. EPA Administrator...
Tags: companies
natural
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gas
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